Lexington Park sits in St. Mary's County, with Calvert County also counted: Calvert has 138 loans and St. Mary's 93. SBA approved 231 loans across FY2017 to FY2026, $113.2 million gross, rank 287 of 928; 216 are 7(a) and 15 are 504. Lexington Park loans center on $150,000. Lexington Park sits at 0.72x of the national figure. Lexington Park: half of loans span $50,000 to $389,500. Brands hold 10.8% of the count.

Child care among the leaders

By class, full-service restaurant leads with 15 loans, automotive mechanical repair has 12, limited-service restaurant 10, and fitness center and child care center 8 each; 158 loans sit outside the classes. Lexington Park child care work should test how many children the license allows, staffing ratios and how slowly enrollment ramps. Count rose from 17 loans and $2.3 million in FY2017 to 30 loans and $14.3 million in FY2026, with a low of 14 loans and $3.2 million in FY2020 and a high of 31 loans and $18.8 million in FY2024, so its count has climbed.

Who holds the Lexington Park loans

In Lexington Park the largest 7(a) holder is Manufacturers and Traders Trust Company, 68 loans and $7.0 million; Northeast Bank (ME) follows at 17 loans and $2.8 million, then The Huntington National Bank at 9 loans and $7.6 million. Business Finance Group, Inc. holds 10 loans and $7.9 million on 504. Lexington Park holders are in SBA's records. Lexington Park: each name holds or held loans. Lexington Park counts describe volume, not lender practice, and Lexington Park counts state no requirement.

Lexington Park floors and the study

In Lexington Park, cancellations ran at least 10.5%. That covers Lexington Park approvals FY2017 to FY2024. Lexington Park reaches 14.6% with undisbursed loans included. Lexington Park reports no charge-off rate. Too few Lexington Park loans back one; Lexington Park is not a zero. Lexington Park floors rise if open Lexington Park loans go bad. Lexington Park counts by county. Lexington Park's members follow the July 2023 delineation. Lexington Park matches counties by name, Lexington Park drops those that fail to place, and Lexington Park keeps approvals outside named classes. Lexington Park work should settle the site's county first, then test demand, cost and debt service against St. Mary's and Calvert County sales. Loan Analytics prepares Lexington Park studies. Daniel Smith, MAI, signs each Lexington Park study.

SBA loans in the Lexington Park, MD Metro Area

Loans approved, FY2017 to FY2026	231
Gross dollars approved	$113.2 million
Median loan	$150,000
Middle half of loans, from	$50,000
Middle half of loans, to	$389,500
SBA 7(a) loans	216
SBA 504 loans	15
Franchise share of loans	10.8%
Rank among metro and micro areas by loans	287 of 928
Median loan against the national median	0.72x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	10.5%
The same, counting loans still undisbursed as cancelled (a ceiling)	14.6%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

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.

SBA loans approved in the Lexington Park, MD Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	17	$2.3 million
FY2018	27	$7.9 million
FY2019	22	$5.3 million
FY2020	14	$3.2 million
FY2021	22	$17.9 million
FY2022	17	$12.5 million
FY2023	21	$10.5 million
FY2024	31	$18.8 million
FY2025	30	$20.5 million
FY2026	30	$14.3 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	158
Full-service restaurant	15
Automotive mechanical repair (car and truck)	12
Limited-service restaurant	10
Fitness center	8
Child care center	8
Hotel and motel	5

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

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Business Finance Group, Inc.	10	$7.9 million

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Manufacturers and Traders Trust Company	68	$7.0 million
Northeast Bank (ME)	17	$2.8 million
The Huntington National Bank	9	$7.6 million
Live Oak Banking Company	8	$14.3 million
Shore United Bank, National Association	8	$4.0 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Calvert County, MD	138
St. Mary's County, MD	93

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

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; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-30500.

Related feasibility study pages

Worked examples

Worked Example: SBA 504 Express Car Wash Feasibility Study in Maryland

Worked example. The project is a new express exterior tunnel car wash in Frederick County, Maryland.

State: Maryland · Asset: Car wash · Program: SBA 504

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Lexington Park, MD Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Lexington Park, MD Metro Area