SBA lender profile
Citizens Bank Minnesota
Citizens Bank Minnesota appears in the public SBA loan data with 14 funded 7(a) loans since FY2010, totaling $10.9M, an average of $776K per loan, and an estimated 109 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. With only 14 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
Is Citizens Bank Minnesota the right lender for you?
Citizens Bank Minnesota appears in the SBA record with 14 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $590M
- Headquarters
- New Ulm, MN
- FDIC cert
- #8200
- Status
- Active
Where Citizens Bank Minnesota lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 14 | $10.9M |
What Citizens Bank Minnesota funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 5 | $9.0M |
| Wholesale Trade | 1 | $1.2M |
| Construction | 6 | $385K |
| Accommodation and Food Services | 1 | $228K |
| Other Services | 1 | $50K |
Citizens Bank Minnesota SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $513K |
| 2011 | 2 | $1.3M |
| 2018 | 1 | $2.0M |
| 2019 | 1 | $2.0M |
| 2020 | 1 | $2.0M |
| 2021 | 2 | $2.0M |
| 2022 | 1 | $50K |
| 2024 | 1 | $1.0M |
Related SBA lenders
Other lenders active in Minnesota or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
Citizens Bank Minnesota: frequently asked questions
Does Citizens Bank Minnesota offer SBA loans?
Yes. Citizens Bank Minnesota appears in the public SBA data with 14 funded SBA 7(a) loans totaling $10.9M.
How many SBA loans has Citizens Bank Minnesota made?
Citizens Bank Minnesota is associated with 14 SBA 7(a) loans totaling $10.9M in the public SBA data (as of 2026-03-31).
What is Citizens Bank Minnesota's SBA charge-off rate?
Citizens Bank Minnesota appears with only 14 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Citizens Bank Minnesota do most of its SBA lending?
Citizens Bank Minnesota's SBA lending in the data is most concentrated in Minnesota, and by industry in Manufacturing.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Citizens Bank Minnesota SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/citizens-bank-minnesota/
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