Park Bank is your local SBA Lender

Park Bank means Business.  That's why we specialize in SBA lending and services specifically designed to be business-friendly.  From our new Commercial Internet Banking and optional Business Bill Pay to the expertise in our SBA loan department, Park Bank is your first choice for business financing.

Business Services

	SBA Loans and Forms
	Federal SBA site
	Wisconsin SBA site
	Business Checking Accounts
	Commercial Internet Banking
	Business Bill Pay
	Off-Site Secure Document Storage
	Credit Card Merchant Program

SBA LOANS

People Have Three Questions about Their SBA Loan... 1. How long will it take? 2. How much does it cost? 3. What are the benefits of an SBA Loan We can help answer those questions, and others...	Download and Print  Park Bank SBA Loan Application and Supporting Documents To download and print the forms below, you will need Adobe Acrobat Reader.  FREE... download it now!  Short Form Application  Personal Financial Statement Statement of Personal History Request for Copy of Transcript of Tax Forms
SBA loans allow Park Bank to make business loans to "Start-Up" business that it could not otherwise make.  SBA loans are longer in term than other bank business loans, helping the cash flow of the business by keeping the monthly payment lower. 25 years on real estate 10 years on equipment 7 years on working capital SBA loans combine the use of proceeds of many purposes into one loan. The SBA is looking for loans to women and minority owned businesses. Quick turn around time.
Fact Sheet    Park Bank makes loans which are then guaranteed by the Small Business Administration - an agency of the U.S. Government. The maximum SBA Guaranteed Loan is approximately $1,000,000.00. The minimum Park Bank SBA Loan is approximately $10,000.00.    SBA loans can be made to "Start Up" or to existing businesses. The average, normal processing time for SBA Guaranteed Loans is 15 to 30 days. The normal interest rate on SBA Guaranteed Loans is a variable rate tied to the national Prime Rate. The rate is usually about Prime + 2.75%. For start up businesses and businesses being purchased, the borrowers normally need from 10% to 20% of the total project cost injected into the business in the form of cash or equipment. SBA Guaranteed Loans can be used to purchase real estate, inventory, or equipment: for working capital, for the refinance of existing debt, or for any other legitimate business purpose. You do NOT have to be turned down by a bank before you can qualify for an SBA Guaranteed Loan. Must be for business purposes, not investment purposes.

For more information on SBA and other business loans, plus details on our many business-friendly services, contact Park Bank today!

 

  
Visit Any of Our Three Locations
 

Holmen
608-526-BANK
Staff, Location, Contact Information

La Crosse
608-782-BANK
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Sparta
608-269-BANK
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