Academy Bank approved 40 SBA loans worth $28.8M between October 2021 and June 2026, ranking #633 of 2,283 SBA lenders nationally by loan count. Its median loan was $446,200, and 18% went to startups or businesses under two years old. It lent in 6 states, most often in Colorado, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Colorado | 17 | $10.6M | $442,400 | #69 |
| Kansas | 9 | $6.5M | $500,000 | #56 |
| Missouri | 5 | $1.3M | $150,000 | #132 |
| Arizona | 4 | $1.2M | $251,050 | #111 |
| California | 4 | $4.5M | $800,000 | #224 |
| Texas | 1 | $4.7M | $4,740,000 | #435 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 8 | $233,550 | |
| Restaurants and hotels | 8 | $550,000 | |
| Construction | 6 | $500,000 | |
| Other services (repair, personal care) | 6 | $485,000 | |
| Professional and technical services | 4 | $254,250 | |
| Retail | 4 | $902,500 | |
| Wholesale trade | 2 | $455,000 | |
| Manufacturing | 1 | $350,000 | |
| Finance and insurance | 1 | $1,465,000 |