Citizens Tri-County Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Citizens Tri-County Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 339920 | Sporting and Athletic Goods Manufacturing | 1 | $400K | $400K | 16.7% |
| 531190 | Lessors of Other Real Estate Property | 1 | $310K | $310K | 16.7% |
| 326130 | Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing | 1 | $587K | $587K | 16.7% |
Geographic Distribution
SBA lending activity for Citizens Tri-County Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Tennessee (TN) | 6 | $2.2M | 100.0% |
Why Choose Citizens Tri-County Bank?
Based on SBA 7(a) lending track record from 1993-2014
- ✓Proven Track Record: 6 SBA loans approved, totaling $2.2M in financing
- ✓Industry Expertise: Specialized focus on Sporting and Athletic Goods Manufacturing, Lessors of Other Real Estate Property, Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 133 months
- ✓Loan Range: Loan sizes from $66K to $587K, with an average of $369K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TN
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 Tri-County Bank SBA lending
What types of businesses does Citizens Tri-County Bank typically finance?
Citizens Tri-County Bank specializes in SBA 7(a) lending to specific industries including sporting and athletic goods manufacturing, lessors of other real estate property, laminated plastics plate, sheet (except packaging), and shape manufacturing. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Citizens Tri-County Bank's typical SBA loan terms?
Citizens Tri-County Bank's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 133 months (approximately 11 years). Loan sizes range from $66K to $587K, with an average loan size of $369K.
Do I need a business valuation for a Citizens Tri-County Bank SBA loan?
Yes, Citizens Tri-County Bank 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 Tri-County Bank compare to other SBA lenders?
Citizens Tri-County Bank has originated 6 SBA loans totaling $2.2M since 1993. 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 Tri-County Bank lend in?
Citizens Tri-County Bank provides SBA 7(a) financing with particularly strong presence in TN. 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.
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