States › Montana › Missoula County
County4th of 47 in Montana by approvalsFIPS 30063
SBA loans in Missoula County, Montana
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Missoula County, Montana, received 126 SBA loan approvals worth $57.5M in FY2021 to FY2025 (95 7(a), 31 504).
That is 26.2 approvals per 1,000 business establishments (4,816 establishments in 2023), close to the Montana figure of 30.8 and below the national 41.0.
It ranks 4th of 47 Montana counties with approvals. In FY2025 there were 32, up 33% on FY2024.
35 lenders had approvals here; the most active were Capital Matrix, Inc. (21), Glacier Bank (17) and U.S. Bank, National Association (12). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Missoula County
By number of approvals to businesses in the county, FY2021–FY2025; 35 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Capital Matrix, Inc.Boise, ID · CDC | 21 | $13.4M | 16.7% | |
| 2 | Glacier BankKalispell, MT | 17 | $6.4M | 13.5% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 12 | $1.9M | 9.5% | |
| 4 | Big Sky Economic Development CorporationBillings, MT · CDC | 8 | $3.4M | 6.3% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 6 | $4.9M | 4.8% | |
| 6 | Mountain America FCUSandy, UT | 6 | $4.4M | 4.8% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $1.1M | 4.0% | |
| 8 | Northeast BankLewiston, ME | 5 | $568K | 4.0% | |
| 9 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $956K | 3.2% | |
| 10 | First Interstate BankBillings, MT | 4 | $515K | 3.2% | |
| 11 | Montana Community Development Corp.Missoula, MT | 4 | $399K | 3.2% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 3 | $2.5M | 2.4% | |
| 13 | First Montana Bank, Inc.Missoula, MT | 2 | — | 1.6% | |
| 14 | First Internet Bank of IndianaFishers, IN | 2 | — | 1.6% | |
| 15 | Farmers State BankVictor, MT | 2 | — | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 9.5% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 10 | 7.9% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 8 | 6.3% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 7 | 5.6% | |
| 5 | Personal Care ServicesNAICS 8121 | 4 | 3.2% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 2.4% | |
| 7 | Business Support ServicesNAICS 5614 | 3 | 2.4% | |
| 8 | Medical Equipment and Supplies ManufacturingNAICS 3391 | 3 | 2.4% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 2.4% | |
| 10 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 3 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 20 | 15.9% | |
| 2 | Accommodation and Food Services | 18 | 14.3% | |
| 3 | Other Services (except Public Administration) | 17 | 13.5% | |
| 4 | Retail Trade | 15 | 11.9% | |
| 5 | Professional, Scientific, and Technical Services | 13 | 10.3% | |
| 6 | Health Care and Social Assistance | 12 | 9.5% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 9 | 7.1% | |
| 8 | Manufacturing | 7 | 5.6% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 9 | $1.2M | $102K | 6 | $2.2M | 15 | 66 |
| FY2025 | 28 | $12.1M | $150K | 4 | $2.5M | 32 | 368 |
| FY2024 | 21 | $9.9M | $142K | 3 | $1.5M | 24 | 242 |
| FY2023 | 11 | $3.3M | $175K | 2 | — | 13 | 119 |
| FY2022 | 15 | $6.1M | $200K | 7 | $8.5M | 22 | 176 |
| FY2021 | 20 | $8.3M | $220K | 15 | $4.7M | 35 | 303 |
| FY2020 | 11 | $9.0M | $245K | 2 | — | 13 | 235 |
| FY2019 | 23 | $6.5M | $150K | 4 | $4.1M | 27 | 293 |
| FY2018 | 9 | $2.9M | $180K | 0 | — | 9 | 45 |
| FY2017 | 25 | $9.5M | $140K | 3 | $832K | 28 | 327 |
| FY2016 | 40 | $13.3M | $150K | 3 | $6.2M | 43 | 437 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 120 approvals.
Against Montana and the country
| FY2021–FY2025 | Missoula County | Montana | United States |
|---|---|---|---|
| Approvals | 126 | 1,312 | 342,825 |
| Approvals per 1,000 establishments | 26.2 | 30.8 | 41.0 |
| Median 7(a) approval | $150K | $200K | $190K |
| Median 504 approval | $302K | $469K | $657K |
| Average approval | $457K | $561K | $573K |
| 504 share of approvals | 24.6% | 17.9% | 11.0% |
| Jobs supported per approval, as reported | 9.6 | 9.7 | 10.5 |
| Share of state approvals | 9.6% | 100.0% | — |
Approval sizes
- $50,000 or less21.4%27
- $50,001 to $150,00019.8%25
- $150,001 to $350,00022.2%28
- $350,001 to $1 million24.6%31
- $1 million to $2 million7.1%9
- Over $2 million4.8%6
Age of the businesses
- Existing, more than 2 years old57.1%72
- New business, 2 years or less15.1%19
- Startup, loan funds will open the business19.0%24
- Change of ownership8.7%11
Questions and answers
Which lenders make the most SBA loans in Missoula County?
By approvals in FY2021 to FY2025: Capital Matrix, Inc. (21), Glacier Bank (17), U.S. Bank, National Association (12), Big Sky Economic Development Corporation (8), Newtek Bank, National Association (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Missoula County?
The median 7(a) approval was $150K and the median 504 approval $302K; the Montana 7(a) median was $200K.
Which industries get the most SBA loans in Missoula County?
Restaurants and Other Eating Places (12); Automotive Repair and Maintenance (10); Offices of Other Health Practitioners (8); Building Equipment Contractors (7); Personal Care Services (4).
Is SBA lending in Missoula County rising?
Approvals in the three latest complete fiscal years total 69, against 70 in the three before: broadly level (-1%).
How does Missoula County compare with the rest of Montana?
26.2 approvals per 1,000 establishments against 30.8 statewide, and 126 of the state's 1,312 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error