STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
117
2010–2025
Total Volume
$66M
Gross loan amounts
States Active
5
With recorded loans
Programs
7(a) & 504
117 total segments
Park State Bank has a notable 21% share of 504 loans, which is higher than the national average of 18%. This indicates a solid capability in real estate financing, making them a good option for borrowers looking to purchase property or expand existing real estate holdings.
The average spread for 7(a) loans at Park State Bank is P+2.20%, which is more favorable compared to the national median of P+2.75%. This could mean lower overall costs for borrowers seeking 7(a) financing.
Park State Bank's growth trend shows a decline of 50% year-over-year in SBA deals, dropping from 8 deals in the previous year to just 4 in the last four quarters. This trend may indicate a tightening in lending capacity or focus, which could affect approval chances for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 24 504 loans, which use fixed SBA debenture rates.
States where Park State Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Real Estate
Real Estate
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Heavy & Civil Engineering
Construction
Transportation & Warehousing
Transportation & Warehousing
+ 7 more
All recorded SBA lending activity for Park State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+2.13% | $77K | Q2 2021 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 5 | P+2.75% | $86K | Q2 2016 |
| Minnesota · Hotels & Accommodation · $150K – $350K | 7(a) | 5 | P+2.75% | $207K | Q3 2020 |
| Minnesota · Manufacturing · $1M – $2M | 7(a) | 3 | P+2.25% | $1.4M | Q4 2017 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 3 | P+1.25% | $61K | Q2 2021 |
| Minnesota · Hotels & Accommodation · Under $150K | 7(a) | 3 | P+3.75% | $50K | Q4 2010 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 504 | 3 | — | $692K | Q1 2021 |
| Minnesota · Real Estate · Under $150K | 7(a) | 3 | P+3.75% | $125K | Q2 2019 |
| Minnesota · Real Estate · $150K – $350K | 7(a) | 3 | P+3.75% | $247K | Q4 2015 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 3 | P+1.25% | $46K | Q2 2022 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+2.75% | $213K | Q2 2020 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 2 | P+1.00% | $260K | Q4 2024 |
| Minnesota · Agriculture & Forestry · Under $150K | 7(a) | 2 | P+3.00% | $58K | Q3 2017 |
| Minnesota · Manufacturing · $350K – $500K | 7(a) | 2 | P+2.50% | $409K | Q2 2011 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+2.50% | $44K | Q2 2020 |
| Minnesota · Hotels & Accommodation · Under $150K | 504 | 2 | — | $133K | Q2 2020 |
| Minnesota · Hotels & Accommodation · $350K – $500K | 504 | 2 | — | $394K | Q3 2022 |
| Minnesota · Hotels & Accommodation · $500K – $1M | 7(a) | 2 | P+2.75% | $583K | Q2 2010 |
| Minnesota · Manufacturing · $2M – $5M | 7(a) | 2 | P+0.13% | $5.0M | Q3 2024 |
| Minnesota · Nursing & Residential Care · Under $150K | 7(a) | 1 | P+2.75% | $100K | Q4 2010 |
| Minnesota · Hotels & Accommodation · $350K – $500K | 7(a) | 1 | P+1.75% | $418K | Q4 2010 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 7(a) | 1 | P+0.50% | $866K | Q3 2022 |
| Minnesota · Auto Repair & Maintenance · $150K – $350K | 7(a) | 1 | P+2.75% | $160K | Q1 2010 |
| Minnesota · Other Repair & Services · Under $150K | 7(a) | 1 | P+2.75% | $135K | Q4 2009 |
| Minnesota · Other Repair & Services · $150K – $350K | 7(a) | 1 | P+0.75% | $300K | Q4 2019 |
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