The Park Bank

This is a community-focused bank offering SBA lending solutions designed to support small business growth and expansion, with personalized service and flexible financing options.

It is recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-ins may be accommodated depending on availability.

The Park Bank's Park Street location is open Monday–Friday 9:00 a.m. to 5:00 p.m. (lobby) and 8:00 a.m. to 6:00 p.m. (drive-thru), with Saturday service 9:00 a.m. to 12:00 p.m. Please confirm with the bank at (608) 283-6821.

There are no fees for simply visiting or consulting; fees apply only if you proceed with a loan application or other financial services.

This bank primarily serves residents and small business owners within the Madison region but may consider out-of-area applicants based on eligibility criteria.

A minimum personal credit score of around 640 is generally preferred, though higher scores improve approval chances.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.

The Park Bank's Park Street branch is open Saturday 9:00 a.m. to 12:00 p.m. (lobby and drive-thru) but closed on Sunday. Confirm directly with the bank regarding SBA lending availability.

The Park Bank is located in Wisconsin — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for The Park Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Park Bank itself, which runs its own lending under its own ownership. If you work at The Park Bank, you can claim this listing from this page to manage it.

The core details for The Park Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with The Park Bank before applying. If you represent The Park Bank, claim this listing to keep its information up to date.

You can reach The Park Bank by phone at (608) 283-6821 or online at park.bank — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with The Park Bank before relying on them.

Based on its approved SBA loans, The Park Bank most often finances businesses in restaurants & food service and general retail. This reflects The Park Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with The Park Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether The Park Bank participates in SBA Express depends on its specific SBA lending authority. Contact The Park Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. The Park Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. The Park Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Park Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask The Park Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask The Park Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with The Park Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. The Park Bank weighs this case by case under its own policy, so be upfront about your history and ask The Park Bank how it evaluates prior bankruptcies.