Citizens Bank, National Association

RI

SBA-approved lender offering 6 loan programs across 27 industries.

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Key Metrics

Interest Rate

9.48%

2.73% over prime

Average Loan

$589K

Per approval

Total Approvals

110

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program

Industries Served (27)

All Other Professional, Scientific, and Technical ServicesChild Day Care ServicesCustom Computer Programming ServicesData Processing, Hosting, and Related ServicesFinish Carpentry ContractorsFull-Service RestaurantsGeneral Line Grocery Merchant WholesalersHome CentersHome Health Care ServicesHuman Resources and Executive Search Consulting ServicesIndustrial Building ConstructionLandscaping ServicesLimited-Service RestaurantsMedical LaboratoriesMotion Picture and Video ProductionNail SalonsOffices of All Other Miscellaneous Health PractitionersOffices of LawyersOffices of OptometristsOffices of Other Holding CompaniesOther Computer Related ServicesOther Personal Care ServicesOther Pressed and Blown Glass and Glassware ManufacturingOutpatient Mental Health and Substance Abuse CentersPainting and Wall Covering ContractorsPlumbing, Heating, and Air-Conditioning ContractorsSupermarkets and Other Grocery (except Convenience) Stores

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.73%
Effective Rate
9.48%
Fiscal Year
2025
States Served
RI

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