63
First Citizens Bank
National Rank by SBA 7(a) Loan Volume (2025)
$211.0M
Total Volume
270
Loans Funded
$782K
Avg Loan Size
9.95%
Avg Interest Rate
About First Citizens Bank
In 2025, First Citizens Bank funded $211.0M in SBA 7(a) loans across 270 businesses nationwide, making them the #63 SBA lender in the United States by loan volume.
💡 Key Insight: First Citizens Bank’s average loan size is $782K at an average rate of 9.95%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for First Citizens Bank SBA Loans
First Citizens Bank is most active in Texas, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Texas | 33 | $25.3M |
| Florida | 35 | $24.5M |
| California | 27 | $24.1M |
| Georgia | 17 | $19.1M |
| Utah | 15 | $15.5M |
| North Carolina | 17 | $13.2M |
| Illinois | 11 | $11.0M |
| Colorado | 13 | $8.5M |
| Arizona | 6 | $7.4M |
| New Jersey | 5 | $7.2M |
Top Industries Funded by First Citizens Bank
Here are the industries where First Citizens Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| Fitness and Recreational Sports Centers | 39 | $21.2M |
| Snack and Nonalcoholic Beverage Bars | 24 | $14.3M |
| Hotels (except Casino Hotels) and Motels | 4 | $10.8M |
| Full-Service Restaurants | 10 | $9.2M |
| Limited-Service Restaurants | 15 | $9.1M |
| Freestanding Ambulatory Surgical and Emergency Centers | 5 | $7.8M |
| General Automotive Repair | 6 | $6.4M |
| All Other Amusement and Recreation Industries | 8 | $5.9M |
| Offices of Chiropractors | 10 | $5.9M |
| Car Washes | 1 | $5.0M |
How to Get an SBA Loan Through First Citizens Bank
Applying for an SBA 7(a) loan through First Citizens Bank typically involves:
- Pre-qualification — Determine if your business meets SBA eligibility requirements
- Documentation — Gather financial statements, tax returns, and a business plan
- Application — Submit through First Citizens Bank or work with an SBA loan broker for faster processing
- Underwriting — The bank reviews your application and makes a decision
- Closing — Finalize terms and receive your funding
Ready to Apply for an SBA Loan?
Our brokers can help you access First Citizens Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.
