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Luminate Bank is an FDIC-insured financial institution headquartered in Minneapolis, Minnesota, offering high-yield savings, flexible mortgage loans, Non-QM options, and business banking solutions nationwide. Originally founded in 1937, the bank rebranded to Luminate Bank in 2022 and expanded beyond home loans to offer full-service banking with personalized customer service.
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SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of December 31, 2025
Median
$326K
Average
$326K
Sweet Spot
$0-$500K
Industries with highest loan volume
Car Washes
1
loans
$326K
avg. amount
Car Washes
Loans
1
Avg. Amount
$326K
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.00% |
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)