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Park State Bank

Listed
Bank for term loans and commercial real estate loansDuluth, MinnesotaBased in Minnesota; service area not yet provided
BBLL 001178Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

Park State Bank offers business term loans, commercial property and land-development financing and SBA-backed loans for eligible startups or established local companies.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

From the lender's own site and public records.

A second look at Park State Bank

Park State Bank offers business term loans, commercial property and land-development financing and SBA-backed loans for eligible startups or established local companies.

Park State Bank provides business credit directly as a bank; approval and documentation are determined by the bank.

Published by Levr, not by Park State Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business lending

Term lending
Business term loans use flexible scheduled terms and can refinance existing business debt.
Property and construction
Offers construction and long-term property credit, including land development, rental property and apartment buildings.
SBA uses
SBA-backed lending can fund land or building acquisition, improvements or refinancing, with lower down payments and longer terms for qualifying borrowers.

Provider sources: Business loans · Park State Bank official identity

When it may fit

Our assessment of the published programs

  • Local Minnesota businesses or property developers comparing term credit with SBA-backed project finance.

What to weigh carefully

  • Specific SBA subprograms, limits and minimum qualifications are not established by these sources.

Questions before you accept an offer

  1. Which direct bank or SBA structure fits our project, and how will construction convert to long-term financing?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Stearns Bank

Compare Stearns Bank for business lending in MN; confirm the project location, collateral requirements and proposed terms.

VersaBank USA National Association

Compare VersaBank USA National Association for business lending in MN; confirm the project location, collateral requirements and proposed terms.

The lender

Type
Bank
Legal name
Park State Bank
Founded
1916
Charter
Not yet provided Add it
Headquarters
Duluth, Minnesota
Service area
Based in Minnesota; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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