Parkside Financial Bank & Trust
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by Parkside Financial Bank & Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 311999 | All Other Miscellaneous Food Manufacturing | 8 | $40.0M | $5.0M | 33.3% |
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 8 | $6.5M | $817K | 33.3% |
| 336320 | Motor Vehicle Electrical and Electronic Equipment Manufacturing | 8 | $16.0M | $2.0M | 33.3% |
Geographic Distribution
SBA lending activity for Parkside Financial Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 16 | $46.5M | 66.7% |
| Missouri (MO) | 8 | $16.0M | 33.3% |
Why Choose Parkside Financial Bank & Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 24 SBA loans approved, totaling $62.5M in financing
- ✓Industry Expertise: Specialized focus on All Other Miscellaneous Food Manufacturing, Specialized Freight (except Used Goods) Trucking, Local, Motor Vehicle Electrical and Electronic Equipment Manufacturing
- ✓Competitive Terms: Average interest rate of 4.73% with flexible term lengths averaging 188 months
- ✓Loan Range: Loan sizes from $817K to $5.0M, with an average of $2.6M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in CO, MO
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 food manufacturing, specialized freight (except used goods) trucking, local, motor vehicle electrical and electronic equipment manufacturing. 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 4.73% and average term length of 188 months (approximately 16 years). Loan sizes range from $817K to $5.0M, with an average loan size of $2.6M.
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 24 SBA loans totaling $62.5M since 2020. 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 CO, MO. 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?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.