FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Montana, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 344 loans in Montana: 314 under 7(a) and 30 under 504, worth $106M.
That is up 15% on FY2015, when there were 299 approvals worth $95.3M.
Montana accounted for 0.5% of the 70,012 approvals nationwide that year. 40 lenders had at least one approval in the state; Glacier Bank had the most, 62.
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.
Approvals by lender
The 40 lenders with the most approvals to Montana businesses in FY2016, of 40 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Glacier Bank | 7(a) | 62 | $14.7M | 18.0% | 54 | +8 |
| 2 | Wells Fargo Bank National Association | 7(a) | 62 | $11.3M | 18.0% | 46 | +16 |
| 3 | Stockman Bank of Montana | 7(a) | 32 | $3.9M | 9.3% | 27 | +5 |
| 4 | Big Sky Economic Development Corporation | 504 | 26 | $20.4M | 7.6% | 14 | +12 |
| 5 | UMB Bank, National Association | 7(a) | 18 | $4.1M | 5.2% | 21 | -3 |
| 6 | Bank of Bridger National Association | 7(a) | 17 | $2.6M | 4.9% | 13 | +4 |
| 7 | First Interstate Bank | 7(a) | 16 | $5.0M | 4.7% | 16 | 0 |
| 8 | U.S. Bank, National Association | 7(a) | 15 | $6.5M | 4.4% | 16 | -1 |
| 9 | The Yellowstone Bank | 7(a) | 13 | $3.5M | 3.8% | 22 | -9 |
| 10 | Three Rivers Bank of Montana | 7(a) | 13 | $2.2M | 3.8% | 6 | +7 |
| 11 | Opportunity Bank of Montana | 7(a) | 11 | $3.3M | 3.2% | 8 | +3 |
| 12 | Montana Community Development Corp. | 7(a) | 11 | $1.2M | 3.2% | 5 | +6 |
| 13 | Live Oak Banking Company | 7(a) | 5 | $4.7M | 1.5% | 7 | -2 |
| 14 | Unity Bank | 7(a) | 5 | $579K | 1.5% | 1 | +4 |
| 15 | High Plains Financial, Inc. | 504 | 4 | $1.1M | 1.2% | 4 | 0 |
| 16 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 17 | First National Bank of Pennsylvania | 7(a) | 2 | — | 0.6% | 0 | new |
| 18 | Farmers State Bank | 7(a) | 2 | — | 0.6% | 4 | -2 |
| 19 | Newtek Small Business Finance, Inc. | 7(a) | 2 | — | 0.6% | 2 | 0 |
| 20 | Bank of Bozeman | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 21 | Ascent Bank | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 22 | United Midwest Savings Bank National Association | 7(a) | 2 | — | 0.6% | 0 | new |
| 23 | Celtic Bank Corporation | 7(a) | 2 | — | 0.6% | 3 | -1 |
| 24 | Merchants Bank | 7(a) | 2 | — | 0.6% | 0 | new |
| 25 | Bank Five Nine | 7(a) | 1 | — | 0.3% | 2 | -1 |
| 26 | Alerus Financial, National Association | 7(a) | 1 | — | 0.3% | 0 | new |
| 27 | Freedom Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 28 | Bank of the Rockies | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 29 | United Community Bank | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 30 | Bravera Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 31 | Pioneer State Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 32 | The Bank of Commerce | 7(a) | 1 | — | 0.3% | 0 | new |
| 33 | PNC Bank, National Association | 7(a) | 1 | — | 0.3% | 0 | new |
| 34 | Clearwater FCU | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 35 | First Montana Bank, Inc. | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 36 | California Statewide Certified Development Corporation | 7(a) | 1 | — | 0.3% | 0 | new |
| 37 | Independence Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 38 | First Northern Bank of Wyoming | 7(a) | 1 | — | 0.3% | 1 | 0 |
| 39 | Northeast Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 40 | Little Horn State Bank | 7(a) | 1 | — | 0.3% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Yellowstone County | 82 | $21.9M | 23.8% | 78 | +4 |
| 2 | Flathead County | 51 | $13.0M | 14.8% | 31 | +20 |
| 3 | Gallatin County | 46 | $20.2M | 13.4% | 50 | -4 |
| 4 | Missoula County | 43 | $19.5M | 12.5% | 25 | +18 |
| 5 | Lewis and Clark County | 21 | $3.5M | 6.1% | 27 | -6 |
| 6 | Cascade County | 21 | $6.1M | 6.1% | 14 | +7 |
| 7 | Carbon County | 11 | $764K | 3.2% | 12 | -1 |
| 8 | Lake County | 10 | $1.0M | 2.9% | 2 | +8 |
| 9 | Park County | 9 | $3.5M | 2.6% | 10 | -1 |
| 10 | Silver Bow County | 6 | $760K | 1.7% | 5 | +1 |
| 11 | Richland County | 5 | $392K | 1.5% | 3 | +2 |
| 12 | Ravalli County | 4 | $2.3M | 1.2% | 8 | -4 |
| 13 | Valley County | 3 | $610K | 0.9% | 0 | new |
| 14 | Deer Lodge County | 2 | — | 0.6% | 1 | +1 |
| 15 | Jefferson County | 2 | — | 0.6% | 1 | +1 |
| 16 | Lincoln County | 2 | — | 0.6% | 2 | 0 |
| 17 | Big Horn County | 2 | — | 0.6% | 3 | -1 |
| 18 | Fergus County | 2 | — | 0.6% | 0 | new |
| 19 | Broadwater County | 2 | — | 0.6% | 0 | new |
| 20 | Roosevelt County | 2 | — | 0.6% | 0 | new |
| 21 | Chouteau County | 2 | — | 0.6% | 0 | new |
| 22 | Hill County | 2 | — | 0.6% | 1 | +1 |
| 23 | Dawson County | 2 | — | 0.6% | 4 | -2 |
| 24 | Musselshell County | 2 | — | 0.6% | 2 | 0 |
| 25 | Beaverhead County | 1 | — | 0.3% | 3 | -2 |
| 26 | Powell County | 1 | — | 0.3% | 1 | 0 |
| 27 | Madison County | 1 | — | 0.3% | 0 | new |
| 28 | Stillwater County | 1 | — | 0.3% | 4 | -3 |
| 29 | Powder River County | 1 | — | 0.3% | 0 | new |
| 30 | Sheridan County | 1 | — | 0.3% | 0 | new |
| 31 | Meagher County | 1 | — | 0.3% | 0 | new |
| 32 | Toole County | 1 | — | 0.3% | 1 | 0 |
| 33 | Rosebud County | 1 | — | 0.3% | 0 | new |
| 34 | Mineral County | 1 | — | 0.3% | 1 | 0 |
FY2016 against FY2015
| Montana | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 314 | 279 |
| 7(a) dollars | $84.5M | $85.4M |
| Median 7(a) approval | $100K | $79K |
| 504 approvals | 30 | 20 |
| 504 dollars | $21.5M | $9.9M |
| Jobs supported, as reported | 2,836 | 2,669 |
Questions and answers
Which lenders made the most SBA loans in Montana in FY2016?
Glacier Bank (62), Wells Fargo Bank National Association (62), Stockman Bank of Montana (32), Big Sky Economic Development Corporation (26), UMB Bank, National Association (18). 40 lenders had at least one approval.
How many SBA loans were approved in Montana in FY2016?
344: 314 under 7(a) worth $84.5M and 30 under 504 worth $21.5M.
Which Montana counties had the most SBA approvals in FY2016?
Yellowstone County (82), Flathead County (51), Gallatin County (46), Missoula County (43), Lewis and Clark County (21).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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