Paradise Bank
Headquartered in Boca Raton, FL. Analysis based on 226 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $342.9M.
Total 7(a) loans
226
Total approved
$342.9M
Average loan
$1.5M
States funded in
7
Charge-off rate
0.62%
FY2020–FY2023 cohort
Paid-in-full rate
36.02%
Average rate
7.25%
Average term
240 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 811192 | Car Washes | 35 |
| 722511 | Full-Service Restaurants | 12 |
| 483112 | Deep Sea Passenger Transportation | 6 |
| 441120 | Used Car Dealers | 6 |
| 561730 | Landscaping Services | 6 |
| 624410 | Child Day Care Services | 6 |
| 721110 | Hotels (except Casino Hotels) and Motels | 6 |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 5 |
| 713930 | Marinas | 5 |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 4 |
Top 10 states
| State | Loans |
|---|---|
| FL | 218 |
| NJ | 2 |
| NY | 2 |
| KY | 1 |
| AZ | 1 |
| IL | 1 |
| LA | 1 |
Top franchise brands financed
13 franchise loans across 9 distinct brands.
| Franchise | Loans |
|---|---|
| Freedom Boat Club | 4 |
| BurgerFi | 2 |
| Facilities Pro-Sweep | 1 |
| AlphaGraphics | 1 |
| Mayweather Boxing & Fitness | 1 |
| My Gym | 1 |
| The Poke Company | 1 |
| The Driveway Company | 1 |
| Pirtek | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.