City National Bank
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by City National Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 160 | $177.5M | $1.1M | 5.0% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 120 | $148.5M | $1.2M | 3.7% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 80 | $130.5M | $1.6M | 2.5% |
| 541990 | All Other Professional, Scientific, and Technical Services | 80 | $27.4M | $343K | 2.5% |
| 424350 | Other | 72 | $186.8M | $2.6M | 2.2% |
| 722513 | Limited-Service Restaurants | 72 | $80.3M | $1.1M | 2.2% |
| 621210 | Offices of Dentists | 64 | $70.5M | $1.1M | 2.0% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 56 | $13.4M | $239K | 1.7% |
| 541519 | Other Computer Related Services | 56 | $34.9M | $623K | 1.7% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 56 | $69.4M | $1.2M | 1.7% |
Geographic Distribution
SBA lending activity for City National Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 2,464 | $2.96B | 76.2% |
| Nevada (NV) | 168 | $281.0M | 5.2% |
| New York (NY) | 88 | $175.7M | 2.7% |
| Arizona (AZ) | 176 | $158.3M | 5.4% |
| Georgia (GA) | 40 | $52.8M | 1.2% |
| New Jersey (NJ) | 64 | $50.0M | 2.0% |
| Texas (TX) | 32 | $43.4M | 1.0% |
| Colorado (CO) | 8 | $37.9M | 0.2% |
| District of Columbia (DC) | 32 | $37.6M | 1.0% |
| Tennessee (TN) | 32 | $35.0M | 1.0% |
| Maryland (MD) | 24 | $23.8M | 0.7% |
| Illinois (IL) | 8 | $23.6M | 0.2% |
| Florida (FL) | 32 | $20.1M | 1.0% |
| Connecticut (CT) | 8 | $5.1M | 0.2% |
| Pennsylvania (PA) | 8 | $4.6M | 0.2% |
| Wyoming (WY) | 8 | $4.1M | 0.2% |
| Massachusetts (MA) | 16 | $4.0M | 0.5% |
| Washington (WA) | 8 | $4.0M | 0.2% |
| Oregon (OR) | 8 | $2.9M | 0.2% |
| Iowa (IA) | 8 | $2.0M | 0.2% |
Why Choose City National Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 3,232 SBA loans approved, totaling $3.92B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Offices of Physicians (except Mental Health Specialists), Plumbing, Heating, and Air-Conditioning Contractors
- ✓Competitive Terms: Average interest rate of 6.65% with flexible term lengths averaging 201 months
- ✓Loan Range: Loan sizes from $20K to $5.0M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 20 states, with strong presence in CA, AZ, NV
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 National Bank SBA lending
What types of businesses does City National Bank typically finance?
City National Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, offices of physicians (except mental health specialists), plumbing, heating, and air-conditioning contractors, all other professional, scientific, and technical services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are City National Bank's typical SBA loan terms?
City National Bank's SBA 7(a) loans typically feature an average interest rate of 6.65% and average term length of 201 months (approximately 17 years). Loan sizes range from $20K to $5.0M, with an average loan size of $1.2M.
Do I need a business valuation for a City National Bank SBA loan?
Yes, City National 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 National Bank compare to other SBA lenders?
City National Bank has originated 3,232 SBA loans totaling $3.92B 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 National Bank lend in?
City National Bank provides SBA 7(a) financing with particularly strong presence in CA, AZ, NV, NY, NJ. 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.
Get your certified valuation from Fair Market Value.