Drake Bank
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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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (7 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Drake Bank ranks #330 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Drake Bank’s 7(a) acquisition lending falls in the $0-$500K range: 4 loans, 57.1% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 4 | 57.1% | |
| $500K-$1M | 3 | 42.9% |
Industries with highest loan volume
Landscaping Services
1
loans
$820K
avg. amount
Home Health Care Services
1
loans
$150K
avg. amount
Sporting Goods Retailers
1
loans
$358K
avg. amount
Offices of All Other Miscellaneous Health Practitioners
1
loans
$227K
avg. amount
Private Mail Centers
1
loans
$375K
avg. amount
Engineering Services
1
loans
$750K
avg. amount
All Other Personal Services
1
loans
$914K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Drake Bank’s median variable rate is + 2.00%, against a market median of Prime + 1.88%, 13 above market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.06% |
| $500K-$1M | Prime + 2.08% |
Drake Bank has originated 7(a) acquisition loans in 1 states, most actively in Minnesota (7). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Minnesota | 7 | 100.0% |
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