Citibank, N.A.: SBA Lending Profile
Citibank, N.A. is an FDIC-insured bank, headquartered in Sioux Falls, SD. It is active in 11 states, concentrated around NY, CA, FL. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Citibank, N.A. actually approves
The median SBA approval at Citibank, N.A. is $90,000. The middle 80% of its loans fall between $20,000 and $1,863,200. The smallest funded approval in the available source window is $6,400 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Programs
| Program | Loans FY25-26 | Median size | Median rate | Median term |
|---|---|---|---|---|
| SBA 7(a) | 68 | $90K | 8% | 7 years |
| 504 first mortgage (third party) | 1 | $789K | n/a | 20 years |
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Residential Remodelers | 35 | 13.8% |
| Plumbing, Heating, and Air-Conditioning Contractors | 18 | 7.1% |
| Electrical Contractors and Other Wiring Installation Contractors | 14 | 5.5% |
| All Other Specialty Trade Contractors | 9 | 3.6% |
| Full-Service Restaurants | 7 | 2.8% |
| Finish Carpentry Contractors | 6 | 2.4% |
| Other Grocery and Related Products Merchant Wholesalers | 6 | 2.4% |
| General Freight Trucking, Long-Distance, Truckload | 6 | 2.4% |
| Offices of Lawyers | 6 | 2.4% |
| Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers | 5 | 2% |
| General Freight Trucking, Local | 5 | 2% |
| Tile and Terrazzo Contractors | 5 | 2% |
How fast Citibank, N.A. actually funds
Approval is not money in the bank. Across 222 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Citibank, N.A. is 11 days. Half its loans fund between 5 and 37 days. That is fast. The typical SBA lender takes about 20 days, and many take far longer.
Lending momentum
Citibank, N.A. has been pulling back. Approvals are down 43.9% from FY2023 to FY2025, which can mean tightened credit or a shift in strategy. Worth asking about before you invest time in an application.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Borrower profile
- only 4% of its funded SBA records with known business age went to startups, this lender works almost entirely with established businesses.
- Collateral was taken on 37.2% of its recent SBA loans.
- 47% of its SBA lending is revolving lines of credit rather than term loans.
- 50.2% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Citibank, N.A..