Citizens Bank & Trust Co
MN
SBA-approved lender offering 7 loan programs across 10 industries.
Key Metrics
Interest Rate
8.84%
2.09% over prime
Average Loan
$43K
Per approval
Total Approvals
13
FY 2025
Loan Programs (7)
7a General
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 (10)
Employment Placement AgenciesFinish Carpentry ContractorsFull-Service RestaurantsMobile Food ServicesOffices of Physical, Occupational and Speech Therapists, and AudiologiOther Building Finishing ContractorsPromoters of Performing Arts, Sports, and Similar Events with FacilitiSnack and Nonalcoholic Beverage BarsSolid Waste CollectionSupermarkets and Other Grocery (except Convenience) Stores
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.09%
- Effective Rate
- 8.84%
- Fiscal Year
- 2025
- States Served
- MN
- Website
- www.citizensmn.bank
Ready to apply with Citizens Bank & Trust Co?
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