Elevate Bank National Association
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.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Elevate Bank National Association unless otherwise indicated.
No Reviews Yet
Be the first to share your experience! Reviews help other buyers make informed decisions.
Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (6 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Elevate Bank National Association ranks #330 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Elevate Bank National Association’s 7(a) acquisition lending falls in the $0-$500K range: 5 loans, 83.3% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 5 | 83.3% | |
| $500K-$1M | 1 | 16.7% |
Industries with highest loan volume
Limited-Service Restaurants
2
loans
$397K
avg. amount
Full-Service Restaurants
1
loans
$225K
avg. amount
Other Accounting Services
1
loans
$195K
avg. amount
Paint and Coating Manufacturing
1
loans
$882K
avg. amount
Janitorial Services
1
loans
$191K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
Elevate Bank National Association’s median variable rate is + 2.75%, against a market median of Prime + 1.88%, 88 above market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.75% |
| $500K-$1M | Prime + 2.00% |
Elevate Bank National Association has originated 7(a) acquisition loans in 3 states, most actively in Missouri (2), Illinois (2) and Kansas (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Missouri | 2 | 33.3% |
| Illinois | 2 | 33.3% |
| Kansas | 2 | 33.3% |
Claim this profile to manage your information, respond to reviews, and access analytics.