358
Loans Approved
$300.8M
Total Volume
$840K
Avg Loan Size
28
States Served
States Served
Top Industries Financed
- Fitness and Recreational Sports Centers
- Other Personal Care Services
- Full-Service Restaurants
- Limited-Service Restaurants
- All Other Professional, Scientific, and Technical Services
About Platinum Bank
Platinum Bank is an SBA-approved lender headquartered in OAKDALE, Minnesota. Since 2020, they have approved 358 SBA 7(a) loans totaling $300.8M, with an average loan size of $840K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 28 states.
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