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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 December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of December 31, 2025
Median
$295K
Average
$419K
Sweet Spot
$0-$500K
Industries with highest loan volume
Limited-Service Restaurants
2
loans
$397K
avg. amount
Limited-Service Restaurants
Loans
2
Avg. Amount
$397K
Other Accounting Services
1
loans
$195K
avg. amount
Other Accounting Services
Loans
1
Avg. Amount
$195K
Paint and Coating Manufacturing
1
loans
$882K
avg. amount
Paint and Coating Manufacturing
Loans
1
Avg. Amount
$882K
Full-Service Restaurants
1
loans
$225K
avg. amount
Full-Service Restaurants
Loans
1
Avg. Amount
$225K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.75% |
| $500K-$1M | Prime + 2.00% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)