City Bank
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by City Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238110 | Poured Concrete Foundation and Structure Contractors | 24 | $16.0M | $667K | 15.8% |
| 621391 | Offices of Podiatrists | 16 | $1.6M | $100K | 10.5% |
| 221310 | Water Supply and Irrigation Systems | 16 | $15.6M | $975K | 10.5% |
| 445298 | Other | 8 | $1.8M | $225K | 5.3% |
| 324121 | Asphalt Paving Mixture and Block Manufacturing | 8 | $1.8M | $222K | 5.3% |
| 332321 | Metal Window and Door Manufacturing | 8 | $960K | $120K | 5.3% |
| 236220 | Commercial and Institutional Building Construction | 8 | $800K | $100K | 5.3% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 8 | $800K | $100K | 5.3% |
| 327991 | Cut Stone and Stone Product Manufacturing | 8 | $2.0M | $250K | 5.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $1.2M | $150K | 5.3% |
Geographic Distribution
SBA lending activity for City Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Texas (TX) | 152 | $53.8M | 100.0% |
Why Choose City Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 152 SBA loans approved, totaling $53.8M in financing
- ✓Industry Expertise: Specialized focus on Poured Concrete Foundation and Structure Contractors, Offices of Podiatrists, Water Supply and Irrigation Systems
- ✓Competitive Terms: Average interest rate of 5.47% with flexible term lengths averaging 65 months
- ✓Loan Range: Loan sizes from $34K to $1.5M, with an average of $354K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in TX
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 City Bank SBA lending
What types of businesses does City Bank typically finance?
City Bank specializes in SBA 7(a) lending to specific industries including poured concrete foundation and structure contractors, offices of podiatrists, water supply and irrigation systems, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are City Bank's typical SBA loan terms?
City Bank's SBA 7(a) loans typically feature an average interest rate of 5.47% and average term length of 65 months (approximately 5 years). Loan sizes range from $34K to $1.5M, with an average loan size of $354K.
Do I need a business valuation for a City Bank SBA loan?
Yes, City 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 City Bank compare to other SBA lenders?
City Bank has originated 152 SBA loans totaling $53.8M 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 City Bank lend in?
City Bank provides SBA 7(a) financing with particularly strong presence in TX. 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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