SBA lender profile
Paradise Bank
Paradise Bank appears in the public SBA loan data with 234 funded 7(a) loans totaling $349.9M, an average of $1.5M per loan, and an estimated 4,533 jobs supported. Its SBA lending concentrates in Florida and the Other Services sector. Across all of its loans in the data, its charge-off rate is 0.4%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
234
Total volume
$349.9M
Average loan size
$1.5M
Charge-off rate
0.4%
Share of funded loans charged off
Jobs supported (reported)
4,533
Programs
7(a)
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.
What Paradise Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 50 | $83.7M |
| Accommodation and Food Services | 28 | $52.7M |
| Health Care and Social Assistance | 24 | $32.8M |
| Retail Trade | 17 | $26.2M |
| Construction | 20 | $24.9M |
| Manufacturing | 17 | $20.8M |
Paradise Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 28 | $38.1M |
| 2021 | 70 | $114.7M |
| 2022 | 37 | $49.7M |
| 2023 | 26 | $30.5M |
| 2024 | 34 | $62.7M |
| 2025 | 25 | $37.7M |
| 2026 | 14 | $16.5M |
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 funded loans marked charged off across all of its
loans in the data; 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.
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