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County8th of 47 in Montana by approvalsFIPS 30081
SBA loans in Ravalli 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 Ravalli County, Montana, received 42 SBA loan approvals worth $19.5M in FY2021 to FY2025 (35 7(a), 7 504).
That is 24.5 approvals per 1,000 business establishments (1,715 establishments in 2023), below the Montana figure of 30.8 and below the national 41.0.
It ranks 8th of 47 Montana counties with approvals. In FY2025 there were 16, up 45% on FY2024.
21 lenders had approvals here; the most active were Capital Matrix, Inc. (4), U.S. Bank, National Association (4) and Readycap Lending, LLC (3). 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 Ravalli County
By number of approvals to businesses in the county, FY2021–FY2025; 21 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Capital Matrix, Inc.Boise, ID · CDC | 4 | $1.7M | 9.5% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 4 | $61K | 9.5% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $2.0M | 7.1% | |
| 4 | Big Sky Economic Development CorporationBillings, MT · CDC | 3 | $909K | 7.1% | |
| 5 | Montana Community Development Corp.Missoula, MT | 3 | $315K | 7.1% | |
| 6 | Northeast BankLewiston, ME | 3 | $131K | 7.1% | |
| 7 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $50K | 7.1% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 2 | — | 4.8% | |
| 9 | Meridian BankMalvern, PA | 2 | — | 4.8% | |
| 10 | Valley Bank of RonanRonan, MT | 2 | — | 4.8% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.8% | |
| 12 | Mountain America FCUSandy, UT | 2 | — | 4.8% | |
| 13 | Truliant FCUWinston-Salem, NC | 1 | — | 2.4% | |
| 14 | United Community BankGreenville, SC | 1 | — | 2.4% | |
| 15 | America First Federal Credit UnionRiverdale, UT | 1 | — | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 7.1% | |
| 2 | Other Personal ServicesNAICS 8129 | 3 | 7.1% | |
| 3 | Residential Building ConstructionNAICS 2361 | 3 | 7.1% | |
| 4 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 7.1% | |
| 5 | Animal Slaughtering and ProcessingNAICS 3116 | 2 | 4.8% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 4.8% | |
| 7 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 4.8% | |
| 8 | General Freight TruckingNAICS 4841 | 2 | 4.8% | |
| 9 | Specialty Food StoresNAICS 4452 | 2 | 4.8% | |
| 10 | Personal Care ServicesNAICS 8121 | 2 | 4.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 8 | 19.0% | |
| 2 | Other Services (except Public Administration) | 7 | 16.7% | |
| 3 | Professional, Scientific, and Technical Services | 5 | 11.9% | |
| 4 | Manufacturing | 4 | 9.5% | |
| 5 | Accommodation and Food Services | 4 | 9.5% | |
| 6 | Retail Trade | 4 | 9.5% | |
| 7 | Transportation and Warehousing | 2 | 4.8% | |
| 8 | Wholesale Trade | 2 | 4.8% |
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* | 7 | $4.9M | $523K | 0 | — | 7 | 44 |
| FY2025 | 13 | $9.4M | $71K | 3 | $1.0M | 16 | 76 |
| FY2024 | 10 | $1.7M | $51K | 1 | — | 11 | 33 |
| FY2023 | 7 | $2.1M | $180K | 1 | — | 8 | 70 |
| FY2022 | 2 | — | — | 2 | — | 4 | 44 |
| FY2021 | 3 | $2.8M | $1.2M | 0 | — | 3 | 33 |
| FY2020 | 3 | $1.5M | $43K | 0 | — | 3 | 25 |
| FY2019 | 4 | $647K | $126K | 0 | — | 4 | 23 |
| FY2018 | 7 | $3.5M | $125K | 0 | — | 7 | 47 |
| FY2017 | 9 | $8.0M | $325K | 0 | — | 9 | 94 |
| FY2016 | 3 | $1.7M | $400K | 1 | — | 4 | 101 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 27 approvals.
Against Montana and the country
| FY2021–FY2025 | Ravalli County | Montana | United States |
|---|---|---|---|
| Approvals | 42 | 1,312 | 342,825 |
| Approvals per 1,000 establishments | 24.5 | 30.8 | 41.0 |
| Median 7(a) approval | $124K | $200K | $190K |
| Median 504 approval | $374K | $469K | $657K |
| Average approval | $465K | $561K | $573K |
| 504 share of approvals | 16.7% | 17.9% | 11.0% |
| Jobs supported per approval, as reported | 6.1 | 9.7 | 10.5 |
| Share of state approvals | 3.2% | 100.0% | — |
Approval sizes
- $50,000 or less33.3%14
- $50,001 to $150,0009.5%4
- $150,001 to $350,00021.4%9
- $350,001 to $1 million26.2%11
- $1 million to $2 million4.8%2
- Over $2 million4.8%2
Age of the businesses
- Existing, more than 2 years old38.1%16
- New business, 2 years or less26.2%11
- Startup, loan funds will open the business14.3%6
- Change of ownership21.4%9
Questions and answers
Which lenders make the most SBA loans in Ravalli County?
By approvals in FY2021 to FY2025: Capital Matrix, Inc. (4), U.S. Bank, National Association (4), Readycap Lending, LLC (3), Big Sky Economic Development Corporation (3), Montana Community Development Corp. (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Ravalli County?
The median 7(a) approval was $124K and the median 504 approval $374K; the Montana 7(a) median was $200K.
Which industries get the most SBA loans in Ravalli County?
Restaurants and Other Eating Places (3); Other Personal Services (3); Residential Building Construction (3); Foundation, Structure, and Building Exterior Contractors (3); Animal Slaughtering and Processing (2).
Is SBA lending in Ravalli County rising?
Approvals in the three latest complete fiscal years total 35, against 10 in the three before: rising (+250%).
How does Ravalli County compare with the rest of Montana?
24.5 approvals per 1,000 establishments against 30.8 statewide, and 42 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