Citizens Bank SBA Loans – Rates, States & Industries

Citizens Bank SBA 7(a) loan profile. $211.0M funded, 270 loans at 9.95% avg rate. See top states, industries & how to apply.

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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 Citizens Bank

In 2025, Citizens Bank funded $211.0M in SBA 7(a) loans across 270 businesses nationwide, making them the #31 SBA lender in the United States by loan volume.

💡 Key Insight: 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.

Loan Types Funded by Citizens Bank

Here’s how Citizens Bank distributes their SBA loans across different business types:

🚀 Startups
72%
$135.0M • 194 loans

🏢 Existing Businesses
14%
$38.4M • 39 loans

🔄 Acquisitions
14%
$37.7M • 37 loans

Top States for Citizens Bank (2025)

Here are the states where Citizens Bank has the highest SBA lending activity:

RankStateVolumeLoansAvg Size
1 Texas$25.3M33$765K
2 Florida$24.5M35$701K
3 California$24.1M27$891K
4 Georgia$19.1M17$1.1M
5 Utah$15.5M15$1.0M
6 North Carolina$13.2M17$778K
7 Illinois$11.0M11$1.0M
8 Colorado$8.5M13$655K
9 Arizona$7.4M6$1.2M
10 New Jersey$7.2M5$1.4M
11 Virginia$6.4M11$582K
12 Tennessee$6.2M7$883K
13 South Carolina$4.3M6$710K
14 Ohio$3.7M8$457K
15 Alabama$3.6M6$607K

Top Industries Funded by Citizens Bank

Citizens Bank funds SBA loans across many industries. Here are the sectors where they’re most active:

RankIndustryVolumeLoans
1 Fitness and Recreational Sports Centers$21.2M39
2 Snack and Nonalcoholic Beverage Bars$14.3M24
3 Hotels (except Casino Hotels) and Motels$10.8M4
4 Full-Service Restaurants$9.2M10
5 Limited-Service Restaurants$9.1M15
6 Freestanding Ambulatory Surgical and Emergency Centers$7.8M5
7 General Automotive Repair$6.4M6
8 All Other Amusement and Recreation Industries$5.9M8
9 Offices of Chiropractors$5.9M10
10 Car Washes$5.0M1
11 Promoters of Performing Arts, Sports, and Similar Events with Faciliti$4.2M1
12 Other Services to Buildings and Dwellings$3.9M9
13 Roofing Contractors$3.8M1
14 Coin-Operated Laundries and Drycleaners$3.2M2
15 Security Systems Services (except Locksmiths)$3.1M2

Top Cities for Citizens Bank

Cartersville, Ga

$5.0M
Volume

1
Loans

Calumet City, Il

$4.9M
Volume

1
Loans

Salt Lake City, Ut

$4.8M
Volume

2
Loans

Page, Az

$4.8M
Volume

1
Loans

Millstone Township, Nj

$4.4M
Volume

1
Loans

Buford, Ga

$4.2M
Volume

1
Loans

Concord, Ca

$3.9M
Volume

2
Loans

Granada Hills, Ca

$3.8M
Volume

2
Loans

Colorado Springs, Co

$3.4M
Volume

3
Loans

Charlotte, Nc

$3.1M
Volume

4
Loans

🤝 How to Get a Loan from Citizens Bank

Many top SBA lenders, including Citizens Bank, work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works directly with Citizens Bank and can help you access their loan programs. Our service is completely free to borrowers.

📞 Get Matched with Citizens Bank

Ready to apply for an SBA loan through Citizens Bank? Our team can help you get matched with the right lender and program for your business.

Looking for other SBA lenders? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Other Top SBA Lenders

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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