SBA 7(a) lenders in Franklin, KY
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
20 institutions have SBA 7(a) loans on record in Franklin, together $21.7M across 65 loans. First Financial Bank is the largest, with 17% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | First Financial Bank | 6 | $3.6M | 16.6% | 0.00% |
| 2 | Live Oak Banking Company | 4 | $3.0M | 14.0% | 0.00% |
| 3 | Community Trust Bank, Inc. | 22 | $2.9M | 13.4% | 4.05% |
| 4 | The Huntington National Bank | 4 | $2.6M | 12.1% | 0.00% |
| 5 | U.S. Bank, National Association | 5 | $2.1M | 9.7% | 0.00% |
| 6 | Stearns Bank National Association | 1 | $1.7M | 7.7% | 0.00% |
| 7 | CIBM Bank | 1 | $1.7M | 7.7% | 0.00% |
| 8 | WesBanco Bank, Inc. | 7 | $1.2M | 5.6% | 0.00% |
| 9 | First Western SBLC, LLC | 1 | $956K | 4.4% | 0.00% |
| 10 | Central Bank & Trust Co. | 1 | $360K | 1.7% | 0.00% |
| 11 | CDC Small Business Finance Corp. | 1 | $350K | 1.6% | 0.00% |
| 12 | Popular Bank | 2 | $247K | 1.1% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 1 | $205K | 0.9% | 0.00% |
| 14 | City National Bank of West Virginia | 2 | $181K | 0.8% | 41.57% |
| 15 | Readycap Lending, LLC | 2 | $175K | 0.8% | 0.00% |
| 16 | Celtic Bank Corporation | 1 | $150K | 0.7% | 0.00% |
| 17 | Magnolia Bank Incorporated | 1 | $130K | 0.6% | 0.00% |
| 18 | Fifth Third Bank | 1 | $100K | 0.5% | 0.00% |
| 19 | Stock Yards Bank & Trust Company | 1 | $25K | 0.1% | 0.00% |
| 20 | PNC Bank, National Association | 1 | $11K | 0.0% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Accommodation & food services | 10 | $5.6M | 25.9% |
| 2 | Health care & social assistance | 12 | $4.5M | 20.7% |
| 3 | Retail trade | 8 | $3.4M | 15.6% |
| 4 | Construction | 6 | $2.4M | 11.1% |
| 5 | Retail trade | 3 | $2.2M | 10.3% |
| 6 | Other services | 8 | $1.5M | 6.8% |
| 7 | Transportation & warehousing | 5 | $911K | 4.2% |
| 8 | Professional & technical services | 7 | $471K | 2.2% |
| 9 | Manufacturing | 4 | $355K | 1.6% |
| 10 | Finance & insurance | 1 | $335K | 1.5% |
| 11 | Educational services | 1 | $25K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.