Parke Bank
SEWELL, NJ 8080
States Served
Top Industries Financed
- Commercial and Institutional Building Construction
- Limited-Service Restaurants
- All Other Professional, Scientific, and Technical Services
- All Other Miscellaneous Schools and Instruction
- Fitness and Recreational Sports Centers
Quick Summary
Parke Bank is an SBA-approved lender headquartered in SEWELL, New Jersey. Since 2020, they have approved 13 SBA 7(a) loans totaling $7.4M, with an average loan size of $570K. They serve businesses across 2 states.
About Parke Bank
Parke Bank is an SBA-approved lender headquartered in SEWELL, New Jersey. Since 2020, they have approved 13 SBA 7(a) loans totaling $7.4M, with an average loan size of $570K. They serve businesses across 2 states.
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Frequently Asked Questions
Is Parke Bank an SBA Preferred Lender?
Parke Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Parke Bank approved?
According to SBA FOIA public records, Parke Bank has approved 13 SBA 7(a) loans totaling $7.4M since 2020. Their average loan size is $570K.
What states does Parke Bank serve?
Parke Bank serves businesses in 2 states: New Jersey, Pennsylvania.
How do I apply for an SBA loan with Parke Bank?
To apply for an SBA 7(a) loan with Parke Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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