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SBA lenders in Ashland, KY

SBA 7(a) and 504 loans to businesses in Ashland (Boyd County), October 2021 to June 30, 2026 · Updated October 15, 2026
25
SBA loans approved
$11.6M
Total approved
$150,000
Median loan
12
Lenders active
32%
To startups

25 SBA loans worth $11.6M went to businesses in Ashland, KY between October 2021 and June 2026, from 12 lenders. Community Trust Bank made the most, 5 loans. The median loan was $150,000, compared with $175,000 across Kentucky, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Ashland

#LenderLoansApprovedMedian loanTo startups
1Community Trust Bank
Bank · Pikeville, KY
5$2.0M$70,00020%
2Northeast Bank
Bank · Portland, ME
5$830K$150,00020%
3Peoples Bank
Bank · Marietta, OH
4$2.3M$315,10075%
4Newtek Bank
Bank · Miami, FL
2$2.8M$1,375,0000%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$100K$50,00050%
6Enterprise Bank & Trust
Bank · Clayton, MO
1$1.5M$1,470,2000%
7JPMorgan Chase Bank
Bank · Columbus, OH
1$990K$990,0000%
8Brightbridge
Certified development company · Chattanooga, TN
1$729K$729,0000%
9Capital Bank
Bank · Rockville, MD
1$200K$200,000100%
10Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$123K$122,7000%
11BayFirst National Bank
Bank · St. Petersburg, FL
1$100K$100,0000%
12U.S. Bank
Bank · Cincinnati, OH
1$10K$10,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Ashland. For 504 loans the lender shown is the certified development company.

What gets financed in Ashland

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels10
40%
$250,000Peoples Bank
Health care and social assistance6
24%
$126,200Newtek Bank
Other services (repair, personal care)3
12%
$55,500Community Trust Bank
Arts, entertainment and recreation2
8%
$941,850Community Trust Bank
Finance and insurance2
8%
$150,000Capital Bank
Construction1
4%
$150,000Northeast Bank
Retail1
4%
$10,000U.S. Bank
Loan size mix
  • Under $150,00048%
  • $150,000 to $500,00028%
  • $500,000 to $2 million20%
  • $2 million and up4%
Compared with Kentucky
Median loan, Ashland
$150,000
Median loan, Kentucky
$175,000
Startup share, Ashland
32%
Startup share, Kentucky
35%
Share of state's SBA loans
1.0%

SBA loans per fiscal year in Ashland

0369FY14: 2 loansFY14FY15: 4 loansFY15FY16: 3 loansFY16FY17FY18: 1 loansFY18FY19: 8 loansFY198FY20: 1 loansFY20FY21: 7 loansFY21FY22: 5 loansFY22FY23: 5 loansFY23FY24: 7 loansFY24FY25: 7 loansFY25FY26 (Oct to Jun): 1 loansFY261
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.