Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
SBA LenderMinnesotaActiveMid-Market

Drake Bank

SBA lender based in Minnesota serving 2 states and 47 industries

Geographic Reach
2 States
Regional focus
Industry Coverage
47 Industries
Diverse lending portfolio
Lending Activity
Active
Mid-Market focus

Top Lending States

Minnesota#1

Tell us about your deal and we'll match you with the right capital source from our network.

Book a Call

Industry Focus Areas

Looking for SBA Financing?

Tell us about your deal and we'll match you with the right capital source from our network. PeerSense uses proprietary data on lender track records to find the best fit for your industry, location, and loan size.

About Drake Bank SBA Lending

Drake Bank is an SBA lender headquartered in Minnesota. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Drake Bank serves borrowers across 2 states and 47 industry sectors with a regional lending focus. To find out whether Drake Bank is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

Drake Bank Get a Quote

Explore More