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Lake Elmo Bank is a community bank chartered in 1911 that operates three full-service locations in Lake Elmo, Stillwater, and Oakdale, serving the East Metro Area. With assets exceeding $535 million, it ranks among Minnesota's larger community banks and is committed to personalized service and long-term customer relationships.
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SBA 7(a) Acquisition Loan Data As Of June 30, 2025
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Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$318K
Average
$2.2M
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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)