First-Citizens Bank & Trust Company
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by First-Citizens Bank & Trust Company
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 424 | $578.0M | $1.4M | 8.2% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 304 | $314.0M | $1.0M | 5.9% |
| 621310 | Offices of Chiropractors | 176 | $107.2M | $609K | 3.4% |
| 722511 | Full-Service Restaurants | 152 | $182.5M | $1.2M | 2.9% |
| 446110 | Pharmacies and Drug Stores | 120 | $66.0M | $550K | 2.3% |
| 624410 | Child Day Care Services | 120 | $173.2M | $1.4M | 2.3% |
| 541211 | Offices of Certified Public Accountants | 104 | $132.2M | $1.3M | 2.0% |
| 541110 | Offices of Lawyers | 96 | $91.5M | $953K | 1.9% |
| 811111 | General Automotive Repair | 96 | $79.5M | $828K | 1.9% |
| 541940 | Veterinary Services | 88 | $149.1M | $1.7M | 1.7% |
Geographic Distribution
SBA lending activity for First-Citizens Bank & Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 1,296 | $1.31B | 25.0% |
| North Carolina (NC) | 600 | $489.4M | 11.6% |
| South Carolina (SC) | 464 | $468.2M | 9.0% |
| Washington (WA) | 344 | $413.1M | 6.6% |
| Texas (TX) | 336 | $409.6M | 6.5% |
| Georgia (GA) | 368 | $392.9M | 7.1% |
| Florida (FL) | 504 | $392.6M | 9.7% |
| Virginia (VA) | 248 | $268.1M | 4.8% |
| Tennessee (TN) | 144 | $163.0M | 2.8% |
| Colorado (CO) | 152 | $139.5M | 2.9% |
| Arizona (AZ) | 208 | $129.5M | 4.0% |
| Maryland (MD) | 80 | $119.2M | 1.5% |
| New Mexico (NM) | 80 | $110.7M | 1.5% |
| Oregon (OR) | 64 | $95.9M | 1.2% |
| Kansas (KS) | 48 | $50.2M | 0.9% |
| Ohio (OH) | 8 | $36.0M | 0.2% |
| Massachusetts (MA) | 24 | $31.6M | 0.5% |
| West Virginia (WV) | 16 | $26.1M | 0.3% |
| Wisconsin (WI) | 40 | $25.0M | 0.8% |
| Louisiana (LA) | 16 | $17.6M | 0.3% |
| Nevada (NV) | 32 | $15.2M | 0.6% |
| Missouri (MO) | 16 | $12.0M | 0.3% |
| Montana (MT) | 8 | $10.4M | 0.2% |
| District of Columbia (DC) | 16 | $8.9M | 0.3% |
| Oklahoma (OK) | 24 | $8.8M | 0.5% |
| Maine (ME) | 8 | $3.7M | 0.2% |
| Michigan (MI) | 8 | $2.8M | 0.2% |
| New York (NY) | 8 | $1.6M | 0.2% |
| Nebraska (NE) | 8 | $1.6M | 0.2% |
| Illinois (IL) | 8 | $1.2M | 0.2% |
Why Choose First-Citizens Bank & Trust Company?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 5,176 SBA loans approved, totaling $5.15B in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Offices of Physicians (except Mental Health Specialists), Offices of Chiropractors
- ✓Competitive Terms: Average interest rate of 7.41% with flexible term lengths averaging 186 months
- ✓Loan Range: Loan sizes from $50K to $5.0M, with an average of $996K
- ✓Nationwide Reach: Active lending in 30 states, with strong presence in CA, NC, FL
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 First-Citizens Bank & Trust Company SBA lending
What types of businesses does First-Citizens Bank & Trust Company typically finance?
First-Citizens Bank & Trust Company specializes in SBA 7(a) lending to specific industries including offices of dentists, offices of physicians (except mental health specialists), offices of chiropractors, full-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First-Citizens Bank & Trust Company's typical SBA loan terms?
First-Citizens Bank & Trust Company's SBA 7(a) loans typically feature an average interest rate of 7.41% and average term length of 186 months (approximately 16 years). Loan sizes range from $50K to $5.0M, with an average loan size of $996K.
Do I need a business valuation for a First-Citizens Bank & Trust Company SBA loan?
Yes, First-Citizens Bank & Trust Company 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 First-Citizens Bank & Trust Company compare to other SBA lenders?
First-Citizens Bank & Trust Company has originated 5,176 SBA loans totaling $5.15B 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 First-Citizens Bank & Trust Company lend in?
First-Citizens Bank & Trust Company provides SBA 7(a) financing with particularly strong presence in CA, NC, FL, SC, GA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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