Evolve Bank and Trust
Evolve Bank and Trust is a tech-driven financial services firm founded in 1925, serving as a top BaaS provider offering cutting-edge banking solutions for businesses, fintechs, and individuals across 8 branches.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (54 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Evolve Bank and Trust ranks #49 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Evolve Bank and Trust’s 7(a) acquisition lending falls in the $0-$500K range: 17 loans, 31.5% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 17 | 31.5% | |
| $500K-$1M | 16 | 29.6% | |
| $1M-$2M | 13 | 24.1% | |
| $2M-$3M | 3 | 5.6% | |
| $3M-$4M | 2 | 3.7% | |
| $4M-$5M | 3 | 5.6% |
Industries with highest loan volume
Assisted Living Facilities for the Elderly
6
loans
$1.7M
avg. amount
General Automotive Repair
3
loans
$1.3M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
3
loans
$1.1M
avg. amount
Landscaping Services
2
loans
$1.9M
avg. amount
Full-Service Restaurants
2
loans
$619K
avg. amount
Home Health Care Services
2
loans
$1.4M
avg. amount
Janitorial Services
2
loans
$406K
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
2
loans
$2.2M
avg. amount
Other Management Consulting Services
1
loans
$3.8M
avg. amount
Painting and Wall Covering Contractors
1
loans
$1.4M
avg. amount
10-Year
1.0%
Percentile Ranking
84th
84th percentile
Evolve Bank and Trust’s median variable rate is + 2.75%, against a market median of Prime + 1.88%, 88 above market.
It priced below the market median in 2 of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.75% |
| $500K-$1M | Prime + 2.61% |
| $1M-$2M | Prime + 2.42% |
| $2M-$3M | Prime + 2.08% |
| $3M-$4M | Prime + 2.75% |
| $4M-$5M | Prime + 2.50% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q2 '22 | Prime + 2.75% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q1 '23 | Prime + 2.75% | Prime + 1.75% | Prime + 1.25% – Prime + 2.25% | 5 |
| Q4 '23 | Prime + 2.75% | Prime + 2.00% | Prime + 1.42% – Prime + 2.50% | 6 |
| Q4 '24 | Prime + 2.75% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 7 |
| Q2 '25 | Prime + 2.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
| Q3 '25 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 5 |
| Q4 '25 | Prime + 2.00% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 3 |
| Q1 '26 | Prime + 2.25% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 5 |
Evolve Bank and Trust has originated 7(a) acquisition loans in 15 states, most actively in Arizona (18), Washington (11) and California (8). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Arizona | 18 | 33.3% |
| Washington | 11 | 20.4% |
| California | 8 | 14.8% |
| Colorado | 3 | 5.6% |
| Texas | 2 | 3.7% |
| Pennsylvania | 2 | 3.7% |
| North Carolina | 2 | 3.7% |
| Arkansas | 1 | 1.9% |
| Virginia | 1 | 1.9% |
| Utah | 1 | 1.9% |
| Florida | 1 | 1.9% |
| Missouri | 1 | 1.9% |
| New York | 1 | 1.9% |
| Ohio | 1 | 1.9% |
| Georgia | 1 | 1.9% |
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