Citizens Bank & Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Citizens Bank & Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 16 | $41.5M | $2.6M | 25.0% |
| 446110 | Pharmacies and Drug Stores | 8 | $5.1M | $639K | 12.5% |
| 444130 | Hardware Stores | 8 | $8.2M | $1.0M | 12.5% |
| 812112 | Beauty Salons | 8 | $1.1M | $133K | 12.5% |
| 713990 | All Other Amusement and Recreation Industries | 8 | $5.7M | $716K | 12.5% |
| 445120 | Convenience Stores | 8 | $7.6M | $954K | 12.5% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $5.9M | $737K | 12.5% |
Geographic Distribution
SBA lending activity for Citizens Bank & Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Alabama (AL) | 64 | $75.1M | 100.0% |
Why Choose Citizens Bank & Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 64 SBA loans approved, totaling $75.1M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Pharmacies and Drug Stores, Hardware Stores
- ✓Competitive Terms: Average interest rate of 6.06% with flexible term lengths averaging 228 months
- ✓Loan Range: Loan sizes from $133K to $2.9M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in AL
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 & Trust SBA lending
What types of businesses does Citizens Bank & Trust typically finance?
Citizens Bank & Trust specializes in SBA 7(a) lending to specific industries including full-service restaurants, pharmacies and drug stores, hardware stores, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Citizens Bank & Trust's typical SBA loan terms?
Citizens Bank & Trust's SBA 7(a) loans typically feature an average interest rate of 6.06% and average term length of 228 months (approximately 19 years). Loan sizes range from $133K to $2.9M, with an average loan size of $1.2M.
Do I need a business valuation for a Citizens Bank & Trust SBA loan?
Yes, Citizens Bank & Trust 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 & Trust compare to other SBA lenders?
Citizens Bank & Trust has originated 64 SBA loans totaling $75.1M since 2020. 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 & Trust lend in?
Citizens Bank & Trust provides SBA 7(a) financing with particularly strong presence in AL. 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?
Professional valuations are often required for SBA loans over $250,000.
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