Drake Bank
Headquartered in SAINT PAUL, MN. Analysis based on 54 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $32.9M.
Total 7(a) loans
54
Total approved
$32.9M
Average loan
$610K
States funded in
1
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
16.67%
Average rate
9.30%
Average term
120 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 541330 | Engineering Services | 3 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 2 |
| 541513 | Computer Facilities Management Services | 2 |
| 541511 | Custom Computer Programming Services | 2 |
| 423850 | Service Establishment Equipment and Supplies Merchant Wholesalers | 2 |
| 561730 | Landscaping Services | 2 |
| 812990 | All Other Personal Services | 2 |
| 812199 | Other Personal Care Services | 2 |
| 713990 | All Other Amusement and Recreation Industries | 2 |
| 621330 | Offices of Mental Health Practitioners (except Physicians) | 2 |
Top 10 states
| State | Loans |
|---|---|
| MN | 54 |
Top franchise brands financed
6 franchise loans across 5 distinct brands.
| Franchise | Loans |
|---|---|
| Nautical Bowls | 2 |
| Casa De Corazon | 1 |
| F45 Training | 1 |
| The UPS Store (f/k/a Mail Box | 1 |
| StarCycle | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.