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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.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$375K
Average
$513K
Sweet Spot
$0-$500K
Industries with highest loan volume
Landscaping Services
1
loans
$820K
avg. amount
Landscaping Services
Loans
1
Avg. Amount
$820K
Home Health Care Services
1
loans
$150K
avg. amount
Home Health Care Services
Loans
1
Avg. Amount
$150K
Sporting Goods Retailers
1
loans
$358K
avg. amount
Sporting Goods Retailers
Loans
1
Avg. Amount
$358K
Engineering Services
1
loans
$750K
avg. amount
Engineering Services
Loans
1
Avg. Amount
$750K
Private Mail Centers
1
loans
$375K
avg. amount
Private Mail Centers
Loans
1
Avg. Amount
$375K
Offices of All Other Miscellaneous Health Practitioners
1
loans
$227K
avg. amount
Offices of All Other Miscellaneous Health Practitioners
Loans
1
Avg. Amount
$227K
All Other Personal Services
1
loans
$914K
avg. amount
All Other Personal Services
Loans
1
Avg. Amount
$914K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.06% |
| $500K-$1M | Prime + 2.08% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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