Loading...
Drake Bank is an independent, local community bank headquartered in Saint Paul, Minnesota, dedicated to building authentic relationships with clients. The bank provides comprehensive banking services including business loans, personal banking, mortgages, and treasury management to help small businesses and individuals prosper.
Have you worked with Drake Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$750K
Average
$617K
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)