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Bank · Mason City, IA

First Citizens Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
27
SBA loans approved
$4.1M
Total approved
$130,000
Median loan
2
States lent in
41%
To startups
#769
National rank by loans

First Citizens Bank approved 27 SBA loans worth $4.1M between October 2021 and June 2026, ranking #769 of 2,283 SBA lenders nationally by loan count. Its median loan was $130,000, and 41% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was retail.

SBA loans per fiscal year

0102030FY14: 15 loansFY14FY15: 17 loansFY15FY16: 15 loansFY16FY17: 12 loansFY17FY18: 17 loansFY18FY19: 20 loansFY19FY20: 15 loansFY20FY21: 13 loansFY21FY22: 21 loansFY2221FY23: 4 loansFY23FY24: 1 loansFY24FY25FY26 (Oct to Jun): 1 loansFY261
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where First Citizens Bank lends

StateLoansApprovedMedian loanRank in state
Minnesota19$2.4M$95,000#66
Iowa8$1.7M$177,500#48

Industries First Citizens Bank finances

IndustryLoansShareMedian loan
Retail7
26%
$130,800
Transportation and warehousing6
22%
$119,800
Construction4
15%
$122,500
Other services (repair, personal care)4
15%
$337,500
Arts, entertainment and recreation1
4%
$90,000
Agriculture, forestry and fishing1
4%
$55,000
Mining and oil and gas1
4%
$130,000
Manufacturing1
4%
$350,000
Health care and social assistance1
4%
$110,000
Utilities1
4%
$50,000
Loan size mix
  • Under $150,00063%
  • $150,000 to $500,00033%
  • $500,000 to $2 million4%
  • $2 million and up0%
Loan programs used
  • SBA Express74%
  • Preferred Lender (PLP)26%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.