SBA lender record

Park State Bank

2630 W Superior St, Duluth, MN, 55806. The complete public SBA 7(a) lending record (FY2020–25) — every business Park State Bank financed, every failed deal, the branches, and the FDIC profile.

$18.2M

Total SBA financing

Loans on record

Businesses financed

Failure rate (FY20–23)

● branch locations (FDIC)

FDIC profile

Total assets: $1.5B
Deposits: $1.2B
Loans outstanding: $903.2M
Net income: $5.3M
Return on assets: 1.4345005221776703%
Return on equity: 14.7%
Total equity: $145.0M
Offices: 20
Founded: 06/2
Headquarters: 2630 W Superior St, Duluth, MN, 55806
FDIC cert: 8851
Website: www.parkstatebank.com

FDIC call-report data, quarter ending 03/2026.

20 branches

Park State BankMain office2630 W Superior St, Duluth, MN, 55806· since 1916
West Duluth Branch331 N Central Ave, Duluth, MN, 55807· since 1912
Mountain Iron/Expressway Branch8401 Unity Dr, Mountain Iron, MN, 55768· since 1916
Cook Branch32 S River St, Cook, MN, 55723· since 1917
Grand Rapids South Branch1215 S Pokegama Ave, Grand Rapids, MN, 55744· since 1919
Chisholm Branch231 W Lake St, Chisholm, MN, 55719· since 1951
Chisholm Branch301 1st St Nw, Chisholm, MN, 55719· since 1978
Biwabik Branch221 Main St N, Biwabik, MN, 55708· since 1993
Silver Bay Branch88 Outer Dr, Silver Bay, MN, 55614· since 1993
Orr Branch4539 Highway 53, Orr, MN, 55771· since 1995
Hibbing Downtown Branch2015 3rd Ave E, Hibbing, MN, 55746· since 1995
Grand Rapids North Branch428 Nw 4th Ave, Grand Rapids, MN, 55744· since 1995
Mt Royal Branch120 Mount Royal Shopping Cir, Duluth, MN, 55803· since 1996
Cook Branch128 N Highway 53, Cook, MN, 55723· since 1998
Nashwauk Data CenterPlatt Ave E, Nashwauk, MN, 55769· since 2007
Minneapolis Branch3033 Excelsior Blvd, Minneapolis, MN, 55416· since 2020
Nashwauk Branch117 Central Ave, Nashwauk, MN, 55769· since 2021
Two Harbors Branch613 1st Ave, Two Harbors, MN, 55616· since 2021
Hermantown Branch4161 Haines Road, Hermantown, MN, 55811· since 2024
First National Bank Branch101 W Lake St, Chisholm, MN, 55719· since 2025

Work at Park State Bank?

Claim this profile free to keep your lending record accurate, route buyer leads to your team, and stand out in the rankings.

Claim this listing

Businesses Park State Bank financed

22 businesses on record. Each links to its full SBA record.

Most active in: MN (23).

Agent summary

This page summarizes Park State Bank's public SBA 7(a) lending record (FY2020–25) — every business it financed, failed deals, branches, and FDIC profile — built by CapBench SBA Intelligence. CapBench is not a lender.

23 SBA 7(a) loans totaling $18.2M
22 businesses financed
0% failure rate (FY20–23)
FDIC total assets $1.5B
20 FDIC branch locations

Next steps

Request an intro Rank lenders Pre-qualify a deal

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/park-state-bank
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

Work at Park State Bank?

Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.

Claim this listing Request removal

Looking for a lender like this one?

Tell us your deal size, industry, and location and we'll point you to the SBA lenders most likely to fund it — fast.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench listing built from public SBA 7(a) lending records and FDIC BankFind. Not affiliated with Park State Bank.