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Citizens Bank, National Association is one of the nation's oldest and largest financial institutions headquartered in Providence, Rhode Island. The bank offers a comprehensive range of retail and commercial banking products and services including checking, savings, lending, wealth management, and small business solutions across multiple states in the New England, Mid-Atlantic, and Midwest regions.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$410K
Average
$710K
Sweet Spot
$0-$500K
Industries with highest loan volume
Coin-Operated Laundries and Drycleaners
1
loans
$293K
avg. amount
Coin-Operated Laundries and Drycleaners
1
loans
$293K
avg
Full-Service Restaurants
1
loans
$360K
avg. amount
Full-Service Restaurants
1
loans
$360K
avg
Medical Laboratories
1
loans
$284K
avg. amount
Medical Laboratories
1
loans
$284K
avg
All Other Home Furnishings Retailers
1
loans
$295K
avg. amount
All Other Home Furnishings Retailers
1
loans
$295K
avg
Beauty Salons
1
loans
$459K
avg. amount
Beauty Salons
1
loans
$459K
avg
All Other Legal Services
1
loans
$755K
avg. amount
All Other Legal Services
1
loans
$755K
avg
All Other Professional, Scientific, and Technical Services
1
loans
$300K
avg. amount
All Other Professional, Scientific, and Technical Services
1
loans
$300K
avg
Child Care Services
1
loans
$2.8M
avg. amount
Child Care Services
1
loans
$2.8M
avg
Offices of Optometrists
1
loans
$1.0M
avg. amount
Offices of Optometrists
1
loans
$1.0M
avg
All Other Amusement and Recreation Industries
1
loans
$567K
avg. amount
All Other Amusement and Recreation Industries
1
loans
$567K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $500K-$1M | Prime + 3.00% |
| $2M-$3M | Prime + 2.75% |
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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