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Parkway Bank and Trust Company logo

Parkway Bank and Trust Company

Listed
Bank for term loans and business lines of creditHarwood Heights, IllinoisBased in Illinois; service area not yet provided
BBLL 000902Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Parkway Bank & Trust offers Chicago- and Phoenix-area businesses operating, equipment, franchise and commercial property finance, with explicit balloon terms on property loans.

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

Term loansBusiness lines of creditWorking capital loansEquipment financingCommercial real estate loansFranchise financing
From the lender's own site and public records.

A second look at Parkway Bank and Trust Company

Parkway Bank & Trust offers Chicago- and Phoenix-area businesses operating, equipment, franchise and commercial property finance, with explicit balloon terms on property loans.

Direct bank lender; Parkway Bank and Trust Company.

Published by Levr, not by Parkway Bank and Trust Company. 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 and real estate loans

Business uses
Term loans, working-capital lines, equipment finance and franchise acquisition/construction/equipment lending are offered.
Property structure
Owner-occupied and investment mortgages have a four-year balloon with 15–20-year amortization.
Construction
Construction and land acquisition/development facilities have published one- to two-year terms, secured by the financed property or land.

Provider sources: Business and real estate loans official source · Business and real estate loans official source

When it may fit

Our assessment of the published programs

  • Chicago and Phoenix businesses or property investors seeking local bank underwriting.

What to weigh carefully

  • The four-year balloon requires repayment or refinancing well before full amortization; confirm recourse, equity and refinance plans.

Questions before you accept an offer

  1. How must the balloon be repaid and is renewal discretionary?
  2. What franchise brands, property types and guarantees are eligible?

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.

BMO Bank

BMO offers Illinois businesses secured revolving credit, staged-purchase Flex Loans and SBA financing for growth projects.

Huntington Bank

Huntington provides Illinois businesses conventional and SBA credit, including a smaller-loan program with business support.

The lender

Type
Bank
Legal name
Parkway Bank and Trust Company
Founded
1964
Charter
Not yet provided Add it
Headquarters
Harwood Heights, Illinois
Service area
Based in Illinois; 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
Website
parkwaybank.com
LinkedIn
Company page

Loan officers at this lender

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

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