Citizens Bank, National Association
Headquartered in PROVIDENCE, RI. Analysis based on 534 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $359.4M.
Total 7(a) loans
534
Total approved
$359.4M
Average loan
$673K
States funded in
17
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
20.75%
Average rate
8.41%
Average term
152 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 23 |
| 722513 | Limited-Service Restaurants | 16 |
| 238350 | Finish Carpentry Contractors | 11 |
| 541990 | All Other Professional, Scientific, and Technical Services | 11 |
| 541511 | Custom Computer Programming Services | 10 |
| 238990 | All Other Specialty Trade Contractors | 10 |
| 811111 | General Automotive Repair | 10 |
| 561730 | Landscaping Services | 9 |
| 238210 | Electrical Contractors | 8 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 8 |
Top 10 states
| State | Loans |
|---|---|
| MA | 107 |
| PA | 72 |
| MI | 70 |
| RI | 52 |
| NY | 52 |
| CT | 46 |
| NJ | 39 |
| OH | 38 |
| NH | 30 |
| FL | 11 |
Top franchise brands financed
27 franchise loans across 24 distinct brands.
| Franchise | Loans |
|---|---|
| Edible Arrangements | 2 |
| Dairy Queen - Store Agreement | 2 |
| Komptech Americas LLC - Distri | 2 |
| Freshii | 1 |
| Tire Pros | 1 |
| Pump It Up | 1 |
| USA MOBILE DRUG TESTING | 1 |
| CertaPro Painters | 1 |
| Tropical Smoothie Cafe | 1 |
| VP Racing Fuels, Inc. - Brande | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.