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A boutique banking experience providing a tailored approach to unique financial goals. Originally founded in 1874 as First National Bank of Sedan, rebranded to Elevate Bank in 2023.
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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
$260K
Average
$304K
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
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)