KeyBank
27th largest bank in United States, top 15 SBA lender with 918 SBA 7(a) loans totaling $229M and 52 SBA 504 loans worth $58M in FY2023.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (33 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
KeyBank ranks #96 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of KeyBank’s 7(a) acquisition lending falls in the $500K-$1M range: 11 loans, 33.3% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 8 | 24.2% | |
| $500K-$1M | 11 | 33.3% | |
| $1M-$2M | 5 | 15.2% | |
| $2M-$3M | 5 | 15.2% | |
| $3M-$4M | 1 | 3.0% | |
| $4M-$5M | 3 | 9.1% |
Industries with highest loan volume
Full-Service Restaurants
4
loans
$1.3M
avg. amount
General Automotive Repair
3
loans
$642K
avg. amount
Limited-Service Restaurants
2
loans
$725K
avg. amount
Recreational Vehicle Dealers
2
loans
$1.2M
avg. amount
Barber Shops
2
loans
$560K
avg. amount
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
1
loans
$2.8M
avg. amount
Masonry Contractors
1
loans
$2.6M
avg. amount
Other Accounting Services
1
loans
$200K
avg. amount
Offices of Dentists
1
loans
$474K
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
1
loans
$855K
avg. amount
10-Year
1.9%
Percentile Ranking
88th
88th percentile
KeyBank’s median variable rate is + 2.00%, against a market median of Prime + 1.88%, 13 above market.
It priced below the market median in 2 of the last 8 quarters. 1 of the 33 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.22% |
| $500K-$1M | Prime + 2.14% |
| $1M-$2M | Prime + 1.81% |
| $2M-$3M | Prime + 2.15% |
| $3M-$4M | Prime + 2.00% |
| $4M-$5M | Prime + 2.00% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q3 '20 | Prime + 2.25% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 6 |
| Q4 '20 | Prime + 2.13% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 4 |
| Q2 '22 | Prime + 1.75% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 4 |
| Q1 '24 | Prime + 2.00% | Prime + 2.00% | Prime + 1.48% – Prime + 2.50% | 3 |
| Q2 '24 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 6 |
| Q4 '24 | Prime + 2.50% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 3 |
| Q2 '25 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q1 '26 | Prime + 2.00% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
KeyBank has originated 7(a) acquisition loans in 11 states, most actively in Ohio (11), Washington (10) and Minnesota (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Ohio | 11 | 33.3% |
| Washington | 10 | 30.3% |
| Minnesota | 2 | 6.1% |
| New Hampshire | 2 | 6.1% |
| Oregon | 2 | 6.1% |
| Vermont | 1 | 3.0% |
| Connecticut | 1 | 3.0% |
| Colorado | 1 | 3.0% |
| Pennsylvania | 1 | 3.0% |
| New York | 1 | 3.0% |
| Indiana | 1 | 3.0% |
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