Lexicon Bank approved 33 SBA loans worth $25.5M between October 2021 and June 2026, ranking #692 of 2,283 SBA lenders nationally by loan count. Its median loan was $400,000, and 64% went to startups or businesses under two years old. It lent in 10 states, most often in Nevada, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Nevada | 12 | $3.6M | $200,000 | #40 |
| Idaho | 10 | $13.7M | $639,000 | #43 |
| Texas | 3 | $4.6M | $434,000 | #311 |
| Florida | 2 | $796K | $398,000 | #236 |
| Arizona | 1 | $548K | $548,000 | #206 |
| Alaska | 1 | $1.3M | $1,253,000 | #51 |
| Georgia | 1 | $244K | $244,000 | #265 |
| California | 1 | $160K | $160,000 | #303 |
| Pennsylvania | 1 | $100K | $100,000 | #225 |
| Utah | 1 | $535K | $535,000 | #163 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 8 | $625,000 | |
| Restaurants and hotels | 7 | $535,000 | |
| Retail | 5 | $400,000 | |
| Other services (repair, personal care) | 3 | $200,000 | |
| Arts, entertainment and recreation | 3 | $448,000 | |
| Construction | 3 | $300,000 | |
| Administrative and support services | 2 | $221,500 | |
| Finance and insurance | 1 | $400,000 | |
| Information and media | 1 | $653,000 |