KeyBank approved 3,547 SBA loans worth $1.2B between October 2021 and June 2026, ranking #16 of 2,283 SBA lenders nationally by loan count. Its median loan was $50,000, and 69% went to startups or businesses under two years old. It lent in 43 states, most often in New York, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 674 | $131.6M | $50,000 | #9 |
| Ohio | 615 | $245.6M | $100,000 | #3 |
| Washington | 588 | $227.3M | $150,000 | #3 |
| Pennsylvania | 314 | $70.4M | $50,000 | #6 |
| Colorado | 263 | $67.0M | $50,000 | #8 |
| Oregon | 211 | $82.3M | $100,000 | #3 |
| Connecticut | 152 | $21.6M | $32,500 | #8 |
| Indiana | 132 | $59.2M | $172,900 | #9 |
| Michigan | 109 | $41.5M | $50,000 | #19 |
| Utah | 100 | $49.3M | $50,000 | #17 |
| Maine | 63 | $7.1M | $35,200 | #6 |
| Alaska | 62 | $17.5M | $100,000 | #3 |
| New Jersey | 44 | $14.3M | $98,950 | #38 |
| Idaho | 35 | $4.6M | $40,000 | #24 |
| Massachusetts | 30 | $9.4M | $50,000 | #44 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 612 | $127,000 | |
| Construction | 444 | $40,000 | |
| Retail | 422 | $50,000 | |
| Other services (repair, personal care) | 378 | $50,000 | |
| Transportation and warehousing | 310 | $40,000 | |
| Manufacturing | 260 | $250,000 | |
| Health care and social assistance | 236 | $100,000 | |
| Professional and technical services | 222 | $100,000 | |
| Administrative and support services | 195 | $50,000 | |
| Arts, entertainment and recreation | 189 | $360,000 |