Where is Elevate Bank National Association located?

Elevate Bank National Association is located at 101 W Main St SEDAN, KS 67361.

Elevate Bank National Association

About

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.

1874

Founded

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

2

Last 3 Years

4

YoY Growth

+0.0%

low activity

Loan Size Distribution

As Of June 30, 2025

Median

$260K

Average

$304K

Top Industries Served

Industries with highest loan volume

1

NAICS

loans

N/A

avg. amount

1

NAICS

Loans

Avg. Amount

N/A

2

NAICS

loans

N/A

avg. amount

2

NAICS

Loans

Avg. Amount

N/A

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 2.88%

Typical Range:Prime + 2.75% - 3.00%

Min / Max:Prime + 2.75% / 3.25%

Market Comparison

This Lender

Prime + 2.88%

Market Average

Prime + 1.25%

162 bps above market

Default Rate & Risk Profile

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

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High