Citizens Bank approved 1,140 SBA loans worth $832.1M between October 2021 and June 2026, ranking #40 of 2,283 SBA lenders nationally by loan count. Its median loan was $500,000, and 70% went to startups or businesses under two years old. It lent in 45 states, most often in Texas, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Texas | 160 | $135.8M | $502,600 | #30 |
| Florida | 136 | $89.4M | $491,850 | #30 |
| California | 107 | $65.2M | $489,600 | #59 |
| Georgia | 99 | $82.8M | $500,000 | #24 |
| North Carolina | 75 | $63.2M | $500,000 | #27 |
| Virginia | 46 | $27.4M | $500,000 | #32 |
| Utah | 45 | $31.6M | $500,000 | #28 |
| Tennessee | 38 | $24.4M | $490,500 | #19 |
| Colorado | 36 | $22.1M | $499,300 | #42 |
| South Carolina | 34 | $25.1M | $507,500 | #24 |
| Illinois | 29 | $27.9M | $632,000 | #51 |
| Michigan | 27 | $18.7M | $475,500 | #46 |
| Arizona | 25 | $16.7M | $494,500 | #46 |
| Washington | 22 | $13.8M | $500,000 | #55 |
| Louisiana | 21 | $16.2M | $523,900 | #28 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 253 | $500,000 | |
| Retail | 180 | $611,600 | |
| Arts, entertainment and recreation | 175 | $500,000 | |
| Other services (repair, personal care) | 150 | $500,000 | |
| Health care and social assistance | 135 | $481,800 | |
| Administrative and support services | 88 | $379,600 | |
| Construction | 50 | $405,100 | |
| Professional and technical services | 34 | $441,900 | |
| Manufacturing | 21 | $626,600 | |
| Transportation and warehousing | 20 | $475,900 |