Community Trust Bank, Inc.
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Community Trust Bank, Inc. · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 44 | $3.1M | $70K | 2.7% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 41 | $1.9M | $47K | 2.5% |
| 722511 | Full-Service Restaurants | 39 | $5.9M | $151K | 2.4% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 27 | $5.4M | $202K | 1.6% |
| 722513 | Limited-Service Restaurants | 26 | $5.5M | $210K | 1.6% |
| 561730 | Landscaping Services | 25 | $1.4M | $57K | 1.5% |
| 811111 | General Automotive Repair | 24 | $3.0M | $127K | 1.5% |
| 238910 | Site Preparation Contractors | 21 | $2.2M | $104K | 1.3% |
| 238990 | All Other Specialty Trade Contractors | 20 | $2.0M | $98K | 1.2% |
| 621310 | Offices of Chiropractors | 19 | $2.4M | $124K | 1.2% |
Geographic Distribution
SBA lending activity for Community Trust Bank, Inc. by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 1,450 | $223.5M | 87.8% |
| Tennessee (TN) | 57 | $37.5M | 3.5% |
| West Virginia (WV) | 97 | $29.2M | 5.9% |
| Ohio (OH) | 26 | $9.3M | 1.6% |
| Virginia (VA) | 8 | $2.9M | 0.5% |
| Indiana (IN) | 8 | $2.2M | 0.5% |
| Colorado (CO) | 2 | $1.9M | 0.1% |
| Georgia (GA) | 1 | $100K | 0.1% |
| Illinois (IL) | 1 | $100K | 0.1% |
| New York (NY) | 1 | $45K | 0.1% |
Why Choose Community Trust Bank, Inc.?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 1,651 SBA loans approved, totaling $306.6M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, General Freight Trucking, Long-Distance, Truckload, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 5.94% with flexible term lengths averaging 98 months
- ✓Loan Range: Loan sizes from $3K to $5.0M, with an average of $186K
- ✓Nationwide Reach: Active lending in 10 states, with strong presence in KY, WV, TN
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Community Trust Bank, Inc. SBA lending
What types of businesses does Community Trust Bank, Inc. typically finance?
Community Trust Bank, Inc. specializes in SBA 7(a) lending to specific industries including general freight trucking, local, general freight trucking, long-distance, truckload, full-service restaurants, offices of physicians (except mental health specialists). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Community Trust Bank, Inc.'s typical SBA loan terms?
Community Trust Bank, Inc.'s SBA 7(a) loans typically feature an average interest rate of 5.94% and average term length of 98 months (approximately 8 years). Loan sizes range from $3K to $5.0M, with an average loan size of $186K.
Do I need a business valuation for a Community Trust Bank, Inc. SBA loan?
Yes, Community Trust Bank, Inc. typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Community Trust Bank, Inc. compare to other SBA lenders?
Community Trust Bank, Inc. has originated 1,651 SBA loans totaling $306.6M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Community Trust Bank, Inc. lend in?
Community Trust Bank, Inc. provides SBA 7(a) financing with particularly strong presence in KY, WV, TN, OH, VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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