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Park State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Park State Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

523

2010 – 2025

Approved $

$110.2M

across all programs

Avg loan size

$211K

median $100K

Top industry

Recreational and Vacation Camps (except Campgrounds)

22 loans · 4%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

523

Approved

$110.2M

Avg size

$211K

Range

$8K – $5.0M

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Recreational and Vacation Camps (except Campgrounds)

Full-Service Restaurants

Drinking Places (Alcoholic Beverages)

General Automotive Repair

Other Heavy and Civil Engineering Construction

Automotive Parts and Accessories Stores

Loan records · Park State Bank

Showing largest 500 of 523 records

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Borrower

Location

Program

Industry

Chesapeake Holdings LLC Park State Bank

Saint Charles, MN

55972

$5,000,000

$167K

7(a)

Nonferrous Metal Die-Casting Foundries

2024-08-22

Hali-Brite, Inc.Park State Bank

Brainerd, MN

56401

$5,000,000

$417K

7(a)

Other Lighting Equipment Manufacturing

2020-02-14

JPG Corporation Park State Bank

Minneapolis, MN

55416

$4,166,600

$160K

7(a)

"Beer, Wine, and Liquor Stores"

2021-08-24

Hammerlund Construction, Inc Park State Bank

Grand Rapids, MN

55744

$2,500,000

$42K

7(a)

Water and Sewer Line and Related Structures Construction

2010-12-24

Hammerlund Construction Inc.Park State Bank

Grand Rapids, MN

55744

$2,000,000

—

7(a)

Water and Sewer Line and Related Structures Construction

2010-06-03

Troutwine Investments, Ltd. Partnership Park State Bank

Virginia, MN

55792

$1,750,000

$23K

7(a)

Lessors of Nonresidential Buildings (except Miniwarehouses)

2009-06-30

Precision Aggregate Products, LLC Park State Bank

Mesquite, NV

89027

$1,670,000

$48K

7(a)

Ready-Mix Concrete Manufacturing

2009-04-15

Carlson Timber Products, Inc.Park State Bank

Sandstone, MN

55072

$1,666,000

$37K

7(a)

All Other Miscellaneous Wood Product Manufacturing

2009-12-28

TDC HOLDING, LLC Park State Bank

St George, UT

84770

$1,500,000

—

7(a)

"Data Processing, Hosting, and Related Services"

2009-12-28

HAMMERLUND CONSTRUCTION Park State Bank

Grand Rapids, MN

55744

$1,450,000

—

7(a)

All Other Special Trade Contractors - See Footnote 13 in the Table of Small Business Size Standards

2002-09-18

Jay N. Pohlman Park State Bank

Ely, MN

55731

$1,440,000

—

7(a)

All Other Consumer Goods Rental

2009-11-20

Carl and Laura Clark Park State Bank

Draper, UT

84020

$1,440,000

—

7(a)

All Other Amusement and Recreation Industries

2010-05-27

BAUMAN FAMILY OF FUNERAL HOMES Park State Bank

Virginia, MN

55792

$1,380,000

—

7(a)

—

1998-04-21

Northland Machine, Inc.Park State Bank

Grand Rapids, MN

55744

$1,378,000

$48K

7(a)

All Other Miscellaneous Fabricated Metal Product Manufacturing

2010-02-03

PERCISION WATERJET CONCEPTS Park State Bank

Merrifield, MN

56465

$1,275,000

—

7(a)

Metal Service Centers and Offices

2002-03-22

Derek L. Gustafson, D.D.S., P.A.Park State Bank

Hibbing, MN

55746

$1,195,000

$120K

7(a)

Offices of Dentists

2015-09-11

Larry Trachsel & Ben Pearson, Inc.Park State Bank

Hermantown, MN

55810

$1,100,000

$50K

7(a)

Asphalt Paving Mixture and Block Manufacturing

2017-11-15

JPJ Engineering, Inc.Park State Bank

Hibbing, MN

55746

$1,055,000

$81K

7(a)

Engineering Services

2015-05-06

Pohl Creek Logging Inc Park State Bank

Grand Rapids, MN

55744

$1,047,000

$524K

7(a)

Logging

2009-10-01

HEDSTROM LUMBER COMPANY, INC.Park State Bank

Grand Marais, MN

55604

$1,000,000

—

7(a)

Other Building Material Dealers

2002-05-14

Cartier Agency Inc.Park State Bank

Duluth, MN

55808

$1,000,000

$77K

7(a)

Insurance Agencies and Brokerages

2012-07-16

G&N Enterprises L.L.C.Park State Bank

Virginia, MN

55792

$865,600

$48K

7(a)

Drinking Places (Alcoholic Beverages)

2022-08-19

Holmes Recycling Services, Inc.Park State Bank

Iron, MN

55751

$860,600

$43K

7(a)

Recyclable Material Merchant Wholesalers

2011-12-28

PROCHAZKA PROPERTIES, LLC Park State Bank

Laprairie, MN

55744

$860,000

$860K

7(a)

General Warehousing and Storage

2008-11-06

DRN Enterprises, Inc.Park State Bank

Duluth, MN

55802

$750,000

$11K

7(a)

Other Building Equipment Contractors

2017-04-07

Chesapeake Holdings LLC

Saint Charles, MN · 55972

$5,000,000

7(a)

Park State Bank$167K/job · 2024-08-22

Park State Bank$417K/job · 2020-02-14

JPG Corporation

Minneapolis, MN · 55416

$4,166,600

7(a)

Park State Bank$160K/job · 2021-08-24

Hammerlund Construction, Inc

Grand Rapids, MN · 55744

$2,500,000

7(a)

Park State Bank$42K/job · 2010-12-24

Hammerlund Construction Inc.

Grand Rapids, MN · 55744

$2,000,000

7(a)

Park State Bank2010-06-03

Troutwine Investments, Ltd. Partnership

Virginia, MN · 55792

$1,750,000

7(a)

Park State Bank$23K/job · 2009-06-30

Precision Aggregate Products, LLC

Mesquite, NV · 89027

$1,670,000

7(a)

Park State Bank$48K/job · 2009-04-15

Carlson Timber Products, Inc.

Sandstone, MN · 55072

$1,666,000

7(a)

Park State Bank$37K/job · 2009-12-28

TDC HOLDING, LLC

St George, UT · 84770

$1,500,000

7(a)

Park State Bank2009-12-28

HAMMERLUND CONSTRUCTION

Grand Rapids, MN · 55744

$1,450,000

7(a)

Park State Bank2002-09-18

Park State Bank2009-11-20

Park State Bank2010-05-27

BAUMAN FAMILY OF FUNERAL HOMES

Virginia, MN · 55792

$1,380,000

7(a)

Park State Bank1998-04-21

Northland Machine, Inc.

Grand Rapids, MN · 55744

$1,378,000

7(a)

Park State Bank$48K/job · 2010-02-03

PERCISION WATERJET CONCEPTS

Merrifield, MN · 56465

$1,275,000

7(a)

Park State Bank2002-03-22

Derek L. Gustafson, D.D.S., P.A.

Hibbing, MN · 55746

$1,195,000

7(a)

Park State Bank$120K/job · 2015-09-11

Larry Trachsel & Ben Pearson, Inc.

Hermantown, MN · 55810

$1,100,000

7(a)

Park State Bank$50K/job · 2017-11-15

JPJ Engineering, Inc.

Hibbing, MN · 55746

$1,055,000

7(a)

Park State Bank$81K/job · 2015-05-06

Pohl Creek Logging Inc

Grand Rapids, MN · 55744

$1,047,000

7(a)

Park State Bank$524K/job · 2009-10-01

HEDSTROM LUMBER COMPANY, INC.

Grand Marais, MN · 55604

$1,000,000

7(a)

Park State Bank2002-05-14

Park State Bank$77K/job · 2012-07-16

G&N Enterprises L.L.C.

Virginia, MN · 55792

$865,600

7(a)

Park State Bank$48K/job · 2022-08-19

Holmes Recycling Services, Inc.

Iron, MN · 55751

$860,600

7(a)

Park State Bank$43K/job · 2011-12-28

PROCHAZKA PROPERTIES, LLC

Laprairie, MN · 55744

$860,000

7(a)

Park State Bank$860K/job · 2008-11-06

DRN Enterprises, Inc.

Duluth, MN · 55802

$750,000

7(a)

Park State Bank$11K/job · 2017-04-07

1–25 of 500 (largest 500 of 523)

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Where Park State Bank lends

APPROVAL CONCENTRATION

TOP STATES

503