States Served
Top Industries Financed
- General Freight Trucking, Local
- Industrial Mold Manufacturing
- General Freight Trucking, Long Distance, Truckload
- Septic Tank and Related Services
- All Other Miscellaneous Store Retailers (except Tobacco Stores)
Quick Summary
First Citizens Bank is an SBA-approved lender headquartered in Mason City, Iowa. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 54 SBA 7(a) loans totaling $9.1M, with an average loan size of $168K. They serve businesses across 3 states.
About First Citizens Bank
First Citizens Bank is an SBA-approved lender headquartered in Mason City, Iowa. Since 2020, they have approved 54 SBA 7(a) loans totaling $9.1M, with an average loan size of $168K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is First Citizens Bank an SBA Preferred Lender?
Yes, First Citizens Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has First Citizens Bank approved?
According to SBA FOIA public records, First Citizens Bank has approved 54 SBA 7(a) loans totaling $9.1M since 2020. Their average loan size is $168K.
What states does First Citizens Bank serve?
First Citizens Bank serves businesses in 3 states: Iowa, Minnesota, North Dakota.
How do I apply for an SBA loan with First Citizens Bank?
To apply for an SBA 7(a) loan with First Citizens Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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