Parkside Financial Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Parkside Financial Bank & Trust · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 335999 | All Other Miscellaneous Electrical Equipment and Component Manufacturing | 1 | $2.2M | $2.2M | 12.5% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 1 | $817K | $817K | 12.5% |
| 561910 | Packaging and Labeling Services | 1 | $1.7M | $1.7M | 12.5% |
| 611620 | Sports and Recreation Instruction | 1 | $525K | $525K | 12.5% |
| 336320 | Motor Vehicle Electrical and Electronic Equipment Manufacturing | 1 | $2.0M | $2.0M | 12.5% |
| 311999 | All Other Miscellaneous Food Manufacturing | 1 | $5.0M | $5.0M | 12.5% |
Geographic Distribution
SBA lending activity for Parkside Financial Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 6 | $7.8M | 75.0% |
| Colorado (CO) | 2 | $5.8M | 25.0% |
Why Choose Parkside Financial Bank & Trust?
Based on SBA 7(a) lending track record from 2010-2022
- ✓Proven Track Record: 8 SBA loans approved, totaling $13.6M in financing
- ✓Industry Expertise: Specialized focus on All Other Miscellaneous Electrical Equipment and Component Manufacturing, Specialized Freight (except Used Goods) Trucking, Local, Packaging and Labeling Services
- ✓Competitive Terms: Average interest rate of 6.03% with flexible term lengths averaging 156 months
- ✓Loan Range: Loan sizes from $211K to $5.0M, with an average of $1.7M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MO, CO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Parkside Financial Bank & Trust SBA lending
What types of businesses does Parkside Financial Bank & Trust typically finance?
Parkside Financial Bank & Trust specializes in SBA 7(a) lending to specific industries including all other miscellaneous electrical equipment and component manufacturing, specialized freight (except used goods) trucking, local, packaging and labeling services, sports and recreation instruction. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Parkside Financial Bank & Trust's typical SBA loan terms?
Parkside Financial Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 6.03% and average term length of 156 months (approximately 13 years). Loan sizes range from $211K to $5.0M, with an average loan size of $1.7M.
Do I need a business valuation for a Parkside Financial Bank & Trust SBA loan?
Yes, Parkside Financial Bank & Trust typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Parkside Financial Bank & Trust compare to other SBA lenders?
Parkside Financial Bank & Trust has originated 8 SBA loans totaling $13.6M since 2010. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Parkside Financial Bank & Trust lend in?
Parkside Financial Bank & Trust provides SBA 7(a) financing with particularly strong presence in MO, CO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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