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SBA lender profile

Paradise Bank

Paradise Bank appears in the public SBA loan data with 411 funded 7(a) loans since FY2010, totaling $598.7M, an average of $1.5M per loan, and an estimated 8,405 jobs supported. Its SBA lending concentrates in Florida and the Other Services sector. Across its 7(a) loans, the charge-off rate is 1.9%. 87.1% of its 7(a) loans were processed under delegated PLP authority.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 79
Scale 86
Activity 90
Consistency 82

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
411
Since FY2010
Total volume
$598.7M
Average loan size
$1.5M
7(a) charge-off rate
1.9%
Share of 7(a) loans charged off
Jobs supported (reported)
8,405
Programs
7(a)

Is Paradise Bank the right lender for you?

Lenders fund what they know. Paradise Bank's SBA lending concentrates in Florida (397 loans) and Other Services (85 loans), at an average loan of $1.5M. If your business does not look like that, a different SBA lender is likely the better fit.

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Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.

Bank profile

via FDIC
Total assets
$445M
Headquarters
Boca Raton, FL
FDIC cert
#58030
Status
Active

Where Paradise Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Florida 397 $570.0M
Pennsylvania 5 $8.4M
Kentucky 1 $5.0M
North Carolina 1 $5.0M
Louisiana 1 $3.6M
Arizona 1 $3.0M

Metro areas where Paradise Bank funds

What Paradise Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Other Services 85 $139.4M
Accommodation and Food Services 57 $92.5M
Retail Trade 51 $84.6M
Manufacturing 28 $44.1M
Health Care and Social Assistance 33 $43.8M
Arts, Entertainment, Recreation 23 $34.9M

Paradise Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
201111$32.3M
201211$17.7M
201326$39.4M
201420$22.5M
201512$18.9M
201626$26.5M
201723$29.9M
201824$25.0M
201924$36.6M
202028$38.1M
202170$114.7M
202237$49.7M
202326$30.5M
202434$62.7M
202525$37.7M
202614$16.5M

Related SBA lenders

Other lenders active in Florida or in Other Services.

Comparing lenders? See how to choose an SBA lender by track record.

Paradise Bank: frequently asked questions

Does Paradise Bank offer SBA loans?

Yes. Paradise Bank appears in the public SBA data with 411 funded SBA 7(a) loans totaling $598.7M.

How many SBA loans has Paradise Bank made?

Paradise Bank is associated with 411 SBA 7(a) loans totaling $598.7M in the public SBA data (as of 2026-03-31).

What is Paradise Bank's SBA charge-off rate?

About 1.9% of Paradise Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Paradise Bank do most of its SBA lending?

Paradise Bank's SBA lending in the data is most concentrated in Florida, and by industry in Other Services.

Is Paradise Bank an SBA Preferred Lender (PLP)?

The loan record shows Paradise Bank operating under PLP delegated authority: 358 of its 7(a) loans (87.1%) were processed through the Preferred Lenders Program, including 71 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Paradise Bank

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Paradise Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Paradise Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/paradise-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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