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SBA 7(a) record
Citizens Bank & Trust Co., Hutchinson, MN: SBA 7(a) loans made
Citizens Bank & Trust Co., Hutchinson, MN, a bank based in Hutchinson, MN, made 24 SBA 7(a) loans in the 36 months ending September 30, 2026, $1.7M in all, net of cancelled approvals. The typical loan was about $50K, and 3 were in the last 12 months. Most were in Minnesota.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 24
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $1.74M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $50K
- SBA FOIA,
- Largest loan
- $250K
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 3
- SBA FOIA,
Cite this
Source: The Lender Report, Citizens Bank & Trust Co., Hutchinson, MN: SBA 7(a) loans made, https://lender.report/lender/citizens-bank-and-trust-mn/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Minnesota | SBA 7(a), Meat Retailers | $190K | 7.25% | 7 yr | SBA FOIA | |
| Feb 2026 | Minnesota | SBA 7(a), Full-Service Restaurants | $25K | 7.25% | 7 yr | SBA FOIA | |
| Feb 2026 | Minnesota | SBA 7(a), Solid Waste Collection | $17K | 8.5% | 5 yr | SBA FOIA | |
| Sep 2025 | Minnesota | SBA 7(a), Information | $80K | 8% | 7 yr | SBA FOIA | |
| Aug 2025 | Minnesota | SBA 7(a), Clothing and Clothing Accessories Retailers | $30K | 8.5% | 10 yr | SBA FOIA | |
| May 2025 | Minnesota | SBA 7(a), Mobile Food Services | $50K | 8.5% | 7 yr | SBA FOIA | |
| May 2025 | Minnesota | SBA 7(a), Finish Carpentry Contractors | $20K | 9.75% | 3 yr | SBA FOIA | |
| Apr 2025 | Minnesota | SBA 7(a), Solid Waste Collection | $90K | 9.25% | 6 yr | SBA FOIA | |
| Apr 2025 | Minnesota | SBA 7(a), Gift, Novelty, and Souvenir Retailers | $21K | 10% | 5 yr | SBA FOIA | |
| Apr 2025 | Minnesota | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $20K | 10% | 7 yr | SBA FOIA | |
| Mar 2025 | Minnesota | SBA 7(a), All Other Miscellaneous Retailers | $80K | 8% | 7 yr | SBA FOIA | |
| Mar 2025 | Minnesota | SBA 7(a), Other Building Finishing Contractors | $32K | 8.5% | 5 yr | SBA FOIA | |
| Mar 2025 | Minnesota | SBA 7(a), Offices of Physical, Occupational and Speech Therapists, and Audiologists | $25K | 9% | 10 yr | SBA FOIA | |
| Mar 2025 | Minnesota | SBA 7(a), Other Building Finishing Contractors | $25K | 9% | 10 yr | SBA FOIA | |
| Dec 2024 | Minnesota | SBA 7(a), Information | $50K | 8.75% | 10 yr | SBA FOIA | |
| Dec 2024 | Minnesota | SBA 7(a), Sign Manufacturing | $34K | 8% | 7 yr | SBA FOIA | |
| Aug 2024 | Minnesota | SBA 7(a), Manufacturing | $150K | 10.5% | 7 yr | SBA FOIA | |
| Aug 2024 | Minnesota | SBA 7(a), Manufacturing | $50K | 10.5% | 7 yr | SBA FOIA | |
| Jul 2024 | Minnesota | SBA 7(a), Boat Dealers | $250K | 9.5% | 7 yr | SBA FOIA | |
| Jun 2024 | Minnesota | SBA 7(a), Offices of Dentists | $150K | 9.25% | 10 yr | SBA FOIA | |
| Jun 2024 | Minnesota | SBA 7(a), Sign Manufacturing | $5K | 9.5% | 7 yr | SBA FOIA | |
| Mar 2024 | Minnesota | SBA 7(a), Limited-Service Restaurants | $150K | 9.5% | 7 yr | SBA FOIA | |
| Mar 2024 | Minnesota | SBA 7(a), Limited-Service Restaurants | $110K | 9% | 7 yr | SBA FOIA | |
| Dec 2023 | Minnesota | SBA 7(a), Drinking Places (Alcoholic Beverages) | $85K | 8.75% | 9 yr | SBA FOIA | |
| 24 SBA 7(a) loans since October 2023, net of cancelled | $1.74M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Minnesota | 24 | $1.74M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 19 | $849K |
| $150K to $350K | 5 | $890K |
| $350K to $1M | 0 | $0 |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 1 | $85.0K |
| 2024 Q1 | 2 | $260K |
| 2024 Q2 | 2 | $155K |
| 2024 Q3 | 3 | $450K |
| 2024 Q4 | 2 | $84.0K |
| 2025 Q1 | 4 | $162K |
| 2025 Q2 | 5 | $201K |
| 2025 Q3 | 2 | $110K |
| 2026 Q1 | 2 | $42.0K |
| 2026 Q3 | 1 | $190K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Information | 2 |
| Limited-Service Restaurants (722513) | 2 |
| Manufacturing | 2 |
| Other Building Finishing Contractors (238390) | 2 |
| Sign Manufacturing (339950) | 2 |
| Solid Waste Collection (562111) | 2 |
| All Other Miscellaneous Retailers (459999) | 1 |
| Boat Dealers (441222) | 1 |
| Clothing and Clothing Accessories Retailers (458110) | 1 |
| Drinking Places (Alcoholic Beverages) (722410) | 1 |
| Finish Carpentry Contractors (238350) | 1 |
| Full-Service Restaurants (722511) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 24 |
- Citizens Bank & Trust Co., Hutchinson, MN made 24 SBA 7(a) loans totaling $1.7M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- 3 of them were in the 12 months to September 30, 2026, and 13 in the 12 months before. SBA FOIA,
- The typical loan was about $50K, with the middle half between $25K and $110K. SBA FOIA,
- The largest was about $250K. Every amount is rounded to 2 significant figures. SBA FOIA,
- 19 loans were under $150K, and 0 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.00% on 24 loans, with the middle half between 8.50% and 9.50%. SBA FOIA,
- The median term was 7 years. SBA FOIA,
- Its loans went most often to Information, with 2. SBA FOIA,
- The SBA file lists 24 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Minnesota (24). SBA FOIA,
What we don't know
- Whether Citizens Bank & Trust Co., Hutchinson, MN is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.