HomeTrust Bank and its SBA loans

SBA lists HomeTrust Bank as present or last holder of 808 loans whose approval fell between FY2017 and FY2026, for gross dollars of $938.0 million. All 808 sit in 7(a), and the 504 count stands at 0. Dollars and loans are the holder's file as SBA reports it. Nothing here addresses how the bank lends or what it requires of a borrower.

Hotels and fuel stops stand out

414 loans belong to no asset class. In the classed part, hotel and motel leads at 101 loans, while gas station and truck stop sits at 77. Full-service restaurant has 35, limited-service restaurant 28, child care center 25 and fitness center 22. Lodging and fuel projects both depend on location and competing supply, so a feasibility study for either has to test the site's market against nearby alternatives, the cost to build, the stabilised income and the appraisal. Those four tests are what separate a thoughtful proposal from a hopeful one.

Georgia and the Carolinas

Georgia has 223 loans and North Carolina 182. Florida shows 61, South Carolina 41, Texas 40, Virginia 32 and California 20. Two states carry most of the file by count, and a borrower in either will find the holder amply represented. A borrower in Virginia or Texas will find a smaller footprint, and one outside the list will find none.

Equal cancellation floor and ceiling

Across FY2017 to FY2024 approvals, 12.0% were cancelled (a floor), and the ceiling that adds in undisbursed loans lands on the same 12.0%. Of 344 loans disbursed in FY2017 to FY2021, 3.5% stand charged off so far (a floor), whereas the share inside five years of approval is 2.0%. The rates pool every trade and describe loans that continue to season, so they are context for a borrower and no forecast.

Reading it with a study

The sensible use of this record is to see whether a lender's file includes projects like yours. The proof of a project lies elsewhere: a market study, a cost budget, a debt service test under a slower year and an appraisal. Bring those, and treat the holder's counts only as background.

SBA loans held by HomeTrust Bank

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	808
Gross dollars approved	$938.0 million
SBA 7(a) loans	808
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	12.0%
The same, counting loans still undisbursed as cancelled (a ceiling)	12.0%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	3.5%
Charged off within five years of approval	2.0%
Loans in that cohort	344

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	414
Hotel and motel	101
Gas station and truck stop	77
Full-service restaurant	35
Limited-service restaurant	28
Child care center	25
Fitness center	22
Liquor store	18
Automotive mechanical repair (car and truck)	13
Grocery store	12
Beverage manufacturing (breweries, wineries, distilleries)	11
Coffee shop and snack bar	10
Assisted living (without nursing care)	6
Medical office (physicians)	5
Beauty salon	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Georgia	223
North Carolina	182
Florida	61
South Carolina	41
Texas	40
Virginia	32
California	20
New York	20
Maryland	18
Alabama	17
Ohio	17
Colorado	16
Illinois	15
Pennsylvania	14
Tennessee	14
Alaska	8
Massachusetts	7
New Jersey	6
Washington	5

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-27677.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by HomeTrust Bank or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

HomeTrust Bank: SBA Lending Record