SBA lender profile
Parke Bank
Parke Bank appears in the public SBA loan data with 13 funded 7(a) loans totaling $7.4M, an average of $570K per loan, and an estimated 176 jobs supported. Its SBA lending concentrates in New Jersey and the Retail Trade 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
13
Total volume
$7.4M
Average loan size
$570K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
176
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.2B
- Headquarters
- Sewell, NJ
- FDIC cert
- #34888
- Status
- Active
Where Parke Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New Jersey | 8 | $3.7M |
| Pennsylvania | 5 | $3.7M |
What Parke Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 2 | $2.2M |
| Construction | 4 | $1.8M |
| Other Services | 1 | $758K |
| Transportation and Warehousing | 1 | $508K |
| Professional and Technical Services | 1 | $500K |
| Health Care and Social Assistance | 1 | $477K |
Parke Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $508K |
| 2021 | 5 | $2.2M |
| 2022 | 6 | $4.3M |
| 2024 | 1 | $400K |
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 Parke 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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