Citizens Bank of Kansas
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Citizens Bank of Kansas · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 488490 | Other Support Activities for Road Transportation | 4 | $452K | $113K | 5.8% |
| 713940 | Fitness and Recreational Sports Centers | 4 | $427K | $107K | 5.8% |
| 811111 | General Automotive Repair | 3 | $433K | $144K | 4.3% |
| 812112 | Beauty Salons | 3 | $190K | $63K | 4.3% |
| 621310 | Offices of Chiropractors | 2 | $250K | $125K | 2.9% |
| 722513 | Limited-Service Restaurants | 2 | $510K | $255K | 2.9% |
| 611699 | All Other Miscellaneous Schools and Instruction | 1 | $30K | $30K | 1.4% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1 | $80K | $80K | 1.4% |
| 621320 | Offices of Optometrists | 1 | $280K | $280K | 1.4% |
| 541810 | Advertising Agencies | 1 | $88K | $88K | 1.4% |
Geographic Distribution
SBA lending activity for Citizens Bank of Kansas by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 68 | $12.3M | 98.6% |
| Oklahoma (OK) | 1 | $100K | 1.4% |
Why Choose Citizens Bank of Kansas?
Based on SBA 7(a) lending track record from 1991-2018
- ✓Proven Track Record: 69 SBA loans approved, totaling $12.4M in financing
- ✓Industry Expertise: Specialized focus on Other Support Activities for Road Transportation, Fitness and Recreational Sports Centers, General Automotive Repair
- ✓Competitive Terms: Average interest rate of 5.80% with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $17K to $4.5M, with an average of $180K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in KS, OK
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 Kansas SBA lending
What types of businesses does Citizens Bank of Kansas typically finance?
Citizens Bank of Kansas specializes in SBA 7(a) lending to specific industries including other support activities for road transportation, fitness and recreational sports centers, general automotive repair, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Citizens Bank of Kansas's typical SBA loan terms?
Citizens Bank of Kansas's SBA 7(a) loans typically feature an average interest rate of 5.80% and average term length of 93 months (approximately 8 years). Loan sizes range from $17K to $4.5M, with an average loan size of $180K.
Do I need a business valuation for a Citizens Bank of Kansas SBA loan?
Yes, Citizens Bank of Kansas 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 Kansas compare to other SBA lenders?
Citizens Bank of Kansas has originated 69 SBA loans totaling $12.4M since 1991. 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 Kansas lend in?
Citizens Bank of Kansas provides SBA 7(a) financing with particularly strong presence in KS, OK. 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.
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