SBA lender profile
Citizens Independent Bank
Citizens Independent Bank appears in the public SBA loan data with 11 funded 7(a) loans since FY2010, totaling $7.6M, an average of $691K per loan, and an estimated 334 jobs supported. Its SBA lending concentrates in Minnesota and the Construction sector. With only 11 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 Independent Bank the right lender for you?
Citizens Independent Bank appears in the SBA record with 11 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
- $317M
- Headquarters
- Saint Louis Park, MN
- FDIC cert
- #16863
- Status
- Active
Where Citizens Independent Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 11 | $7.6M |
What Citizens Independent Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 1 | $3.8M |
| Professional and Technical Services | 1 | $1.7M |
| Retail Trade | 3 | $925K |
| Accommodation and Food Services | 3 | $916K |
| Other Services | 2 | $230K |
| Real Estate | 1 | $72K |
Citizens Independent Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2012 | 1 | $200K |
| 2014 | 1 | $1.7M |
| 2017 | 1 | $150K |
| 2018 | 3 | $202K |
| 2019 | 1 | $136K |
| 2021 | 3 | $4.6M |
| 2023 | 1 | $675K |
Related SBA lenders
Other lenders active in Minnesota or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Citizens Independent Bank: frequently asked questions
Does Citizens Independent Bank offer SBA loans?
Yes. Citizens Independent Bank appears in the public SBA data with 11 funded SBA 7(a) loans totaling $7.6M.
How many SBA loans has Citizens Independent Bank made?
Citizens Independent Bank is associated with 11 SBA 7(a) loans totaling $7.6M in the public SBA data (as of 2026-03-31).
What is Citizens Independent Bank's SBA charge-off rate?
Citizens Independent Bank appears with only 11 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 Independent Bank do most of its SBA lending?
Citizens Independent Bank's SBA lending in the data is most concentrated in Minnesota, and by industry in Construction.
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 Independent Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/citizens-independent-bank/
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