FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Montana, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 303 loans in Montana: 284 under 7(a) and 19 under 504, worth $105M.
That is down 12% on FY2016, when there were 344 approvals worth $106M.
Montana accounted for 0.4% of the 68,648 approvals nationwide that year. 37 lenders had at least one approval in the state; Glacier Bank had the most, 58.
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 37 lenders with the most approvals to Montana businesses in FY2017, of 37 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Glacier Bank | 7(a) | 58 | $8.2M | 19.1% | 62 | -4 |
| 2 | Wells Fargo Bank National Association | 7(a) | 28 | $2.5M | 9.2% | 62 | -34 |
| 3 | First Interstate Bank | 7(a) | 27 | $16.8M | 8.9% | 16 | +11 |
| 4 | The Yellowstone Bank | 7(a) | 26 | $13.2M | 8.6% | 13 | +13 |
| 5 | Bank of Bridger National Association | 7(a) | 21 | $3.7M | 6.9% | 17 | +4 |
| 6 | Three Rivers Bank of Montana | 7(a) | 18 | $7.8M | 5.9% | 13 | +5 |
| 7 | U.S. Bank, National Association | 7(a) | 16 | $2.0M | 5.3% | 15 | +1 |
| 8 | Opportunity Bank of Montana | 7(a) | 14 | $5.3M | 4.6% | 11 | +3 |
| 9 | Big Sky Economic Development Corporation | 504 | 13 | $8.5M | 4.3% | 26 | -13 |
| 10 | Stockman Bank of Montana | 7(a) | 13 | $911K | 4.3% | 32 | -19 |
| 11 | Live Oak Banking Company | 7(a) | 9 | $8.1M | 3.0% | 5 | +4 |
| 12 | High Plains Financial, Inc. | 504 | 6 | $2.2M | 2.0% | 4 | +2 |
| 13 | Bank of Bozeman | 7(a) | 6 | $700K | 2.0% | 2 | +4 |
| 14 | UMB Bank, National Association | 7(a) | 5 | $1.7M | 1.7% | 18 | -13 |
| 15 | Montana Community Development Corp. | 7(a) | 5 | $472K | 1.7% | 11 | -6 |
| 16 | BayFirst National Bank | 7(a) | 4 | $815K | 1.3% | 0 | new |
| 17 | Freedom Bank | 7(a) | 4 | $535K | 1.3% | 1 | +3 |
| 18 | Washington Trust Bank | 7(a) | 3 | $2.7M | 1.0% | 0 | new |
| 19 | Stearns Bank National Association | 7(a) | 3 | $2.6M | 1.0% | 0 | new |
| 20 | Farmers State Bank | 7(a) | 3 | $1.1M | 1.0% | 2 | +1 |
| 21 | Ascent Bank | 7(a) | 3 | $365K | 1.0% | 2 | +1 |
| 22 | Celtic Bank Corporation | 7(a) | 2 | — | 0.7% | 2 | 0 |
| 23 | Unity Bank | 7(a) | 2 | — | 0.7% | 5 | -3 |
| 24 | Bank of Montana | 7(a) | 1 | — | 0.3% | 0 | new |
| 25 | Bank of America, National Association | 7(a) | 1 | — | 0.3% | 0 | new |
| 26 | Gulf Coast Bank and Trust Company | 7(a) | 1 | — | 0.3% | 0 | new |
| 27 | Newtek Small Business Finance, Inc. | 7(a) | 1 | — | 0.3% | 2 | -1 |
| 28 | Valley Bank of Ronan | 7(a) | 1 | — | 0.3% | 0 | new |
| 29 | Happen Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 30 | First Merchants Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 31 | Utah First FCU | 7(a) | 1 | — | 0.3% | 0 | new |
| 32 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 1 | — | 0.3% | 2 | -1 |
| 33 | Zions Bank, A Division of | 7(a) | 1 | — | 0.3% | 0 | new |
| 34 | Citizens Alliance Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 35 | Five Star Bank | 7(a) | 1 | — | 0.3% | 0 | new |
| 36 | JPMorgan Chase Bank, National Association | 7(a) | 1 | — | 0.3% | 0 | new |
| 37 | Independence Bank | 7(a) | 1 | — | 0.3% | 1 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Yellowstone County | 83 | $18.2M | 27.4% | 82 | +1 |
| 2 | Gallatin County | 46 | $24.6M | 15.2% | 46 | 0 |
| 3 | Flathead County | 43 | $20.4M | 14.2% | 51 | -8 |
| 4 | Missoula County | 28 | $10.4M | 9.2% | 43 | -15 |
| 5 | Lewis and Clark County | 24 | $5.6M | 7.9% | 21 | +3 |
| 6 | Carbon County | 16 | $2.0M | 5.3% | 11 | +5 |
| 7 | Cascade County | 12 | $2.4M | 4.0% | 21 | -9 |
| 8 | Ravalli County | 9 | $8.0M | 3.0% | 4 | +5 |
| 9 | Park County | 9 | $1.3M | 3.0% | 9 | 0 |
| 10 | Lake County | 8 | $1.2M | 2.6% | 10 | -2 |
| 11 | Stillwater County | 4 | $305K | 1.3% | 1 | +3 |
| 12 | Silver Bow County | 4 | $2.8M | 1.3% | 6 | -2 |
| 13 | Jefferson County | 2 | — | 0.7% | 2 | 0 |
| 14 | Teton County | 2 | — | 0.7% | 0 | new |
| 15 | Richland County | 1 | — | 0.3% | 5 | -4 |
| 16 | Sanders County | 1 | — | 0.3% | 0 | new |
| 17 | Beaverhead County | 1 | — | 0.3% | 1 | 0 |
| 18 | Madison County | 1 | — | 0.3% | 1 | 0 |
| 19 | Lincoln County | 1 | — | 0.3% | 2 | -1 |
| 20 | Big Horn County | 1 | — | 0.3% | 2 | -1 |
| 21 | Fergus County | 1 | — | 0.3% | 2 | -1 |
| 22 | Broadwater County | 1 | — | 0.3% | 2 | -1 |
| 23 | Custer County | 1 | — | 0.3% | 0 | new |
| 24 | Sheridan County | 1 | — | 0.3% | 1 | 0 |
| 25 | Chouteau County | 1 | — | 0.3% | 2 | -1 |
| 26 | Daniels County | 1 | — | 0.3% | 0 | new |
| 27 | Pondera County | 1 | — | 0.3% | 0 | new |
FY2017 against FY2016
| Montana | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 284 | 314 |
| 7(a) dollars | $94.1M | $84.5M |
| Median 7(a) approval | $106K | $100K |
| 504 approvals | 19 | 30 |
| 504 dollars | $10.7M | $21.5M |
| Jobs supported, as reported | 2,421 | 2,836 |
Questions and answers
Which lenders made the most SBA loans in Montana in FY2017?
Glacier Bank (58), Wells Fargo Bank National Association (28), First Interstate Bank (27), The Yellowstone Bank (26), Bank of Bridger National Association (21). 37 lenders had at least one approval.
How many SBA loans were approved in Montana in FY2017?
303: 284 under 7(a) worth $94.1M and 19 under 504 worth $10.7M.
Which Montana counties had the most SBA approvals in FY2017?
Yellowstone County (83), Gallatin County (46), Flathead County (43), Missoula County (28), Lewis and Clark County (24).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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