SBA lender profile
Park State Bank
Park State Bank appears in the public SBA loan data with 23 funded 7(a) loans totaling $18.2M, an average of $793K per loan, and an estimated 192 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
23
Total volume
$18.2M
Average loan size
$793K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
192
Programs
7(a)
Bank profile
via FDIC- Total assets
- $128M
- Headquarters
- Milwaukee, WI
- FDIC cert
- #13673
- Status
- Inactive
Where Park State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 23 | $18.2M |
What Park State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 3 | $10.2M |
| Retail Trade | 3 | $4.8M |
| Accommodation and Food Services | 5 | $1.5M |
| Other Services | 2 | $700K |
| Health Care and Social Assistance | 2 | $325K |
| Construction | 3 | $213K |
Park State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 8 | $6.4M |
| 2021 | 8 | $4.8M |
| 2022 | 4 | $1.4M |
| 2024 | 1 | $5.0M |
| 2025 | 2 | $679K |
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 Park State 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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