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SBA lender · 7(a) program
Citizens State Bank
Citizens State Bank has approved 185 SBA loans worth $58.5M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
#682
0.01% of all SBA dollars
Total approved
$58.5M
FY2010 onward
Loans
185
Median loan
$147,600
-18% vs national
Median rate
6.00%
-0.75 pts vs national
Charge-off rate
8.1%
87 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Citizens State Bank’s numbers say
Citizens State Bank sits in the long tail of the SBA lending field, having approved 185 loans for a gross total of $58.5M since fiscal 2010. Its median loan of $147,600 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 6.00%, 0.75 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 8.1% were charged off, right at the national figure. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 34% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally.
What it lends against
Franchise brands Citizens State Bank financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Chiroway | 4 | $270K | |
| Stretch Zone | 2 | $100K | |
| D-Bat | 2 | $704K | |
| The Grounds Guys | 1 | $80K | |
| Real Deals on Home Decor | 1 | $142K | |
| Scooter's Coffee | 1 | $126K |
Brands with the most Citizens State Bank SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
Citizens State Bank made 70 of these loans under the SBA Express programme, median $65,000. Compare SBA Express lenders.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
A different SBA 7(a) lender
SmartBiz is a separate company from Citizens State Bank. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Questions about Citizens State Bank
- How many SBA loans has Citizens State Bank approved?
- Citizens State Bank has approved 185 SBA loans totalling $58,542,900 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical Citizens State Bank SBA loan size?
- The median gross approval is $147,600, with the middle 80% of loans falling between $30,000 and $800,000. The national median across all SBA lenders is $180,000.
- What interest rate does Citizens State Bank charge on SBA 7(a) loans?
- The median initial note rate on Citizens State Bank's 7(a) approvals is 6.00%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is Citizens State Bank's SBA loan charge-off rate?
- 8.1% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
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