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Lender record

Drake Bank

The real lending record — every figure from funded deals. HQ: 60 Plato Blvd E, Saint Paul, MN. 1 branch.

55

Recent deals (FY20+)

$303K

Typical deal

18 days

Approval → funding

0%

Failure rate (FY20–23)

Where Drake Bank lends

Deals Drake Bank funded — list all 55 as text

Deal profile

Most Drake Bank deals land between $150K and $720K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Engineering Services (3)
  2. 2.Full-Service Restaurants (2)
  3. 3.All Other Personal Services (2)
  4. 4.Child Care Services (2)
  5. 5.All Other Amusement and Recreation Industries (2)
  6. 6.Clothing and Clothing Accessories Retailers (2)
  7. 7.Limited-Service Restaurants (2)
  8. 8.Plumbing, Heating, and Air-Conditioning Contractors (2)

Most active states

  1. 1.Minnesota (55 deals)

Can Drake Bank fund you? The bank behind the loans

Total assets

$259.8M

2% vs prior quarter

Deposits on hand

$224.2M

4% vs prior quarter

Loans outstanding

$189.6M

3.5% vs prior quarter

Net income (latest qtr)

$-2.0M

  • An active SBA program (~0.9% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes Drake Bank more SBA-focused than 78% of the banks on our record.
  • Deposits grew last quarter — more raw lending capacity than the quarter before.
  • Return on assets of -3.04% — well under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a Drake Bank branch (1)

Drake BankMain office60 Plato Blvd ESaint Paul, MN 55107 · since 2002

Branch data: FDIC BankFind.

Recent deals

  • Hope Blaine L.L.C. in Blaine, MN$468K (2026) · Full-Service Restaurants
  • Luxe Event Planning and Decor L.L.C. in Saint Paul, MN$196K (2026) · All Other Personal Services
  • Dreams Balandra LLC in Woodbury, MN$80K (2026) · Child Care Services
  • Networx Broadband Inc in Elk River, MN$2.3M (2025) · Other Computer Related Services
  • Mendota Valley Amusement, Inc in South Saint Paul, MN$2.2M (2025) · All Other Amusement and Recreation Industries
  • Dimation, Inc in Shakopee, MN$1.9M (2025) · Printed Circuit Assembly (Electronic Assembly) Manufacturing
  • Dreams Balandra LLC in Woodbury, MN$1.5M (2025) · Child Care Services
  • HercLeon America L.L.C in Woodbury, MN$1.0M (2025) · Clothing and Clothing Accessories Retailers
  • Painting by Nakasone, Inc. in Saint Paul, MN$720K (2025) · Painting and Wall Covering Contractors
  • CAZTEK, INC. in Saint Paul, MN$500K (2025) · Engineering Services

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses Drake Bank financed

46 businesses on record. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Drake Bank.

Agent summary

This page summarizes Drake Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 55 SBA 7(a) loans on record
  • $303K typical deal
  • 8 business-acquisition loans
  • HQ: 60 Plato Blvd E, Saint Paul, MN
  • 1 FDIC branch location
  • FDIC total assets $259.8M
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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