Lenders › The Yellowstone Bank
7(a) lenderLaurel, MontanaFDIC-insured bank318th of 2,184 by approvals
The Yellowstone Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
The Yellowstone Bank, based in Laurel, Montana, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 100 of its 7(a) loans worth $55.4M in FY2021 to FY2025, which places it 318th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 4 approvals totalling $1.0M, down 76% on FY2024 (17). FY2026 to 30 Jun 2026 adds 8 more.
The median approval was $319K, against $190K for the 7(a) program as a whole; 30.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 14 counties, led by Montana (97.0%), Wyoming (2.0%) and Missouri (1.0%). The largest industry group was accommodation and food services at 14.0% of approvals, and 6.0% of approvals were to franchise businesses.
Of 268 disbursed loans approved in FY2010 to FY2021, SBA records 4 as charged off (1.5%), 230 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 8 | $3.0M | $150K | $374K | 63 |
| FY2025 | 4 | $1.0M | $167K | $261K | 21 |
| FY2024 | 17 | $6.4M | $255K | $377K | 137 |
| FY2023 | 11 | $8.2M | $412K | $744K | 110 |
| FY2022 | 14 | $8.4M | $439K | $598K | 105 |
| FY2021 | 54 | $31.4M | $308K | $581K | 632 |
| FY2020 | 11 | $5.8M | $313K | $527K | 41 |
| FY2019 | 10 | $1.2M | $101K | $119K | 43 |
| FY2018 | 21 | $9.5M | $175K | $452K | 230 |
| FY2017 | 26 | $13.2M | $150K | $509K | 241 |
| FY2016 | 13 | $3.5M | $100K | $269K | 121 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 81 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Montana | 7(a) program |
|---|---|---|---|
| Approvals in these years | 314 | 3,441 | 639,905 |
| Cancelled or never disbursed | 46 | 371 | 79,313 |
| Disbursed loans | 268 | 3,070 | 560,592 |
| Paid in full | 230 | 2,615 | 435,813 |
| Charged off | 4 | 106 | 36,891 |
| Still outstanding (status exempt from disclosure) | 34 | 349 | 87,888 |
| Charged off, share of disbursed loans | 1.5% | 3.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.2% | 1.2% | 2.5% |
| Dollars charged off | $208K | $11.3M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 43 | 22 | 0 | 0.0% | 2.8% |
| FY2020 | 9 | 6 | 0 | — | 4.0% |
| FY2019 | 10 | 10 | 0 | — | 6.7% |
| FY2018 | 18 | 14 | 0 | — | 7.9% |
| FY2017 | 23 | 20 | 0 | — | 7.7% |
| FY2016 | 12 | 12 | 0 | — | 7.2% |
| FY2015 | 19 | 17 | 1 | — | 6.9% |
| FY2014 | 28 | 27 | 0 | — | 6.4% |
| FY2013 | 15 | 15 | 0 | — | 6.0% |
| FY2012 | 18 | 16 | 1 | — | 6.3% |
| FY2011 | 39 | 39 | 0 | 0.0% | 6.9% |
| FY2010 | 34 | 32 | 2 | 5.9% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $319K | $190K |
| Average approval | $554K | $518K |
| Approvals of $150,000 or less | 30.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 23.0% | 34.3% |
| Approvals to franchise businesses | 6.0% | 11.5% |
| Jobs supported per approval, as reported | 10.1 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.5% | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Montana | 97 | $50.4M | 97.0% | |
| 2 | Wyoming | 2 | — | 2.0% | |
| 3 | Missouri | 1 | — | 1.0% |
In Montana the lender accounts for 9.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (14 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Yellowstone County, MT | 58 | $30.9M | 58.0% | |
| 2 | Gallatin County, MT | 20 | $5.4M | 20.0% | |
| 3 | Carbon County, MT | 4 | $3.4M | 4.0% | |
| 4 | Flathead County, MT | 4 | $2.9M | 4.0% | |
| 5 | Lewis and Clark County, MT | 3 | $3.7M | 3.0% | |
| 6 | Stillwater County, MT | 3 | $1.2M | 3.0% | |
| 7 | St. Louis County, MO | 1 | — | 1.0% | |
| 8 | Sheridan County, WY | 1 | — | 1.0% | |
| 9 | Big Horn County, MT | 1 | — | 1.0% | |
| 10 | Granite County, MT | 1 | — | 1.0% | |
| 11 | Powder River County, MT | 1 | — | 1.0% | |
| 12 | Crook County, WY | 1 | — | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 14 | 14.0% | |
| 2 | Manufacturing | 13 | 13.0% | |
| 3 | Retail Trade | 10 | 10.0% | |
| 4 | Construction | 10 | 10.0% | |
| 5 | Other Services (except Public Administration) | 10 | 10.0% | |
| 6 | Arts, Entertainment, and Recreation | 8 | 8.0% | |
| 7 | Professional, Scientific, and Technical Services | 7 | 7.0% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 7 | 7.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 11.0% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 9 | 9.0% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 7.0% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 7 | 7.0% | |
| 5 | Printing and Related Support ActivitiesNAICS 3231 | 4 | 4.0% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 4 | 4.0% | |
| 7 | Offices of Real Estate Agents and BrokersNAICS 5312 | 3 | 3.0% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 3 | 3.0% | |
| 9 | Legal ServicesNAICS 5411 | 3 | 3.0% | |
| 10 | Traveler AccommodationNAICS 7211 | 2 | 2.0% |
Approval sizes
- $50,000 or less10.0%10
- $50,001 to $150,00020.0%20
- $150,001 to $350,00027.0%27
- $350,001 to $1 million31.0%31
- $1 million to $2 million6.0%6
- Over $2 million6.0%6
Loan terms
- 5 years or less27.0%27
- Over 5 to 10 years31.0%31
- Over 10 to 20 years36.0%36
- Over 20 years6.0%6
Age of the businesses
- Existing, more than 2 years old62.0%62
- New business, 2 years or less18.0%18
- Startup, loan funds will open the business5.0%5
- Change of ownership15.0%15
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 90 | 90.0% | |
| 2 | SBA Express Program | 9 | 9.0% | |
| 3 | Working Capital CAPLine | 1 | 1.0% |
Franchise share
6 of 100 approvals in FY2021–FY2025 (6.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Urban Air Adventure Park | 1 | 1.0% | |
| 2 | Domino's Pizza | 1 | 1.0% | |
| 3 | Berkshire Hathaway HomeServices | 1 | 1.0% | |
| 4 | Dairy Queen Montana | 1 | 1.0% | |
| 5 | Apricot Lane | 1 | 1.0% | |
| 6 | Crumbl | 1 | 1.0% |
Questions and answers
How many SBA loans does The Yellowstone Bank make?
SBA approved 4 7(a) loans through The Yellowstone Bank in FY2025, worth $1.0M, and 100 over FY2021 to FY2025. That ranks 318th of 2,184 active 7(a) lenders by number of approvals.
How large are The Yellowstone Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $319K and the average $554K. The program-wide median was $190K.
What is The Yellowstone Bank's charge-off rate?
Of 268 disbursed loans approved in FY2010 to FY2021, SBA records 4 as charged off (1.5%), 230 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does The Yellowstone Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (11); automotive repair and maintenance (9); other amusement and recreation industries (7); services to buildings and dwellings (7).
Where does The Yellowstone Bank make SBA loans?
In 3 states and territories. Montana 97, Wyoming 2, Missouri 1. In Montana it accounts for 9.0% of all 7(a) approvals.
Is The Yellowstone Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 32, against 79 in the three before: falling (-59%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error