Bank · Oakdale, MN
Platinum Bank
Made 21 SBA 7(a) change-of-ownership loans totaling $20.3M in FY2024 to FY2026: #147 of 1,054 lenders by loans and #166 by dollars. Lends in 9 states. Part of Platinum Bcorp Inc.
#147by loans, FY24–26
21loans
$20.3Mapproved
$500Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 10 | $8.2M | $486K | 0.2% |
| FY2025 | 7 | $5.8M | $826K | 0.1% |
| FY2026 | 4 | $6.3M | $648K | 0.1% |
Loan size
Deal size mix
19% of its loans were $1M or more.
- Under $350K7 loans · 33% · $1.5M
- $350K to $1M10 loans · 48% · $7.1M
- $1M to $2M0 loans · 0% · $0K
- $2M to $5M4 loans · 19% · $11.8M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Arts, Entertainment & Recreation | 5 | $2.9M |
| Manufacturing | 3 | $3.2M |
| Other Services | 3 | $2.3M |
| Retail Trade | 3 | $7.2M |
| Wholesale Trade | 2 | $2.6M |
| Construction | 2 | $425K |
| Educational Services | 2 | $906K |
| Transportation & Warehousing | 1 | $826K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Minnesota | 10 | $8.3M |
| Pennsylvania | 3 | $3.2M |
| New Hampshire | 2 | $5.0M |
| North Dakota | 1 | $967K |
| Montana | 1 | $472K |
| Oregon | 1 | $297K |
| South Carolina | 1 | $260K |
| Texas | 1 | $945K |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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