Citibank approved 250 SBA loans worth $109.0M between October 2021 and June 2026, ranking #172 of 2,283 SBA lenders nationally by loan count. Its median loan was $88,000, and 4% went to startups or businesses under two years old. It lent in 11 states, most often in New York, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 98 | $29.7M | $77,500 | #32 |
| California | 85 | $24.6M | $76,000 | #68 |
| Florida | 24 | $24.5M | $275,000 | #106 |
| Illinois | 17 | $11.2M | $98,000 | #80 |
| Connecticut | 7 | $292K | $43,500 | #54 |
| New Jersey | 7 | $7.3M | $830,000 | #100 |
| Texas | 5 | $6.4M | $1,109,000 | #261 |
| Maryland | 3 | $560K | $30,000 | #114 |
| Virginia | 2 | $400K | $200,000 | #159 |
| District of Columbia | 1 | $25K | $25,000 | #88 |
| Massachusetts | 1 | $3.9M | $3,900,000 | #216 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 110 | $50,000 | |
| Professional and technical services | 20 | $500,000 | |
| Wholesale trade | 18 | $666,400 | |
| Other services (repair, personal care) | 17 | $60,000 | |
| Transportation and warehousing | 16 | $37,500 | |
| Manufacturing | 14 | $796,500 | |
| Restaurants and hotels | 12 | $78,000 | |
| Retail | 10 | $100,000 | |
| Health care and social assistance | 10 | $373,850 | |
| Education | 6 | $29,500 |