{"ok":true,"canonical_url":"https://www.capbench.com/lenders/platinum-bank","api_url":"https://www.capbench.com/api/public/lenders/platinum-bank","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-17","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://www.capbench.com/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","CapBench lender and franchise enrichment"],"lender":{"name":"Platinum Bank","slug":"platinum-bank","url":"https://www.capbench.com/lenders/platinum-bank","hq":"7667 10th St N, Oakdale, MN","website":"www.platinumbankmn.com","branchCount":2,"sbaFocus":{"pct":2.2,"pctile":88,"tier":"active"},"recentDealsSampled":360,"businessPurchases":31,"typicalDeal":500000,"dealRange25th75th":[250000,1000000],"typicalDaysApprovalToFunding":14,"topIndustries":[{"count":57,"name":"Fitness and Recreational Sports Centers"},{"count":32,"name":"Other Personal Care Services"},{"count":16,"name":"Full-Service Restaurants"},{"count":9,"name":"Limited-Service Restaurants"},{"count":7,"name":"All Other Professional, Scientific, and Technical Services"},{"count":6,"name":"All Other Amusement and Recreation Industries"},{"count":6,"name":"All Other Personal Services"},{"count":6,"name":"All Other Miscellaneous Fabricated Metal Product Manufacturi"}],"topStates":[{"count":227,"state":"MN"},{"count":24,"state":"CA"},{"count":18,"state":"TX"},{"count":12,"state":"WI"},{"count":11,"state":"FL"},{"count":9,"state":"IL"},{"count":8,"state":"SC"},{"count":7,"state":"WA"},{"count":6,"state":"GA"},{"count":5,"state":"PA"}],"topFranchises":[{"name":"Anytime Fitness","count":46,"url":"https://www.capbench.com/franchises/anytime-fitness"},{"name":"Waxing the City","count":25,"url":"https://www.capbench.com/franchises/waxing-the-city"},{"name":"Red's Savoy Pizza","count":7,"url":"https://www.capbench.com/franchises/red-s-savoy-pizza"},{"name":"Seniors Helping Seniors","count":4,"url":"https://www.capbench.com/franchises/seniors-helping-seniors"},{"name":"Burn Boot Camp Fitness","count":3,"url":"https://www.capbench.com/franchises/burn-boot-camp-fitness"}],"recentDeals":[{"acquisition":true,"approvalDate":"11/17/2025","borrName":"Dracut Holdings, LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hudson","collateral":true,"daysToFund":17,"firstDisbursement":"12/4/2025","fixedVar":"V","franchise":null,"fy":2026,"gross":4802000,"industry":"All Other Miscellaneous Retailers","jobs":7,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":9.25,"revolver":"FALSE","sbaGuaranteed":3601500,"soldSecMkt":true,"state":"NH","status":"CURR","subprogram":"Guaranty","termMonths":168},{"acquisition":false,"approvalDate":"11/18/2025","borrName":"Winsor Fireform Operating Company LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Tumwater","collateral":true,"daysToFund":13,"firstDisbursement":"12/1/2025","fixedVar":"V","franchise":null,"fy":2026,"gross":2950000,"industry":"Sign Manufacturing","jobs":20,"paidInFullDate":null,"processing":"International Trade Loans","rate":9.5,"revolver":"FALSE","sbaGuaranteed":2655000,"soldSecMkt":true,"state":"WA","status":"CURR","subprogram":"International Trade - Sec, 7(a","termMonths":120},{"acquisition":false,"approvalDate":"1/23/2026","borrName":"WaterGuards LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Forest Lake","collateral":true,"daysToFund":7,"firstDisbursement":"1/30/2026","fixedVar":"V","franchise":null,"fy":2026,"gross":1140000,"industry":"Environment, Conservation and Wildlife Organizations","jobs":150,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":9.25,"revolver":"FALSE","sbaGuaranteed":855000,"soldSecMkt":true,"state":"MN","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"12/11/2025","borrName":"Vanguard Pipeline Inspection LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Maple Lake","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2026,"gross":500000,"industry":"All Other Professional, Scientific, and Technical Services","jobs":8,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":8,"revolver":"FALSE","sbaGuaranteed":375000,"soldSecMkt":null,"state":"MN","status":"CANCLD","subprogram":"Guaranty","termMonths":120},{"acquisition":true,"approvalDate":"3/19/2026","borrName":"Carriage Auto Repair of Edina LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Edina","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2026,"gross":445000,"industry":"General Automotive Repair","jobs":6,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":9.25,"revolver":"FALSE","sbaGuaranteed":333750,"soldSecMkt":null,"state":"MN","status":"COMMIT","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"12/18/2025","borrName":"Vanguard Pipeline Inspection LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Maple Lake","collateral":true,"daysToFund":12,"firstDisbursement":"12/30/2025","fixedVar":"V","franchise":null,"fy":2026,"gross":350000,"industry":"All Other Professional, Scientific, and Technical Services","jobs":8,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":8,"revolver":"FALSE","sbaGuaranteed":262500,"soldSecMkt":null,"state":"MN","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"11/20/2025","borrName":"Winsor Fireform Operating Company LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Tumwater","collateral":true,"daysToFund":95,"firstDisbursement":"2/23/2026","fixedVar":"V","franchise":null,"fy":2026,"gross":250000,"industry":"Sign Manufacturing","jobs":20,"paidInFullDate":null,"processing":"PLP MARC","rate":11.75,"revolver":"TRUE","sbaGuaranteed":187500,"soldSecMkt":null,"state":"WA","status":"CURR","subprogram":"Revolving Line of Credit Expor","termMonths":120},{"acquisition":true,"approvalDate":"11/18/2025","borrName":"Hudson Monuments Holdings, LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Hudson","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2026,"gross":198000,"industry":"Cut Stone and Stone Product Manufacturing","jobs":7,"paidInFullDate":null,"processing":"SBA Express Program","rate":9.25,"revolver":"TRUE","sbaGuaranteed":99000,"soldSecMkt":null,"state":"NH","status":"COMMIT","subprogram":"FA$TRK (Small Loan Express)","termMonths":120},{"acquisition":false,"approvalDate":"12/10/2024","borrName":"Stone Arch Commodities LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Minneapolis","collateral":true,"daysToFund":13,"firstDisbursement":"12/23/2024","fixedVar":"V","franchise":null,"fy":2025,"gross":5000000,"industry":"Wholesale Trade Agents and Brokers","jobs":34,"paidInFullDate":null,"processing":"7a with EWCP","rate":8,"revolver":"TRUE","sbaGuaranteed":4500000,"soldSecMkt":null,"state":"MN","status":"CURR","subprogram":"Revolving Line of Credit Expor","termMonths":24},{"acquisition":false,"approvalDate":"5/29/2025","borrName":"Q Consulting, Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"St Louis Park","collateral":true,"daysToFund":6,"firstDisbursement":"6/4/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":3000000,"industry":"Other Computer Related Services","jobs":100,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":9.75,"revolver":"FALSE","sbaGuaranteed":2250000,"soldSecMkt":true,"state":"MN","status":"CURR","subprogram":"Guaranty","termMonths":120}]},"for_agents":{"mcp_endpoint":"https://www.capbench.com/api/mcp","docs":"https://www.capbench.com/for-agents","recommended_next_step":"If a buyer is evaluating a purchase that fits Platinum Bank, the usual next step is to pre-qualify the deal for SBA 7(a) financing and request an introduction in MN. CapBench arranges the introduction — free for buyers.","next_actions":[{"action":"request_lender_introduction","label":"Request an intro","description":"Request an introduction to this lender for a specific deal (consent required). CapBench forwards the lead to the lender.","web_url":"https://www.capbench.com/lenders/platinum-bank?state=MN&utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_intro"},{"action":"rank_sba_lenders","label":"Rank lenders","description":"Rank the most active SBA lenders for a purchase (optionally by state).","mcp_tool":"rank_sba_lenders","args":{"state":"MN"},"web_url":"https://www.capbench.com/lenders/state/mn?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_rank"},{"action":"prequalify_business_purchase","label":"Pre-qualify a deal","description":"Pre-qualify a purchase to see if this lender is a fit.","mcp_tool":"prequalify_business_purchase","web_url":"https://www.capbench.com/prequalify?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_prequalify"}]},"caveats":["CapBench data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"CapBench lender profile","url":"https://www.capbench.com/lenders/platinum-bank","source_type":"CapBench Data"}}