Citizens Bank of Charleston
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Citizens Bank of Charleston · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|
Geographic Distribution
SBA lending activity for Citizens Bank of Charleston by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 1 | $80K | 100.0% |
Why Choose Citizens Bank of Charleston?
Based on SBA 7(a) lending track record from 2002-2002
- ✓Proven Track Record: 1 SBA loans approved, totaling $80K in financing
- ✓Industry Expertise: Specialized focus on
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 63 months
- ✓Loan Range: Loan sizes from $80K to $80K, with an average of $80K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Citizens Bank of Charleston SBA lending
What types of businesses does Citizens Bank of Charleston typically finance?
Citizens Bank of Charleston specializes in SBA 7(a) lending to specific industries including . They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Citizens Bank of Charleston's typical SBA loan terms?
Citizens Bank of Charleston's SBA 7(a) loans typically feature an average interest rate of — and average term length of 63 months (approximately 5 years). Loan sizes range from $80K to $80K, with an average loan size of $80K.
Do I need a business valuation for a Citizens Bank of Charleston SBA loan?
Yes, Citizens Bank of Charleston typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Citizens Bank of Charleston compare to other SBA lenders?
Citizens Bank of Charleston has originated 1 SBA loans totaling $80K since 2002. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Citizens Bank of Charleston lend in?
Citizens Bank of Charleston provides SBA 7(a) financing with particularly strong presence in MO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.