Citizens State Bank approved 55 SBA loans worth $16.5M between October 2021 and June 2026, ranking #530 of 2,283 SBA lenders nationally by loan count. Its median loan was $147,600, and 47% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was health care and social assistance.
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 15 | $148,700 | |
| Restaurants and hotels | 6 | $113,000 | |
| Other services (repair, personal care) | 6 | $200,000 | |
| Professional and technical services | 6 | $62,500 | |
| Manufacturing | 5 | $350,000 | |
| Arts, entertainment and recreation | 5 | $75,000 | |
| Construction | 3 | $50,000 | |
| Retail | 3 | $149,900 | |
| Transportation and warehousing | 2 | $25,000 | |
| Wholesale trade | 2 | $1,515,200 |