GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
93
2014–2023
Total Volume
$68M
Gross loan amounts
States Active
1
With recorded loans
Programs
504
93 total segments
First Citrus Bank focuses exclusively on 504 loans, which is a significant departure from the national average of 18%. This makes them a strong choice for borrowers needing real estate financing.
With an average deal size of $726,118 and a majority of their deals (77%) going to existing businesses, First Citrus Bank is well-suited for established companies looking to finance real estate.
First Citrus Bank's 45% decline in deal volume year-over-year suggests they may be tightening their lending criteria, which could make it more challenging for new applicants to secure financing.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 93 504 loans, which use fixed SBA debenture rates.
States where FIRST CITRUS BANK has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Hotels & Accommodation
Accommodation & Food Services
Restaurants & Food Service
Accommodation & Food Services
Auto Repair & Maintenance
Other Services
Management & IT Consulting
Professional Services
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Personal Care (Salons, Spas)
Other Services
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for FIRST CITRUS BANK, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Florida · Hotels & Accommodation · $1M – $2M | 504 | 7 | — | $1.3M | Q1 2022 |
| Florida · Administrative & Waste Services · $150K – $350K | 504 | 4 | — | $216K | Q3 2021 |
| Florida · Restaurants & Food Service · $1M – $2M | 504 | 3 | — | $1.3M | Q3 2022 |
| Florida · Auto Repair & Maintenance · $1M – $2M | 504 | 3 | — | $1.5M | Q1 2022 |
| Florida · Specialty Trade Contractors · $1M – $2M | 504 | 3 | — | $1.1M | Q2 2022 |
| Florida · Accounting & Tax · $150K – $350K | 504 | 3 | — | $212K | Q1 2022 |
| Florida · Restaurants & Food Service · $150K – $350K | 504 | 3 | — | $279K | Q4 2021 |
| Florida · Engineering & Architecture · $150K – $350K | 504 | 2 | — | $271K | Q2 2021 |
| Florida · Information & Media · $150K – $350K | 504 | 2 | — | $216K | Q2 2021 |
| Florida · Personal Care (Salons, Spas) · $150K – $350K | 504 | 2 | — | $250K | Q1 2023 |
| Florida · Hotels & Accommodation · $2M – $5M | 504 | 2 | — | $2.8M | Q3 2021 |
| Florida · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $689K | Q1 2022 |
| Florida · Laundry & Dry Cleaning · $150K – $350K | 504 | 2 | — | $207K | Q3 2021 |
| Florida · Wholesale Trade · $500K – $1M | 504 | 2 | — | $604K | Q2 2021 |
| Florida · Auto Repair & Maintenance · $500K – $1M | 504 | 2 | — | $785K | Q2 2022 |
| Florida · Retail Trade · $500K – $1M | 504 | 2 | — | $628K | Q2 2022 |
| Florida · Specialty Trade Contractors · $150K – $350K | 504 | 2 | — | $301K | Q2 2022 |
| Florida · Management & IT Consulting · $150K – $350K | 504 | 2 | — | $246K | Q4 2021 |
| Florida · Manufacturing · $350K – $500K | 504 | 2 | — | $416K | Q1 2022 |
| Florida · Hotels & Accommodation · $500K – $1M | 504 | 2 | — | $838K | Q1 2021 |
| Florida · Management & IT Consulting · $500K – $1M | 504 | 2 | — | $809K | Q3 2022 |
| Florida · Management & IT Consulting · Under $150K | 504 | 1 | — | $134K | Q2 2022 |
| Florida · Legal Services · Under $150K | 504 | 1 | — | $116K | Q4 2020 |
| Florida · Other Professional Services · $350K – $500K | 504 | 1 | — | $419K | Q4 2014 |
| Florida · Other Health Practitioners · $500K – $1M | 504 | 1 | — | $508K | Q4 2022 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with FIRST CITRUS BANK.
No reviews yet. Be the first to review FIRST CITRUS BANK.