GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
8,541
2010–2026
Total Volume
$3.1B
Gross loan amounts
States Active
47
With recorded loans
Programs
7(a) & 504
8540 total segments
Citizens Bank has a strong focus on existing businesses, with 46% of their deals supporting established companies. This could be beneficial if you're looking to expand or refinance an existing operation.
With an average 7(a) spread of P+2.42%, Citizens Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Citizens Bank's growth trend shows a decline of 5% year-over-year, which may indicate a tightening in their lending practices. If you're considering applying, be prepared for potentially stricter approval criteria.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 348 504 loans, which use fixed SBA debenture rates.
Top 15 of 47 states where Citizens Bank, National Association has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Other Health Practitioners
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
Physician & Dental Offices
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Citizens Bank, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Pennsylvania · Manufacturing · Under $150K | 7(a) | 82 | P+2.50% | $71K | Q2 2019 |
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 81 | P+2.75% | $72K | Q4 2024 |
| Pennsylvania · Administrative & Waste Services · Under $150K | 7(a) | 80 | P+3.50% | $58K | Q2 2024 |
| Pennsylvania · Restaurants & Food Service · Under $150K | 7(a) | 79 | P+3.50% | $59K | Q4 2022 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 70 | P+2.50% | $82K | Q4 2018 |
| Pennsylvania · Management & IT Consulting · Under $150K | 7(a) | 69 | P+3.50% | $72K | Q4 2018 |
| Pennsylvania · Wholesale Trade · Under $150K | 7(a) | 67 | P+2.50% | $87K | Q2 2019 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 66 | P+3.00% | $60K | Q2 2024 |
| Pennsylvania · Specialty Trade Contractors · Under $150K | 7(a) | 65 | P+2.50% | $78K | Q3 2023 |
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 64 | P+2.62% | $65K | Q1 2020 |
| Pennsylvania · Retail Trade · Under $150K | 7(a) | 63 | P+3.00% | $71K | Q4 2021 |
| Pennsylvania · Other Health Practitioners · Under $150K | 7(a) | 62 | P+2.75% | $62K | Q1 2024 |
| Massachusetts · Management & IT Consulting · Under $150K | 7(a) | 61 | P+3.00% | $76K | Q4 2022 |
| Pennsylvania · Transportation & Warehousing · Under $150K | 7(a) | 56 | P+3.00% | $61K | Q4 2018 |
| Massachusetts · Transportation & Warehousing · Under $150K | 7(a) | 54 | P+3.25% | $56K | Q1 2024 |
| New York · Restaurants & Food Service · Under $150K | 7(a) | 54 | P+2.75% | $55K | Q2 2024 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 50 | P+2.77% | $90K | Q4 2019 |
| New York · Manufacturing · Under $150K | 7(a) | 48 | P+2.58% | $62K | Q2 2018 |
| New York · Specialty Trade Contractors · Under $150K | 7(a) | 46 | P+3.13% | $56K | Q4 2018 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 44 | P+2.63% | $67K | Q2 2024 |
| Ohio · Manufacturing · Under $150K | 7(a) | 44 | P+2.75% | $76K | Q1 2024 |
| New York · Wholesale Trade · Under $150K | 7(a) | 41 | P+2.85% | $74K | Q3 2024 |
| Pennsylvania · Auto Repair & Maintenance · Under $150K | 7(a) | 40 | P+3.25% | $51K | Q1 2020 |
| Massachusetts · Physician & Dental Offices · Under $150K | 7(a) | 39 | P+2.75% | $80K | Q4 2021 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 39 | P+2.75% | $67K | Q3 2019 |
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