KeyBank National Association: SBA Lending Record

What SBA's own loan files show about KeyBank National Association as an SBA lender, and how a lender's record bears on a feasibility study.

KeyBank National Association: loans and programs

7,043 approved loans, $2.93 billion gross, tie to KeyBank National Association across FY2017 to FY2026. SBA records KeyBank National Association as holding, or having held, these 7,043 loans. 7,043 of the loans at KeyBank National Association sit under 7(a); 0 sit under 504. In SBA's file, KeyBank National Association sits in OH. SBA, not KeyBank National Association, guarantees these 7,043 loans. Counts for KeyBank National Association describe records only.

Classes and places for KeyBank National Association

KeyBank National Association has 5,119 loans, of 7,043, outside the classes tracked on this site. Tracked class by class, the record of KeyBank National Association opens Full-service restaurant (508), Limited-service restaurant (302), Fitness center (206), Coffee shop and snack bar (129), Automotive mechanical repair (car and truck) (106), Beauty salon (99), Child care center (72), Liquor store (70). Diagnostic imaging center closes the class list with 5 loans. A buyer planning Full-service restaurant will find 508 loans on the record of KeyBank National Association. Limited-service restaurant follows with 302 loans at KeyBank National Association. In Fitness center, KeyBank National Association shows 206 loans. Washington follows with 1,207 loans in the KeyBank National Association record. By state, KeyBank National Association begins New York (1,242), Washington (1,207), Ohio (1,107), Pennsylvania (550), Colorado (521), Oregon (478), Indiana (381), Connecticut (288), Utah (230), Michigan (207), Maine (130). Alabama ends the state list at 5. OH is where SBA places the lender; New York holds the most loans, 1,242.

What SBA records on outcomes for KeyBank National Association

For KeyBank National Association approvals from FY2017 to FY2024, 9.1% were cancelled after approval, a floor; and a ceiling of 11.3%, which counts undisbursed loans. These are minimum rates for KeyBank National Association, and later charge-offs within the group can only raise it. Among FY2017 to FY2021 disbursements at KeyBank National Association, 5.0% have been charged off by now, a floor, over 3,001 loans. Within five years of approval, charged off, KeyBank National Association stands at 1.4%.

Using the KeyBank National Association record in a study

Full-service restaurant at KeyBank National Association opens with a look at demand. A study of Limited-service restaurant next tests the cost to build; KeyBank National Association shows 302 loans in that class. Third comes debt service coverage: KeyBank National Association shows $2.93 billion across 7,043 loans, yet the coverage test is set by the project alone. Finally comes the appraisal, which no count of 206 Fitness center loans at KeyBank National Association can displace. An applicant in New York can look at 1,242 loans in the KeyBank National Association record, and one in Washington, 1,207. KeyBank National Association alone decides what it asks for. No approval is promised here, and KeyBank National Association sets its own terms.

SBA loans held by KeyBank National Association

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 FY20267,043
Gross dollars approved$2.93 billion
SBA 7(a) loans7,043
SBA 504 loans0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)9.1%
The same, counting loans still undisbursed as cancelled (a ceiling)11.3%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)5.0%
Charged off within five years of approval1.4%
Loans in that cohort3,001

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 classLoans
Not in any of the 39 asset classes5,119
Full-service restaurant508
Limited-service restaurant302
Fitness center206
Coffee shop and snack bar129
Automotive mechanical repair (car and truck)106
Beauty salon99
Child care center72
Liquor store70
Beverage manufacturing (breweries, wineries, distilleries)61
Grocery store61
Medical office (physicians)48
Gas station and truck stop41
Caterers (includes banquet halls with catering staff)39
Rehabilitation and therapy clinic28
Car wash24
Dental office19
School (elementary and secondary, including charter)12
Assisted living (without nursing care)11
Hotel and motel11
Veterinary clinic11
Warehouse and distribution10
Behavioral health and addiction treatment10
Marina7
Data center7
Self storage6
Diagnostic imaging center5

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

Loans by project state

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-17534.

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 KeyBank National Association or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

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