SBA 7(a) lenders in Mercer, KY
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
13 institutions have SBA 7(a) loans on record in Mercer, together $9.6M across 37 loans. GBank is the largest, with 21% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | GBank | 1 | $2.0M | 20.6% | 0.00% |
| 2 | First Financial Bank | 3 | $1.9M | 19.7% | 0.00% |
| 3 | U.S. Bank, National Association | 7 | $1.4M | 15.1% | 8.91% |
| 4 | Live Oak Banking Company | 1 | $1.1M | 11.1% | 0.00% |
| 5 | Community Trust Bank, Inc. | 16 | $867K | 9.1% | 5.22% |
| 6 | Republic Bank & Trust Company | 1 | $848K | 8.9% | 0.00% |
| 7 | Whitaker Bank, Inc | 2 | $762K | 8.0% | 0.00% |
| 8 | BayFirst National Bank | 1 | $250K | 2.6% | 0.00% |
| 9 | Northeast Bank | 1 | $187K | 2.0% | 0.00% |
| 10 | Town & Country Bank and Trust Company | 1 | $125K | 1.3% | 0.00% |
| 11 | JPMorgan Chase Bank, National Association | 1 | $100K | 1.0% | 0.00% |
| 12 | Regions Bank | 1 | $36K | 0.4% | 75.49% |
| 13 | The Huntington National Bank | 1 | $31K | 0.3% | 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 | 6 | $2.5M | 26.7% |
| 2 | Retail trade | 6 | $1.8M | 18.8% |
| 3 | Other services | 2 | $1.3M | 13.7% |
| 4 | Administrative & waste services | 5 | $1.3M | 13.1% |
| 5 | Transportation & warehousing | 6 | $1.1M | 11.7% |
| 6 | Health care & social assistance | 3 | $888K | 9.3% |
| 7 | Professional & technical services | 2 | $212K | 2.2% |
| 8 | Finance & insurance | 1 | $125K | 1.3% |
| 9 | Agriculture, forestry & fishing | 1 | $105K | 1.1% |
| 10 | Manufacturing | 1 | $100K | 1.0% |
| 11 | Construction | 2 | $40K | 0.4% |
| 12 | Wholesale trade | 1 | $40K | 0.4% |
| 13 | Retail trade | 1 | $25K | 0.3% |
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.