Lender record
Platinum Bank
The real lending record — every figure from funded deals. HQ: 7667 10th St N, Oakdale, MN. 2 branches.
360
Recent deals (FY20+)
$500K
Typical deal
14 days
Approval → funding
1.2%
Failure rate (FY20–23)
Lender record
The real lending record — every figure from funded deals. HQ: 7667 10th St N, Oakdale, MN. 2 branches.
360
Recent deals (FY20+)
$500K
Typical deal
14 days
Approval → funding
1.2%
Failure rate (FY20–23)
Most Platinum Bank deals land between $250K and $1.0M — that range covers half of everything they fund. Top industries and states:
Industries they fund most
Most active states
Franchises they finance most
Total assets
$708.0M
▲ 2.1% vs prior quarter
Deposits on hand
$569.9M
▲ 2.2% vs prior quarter
Loans outstanding
$631.9M
▲ 3.8% vs prior quarter
Net income (latest qtr)
$2.3M
FDIC call-report data, quarter ending 03/2026.
Free · No obligation · Usually same-day
Get in touch with Platinum Bank
Tell us where to reach you and we'll arrange the introduction — to Platinum Bank or a comparable SBA specialist who fits your deal even better.
Platinum BankMain office7667 10th St NOakdale, MN 55128 · since 2007
Plymouth Branch605 Highway 169 NPlymouth, MN 55441 · since 2017
Branch data: FDIC BankFind.
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
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Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.
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2 of Platinum Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.
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256 businesses on record — the 60 largest by funding. Each links to its full SBA record.
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Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.
DealRoom analysis of public lending records, FY2020–present. Not affiliated with Platinum Bank.
Platinum Bank is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
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Platinum Bank is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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Burn Boot Camp Fitness
3 deals
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
If you were the buyer here
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal
Your business? Claim this record · Request removal