GOOD
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
101
2010–2025
Total Volume
$120M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
101 total segments
Parke Bank has a strong focus on 7(a) loans, with 96 out of 101 deals in this category, indicating they primarily serve borrowers looking for working capital or business expansion rather than real estate financing.
With an average 7(a) spread of P+2.58%, Parke Bank offers competitive pricing compared to the national median of P+2.75%, making it an attractive option for borrowers seeking lower financing costs.
The lender has shown a positive growth trend, increasing their SBA deal count by 14% year-over-year, which suggests they are actively expanding their lending capacity and may be more open to new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 5 504 loans, which use fixed SBA debenture rates.
States where Parke Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Food & Beverage Stores
Retail Trade
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Social Assistance
Health Care & Social Assistance
Hotels & Accommodation
Accommodation & Food Services
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for Parke Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| New Jersey · Food & Beverage Stores · $500K – $1M | 7(a) | 6 | P+2.50% | $652K | Q4 2018 |
| New Jersey · Food & Beverage Stores · $150K – $350K | 7(a) | 4 | P+2.38% | $234K | Q1 2018 |
| Pennsylvania · Retail Trade · $1M – $2M | 7(a) | 3 | P+2.75% | $1.6M | Q4 2010 |
| Pennsylvania · Wholesale Trade · $500K – $1M | 7(a) | 3 | P+2.75% | $626K | Q1 2014 |
| Pennsylvania · Miscellaneous Retail · $1M – $2M | 7(a) | 3 | P+2.75% | $1.8M | Q4 2010 |
| Pennsylvania · Manufacturing · $2M – $5M | 7(a) | 3 | P+2.75% | $2.9M | Q4 2011 |
| New Jersey · Food & Beverage Stores · Under $150K | 7(a) | 2 | P+2.50% | $148K | Q1 2018 |
| New Jersey · Restaurants & Food Service · $500K – $1M | 7(a) | 2 | P+2.75% | $735K | Q3 2012 |
| New Jersey · Food & Beverage Stores · $1M – $2M | 7(a) | 2 | P+2.63% | $1.4M | Q2 2017 |
| Pennsylvania · Manufacturing · $1M – $2M | 7(a) | 2 | P+2.75% | $1.6M | Q4 2010 |
| Pennsylvania · Manufacturing · $500K – $1M | 7(a) | 2 | P+2.63% | $868K | Q2 2017 |
| Delaware · Restaurants & Food Service · $2M – $5M | 7(a) | 2 | P+2.38% | $2.6M | Q3 2013 |
| Pennsylvania · Management & IT Consulting · $500K – $1M | 7(a) | 2 | P+2.75% | $688K | Q4 2010 |
| Pennsylvania · Specialty Trade Contractors · $500K – $1M | 7(a) | 2 | P+2.50% | $752K | Q1 2021 |
| Pennsylvania · Social Assistance · $500K – $1M | 7(a) | 2 | P+2.75% | $955K | Q3 2012 |
| New Jersey · Building Construction · $150K – $350K | 7(a) | 1 | P+2.50% | $350K | Q3 2021 |
| New Jersey · Building Construction · $350K – $500K | 7(a) | 1 | P+2.25% | $426K | Q4 2021 |
| New Jersey · Food & Beverage Stores · $2M – $5M | 7(a) | 1 | P+1.50% | $2.6M | Q1 2019 |
| New Jersey · Gas Stations · $1M – $2M | 7(a) | 1 | P+2.75% | $1.0M | Q4 2010 |
| New Jersey · Physician & Dental Offices · $350K – $500K | 7(a) | 1 | P+2.25% | $477K | Q1 2021 |
| New Jersey · Other Health Practitioners · $150K – $350K | 7(a) | 1 | P+2.75% | $335K | Q3 2017 |
| New Jersey · Social Assistance · $150K – $350K | 7(a) | 1 | P+2.00% | $213K | Q2 2019 |
| New Jersey · Social Assistance · $2M – $5M | 7(a) | 1 | P+1.75% | $2.8M | Q4 2016 |
| New Jersey · Hotels & Accommodation · $1M – $2M | 7(a) | 1 | P+2.75% | $1.8M | Q3 2013 |
| New Jersey · Hotels & Accommodation · $2M – $5M | 7(a) | 1 | P+2.00% | $2.6M | Q3 2017 |
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