First Citizens State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by First Citizens State Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 40 | $32.7M | $818K | 23.8% |
| 722511 | Full-Service Restaurants | 24 | $7.5M | $310K | 14.3% |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 16 | $6.3M | $391K | 9.5% |
| 238210 | Electrical Contractors | 8 | $4.0M | $500K | 4.8% |
| 441210 | Recreational Vehicle Dealers | 8 | $12.2M | $1.5M | 4.8% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 8 | $230K | $29K | 4.8% |
| 311111 | Dog and Cat Food Manufacturing | 8 | $4.4M | $550K | 4.8% |
| 423990 | Other Miscellaneous Durable Goods Merchant Wholesalers | 8 | $6.4M | $800K | 4.8% |
| 423450 | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal | 8 | $4.0M | $500K | 4.8% |
| 611620 | Sports and Recreation Instruction | 8 | $2.2M | $273K | 4.8% |
Geographic Distribution
SBA lending activity for First Citizens State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 152 | $90.3M | 90.5% |
| Kansas (KS) | 16 | $6.9M | 9.5% |
Why Choose First Citizens State Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 168 SBA loans approved, totaling $97.2M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Lessors of Nonresidential Buildings (except Miniwarehouses)
- ✓Competitive Terms: Average interest rate of 6.57% with flexible term lengths averaging 147 months
- ✓Loan Range: Loan sizes from $29K to $1.5M, with an average of $579K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WI, KS
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 State Bank SBA lending
What types of businesses does First Citizens State Bank typically finance?
First Citizens State Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, full-service restaurants, lessors of nonresidential buildings (except miniwarehouses), electrical contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are First Citizens State Bank's typical SBA loan terms?
First Citizens State Bank's SBA 7(a) loans typically feature an average interest rate of 6.57% and average term length of 147 months (approximately 12 years). Loan sizes range from $29K to $1.5M, with an average loan size of $579K.
Do I need a business valuation for a First Citizens State Bank SBA loan?
Yes, First Citizens State 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 First Citizens State Bank compare to other SBA lenders?
First Citizens State Bank has originated 168 SBA loans totaling $97.2M 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 State Bank lend in?
First Citizens State Bank provides SBA 7(a) financing with particularly strong presence in WI, KS. 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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