FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Montana, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 239 loans in Montana: 223 under 7(a) and 16 under 504, worth $74.9M.
That is down 21% on FY2017, when there were 303 approvals worth $105M.
Montana accounted for 0.4% of the 66,228 approvals nationwide that year. 43 lenders had at least one approval in the state; Glacier Bank had the most, 54.
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 FY2018, of 43 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Glacier Bank | 7(a) | 54 | $9.9M | 22.6% | 58 | -4 |
| 2 | Wells Fargo Bank National Association | 7(a) | 23 | $6.1M | 9.6% | 28 | -5 |
| 3 | Bank of Bridger National Association | 7(a) | 20 | $5.1M | 8.4% | 21 | -1 |
| 4 | The Yellowstone Bank | 7(a) | 18 | $5.3M | 7.5% | 26 | -8 |
| 5 | U.S. Bank, National Association | 7(a) | 13 | $1.1M | 5.4% | 16 | -3 |
| 6 | Stockman Bank of Montana | 7(a) | 13 | $1.0M | 5.4% | 13 | 0 |
| 7 | Big Sky Economic Development Corporation | 504 | 10 | $9.9M | 4.2% | 13 | -3 |
| 8 | First Interstate Bank | 7(a) | 9 | $2.5M | 3.8% | 27 | -18 |
| 9 | Three Rivers Bank of Montana | 7(a) | 9 | $1.8M | 3.8% | 18 | -9 |
| 10 | UMB Bank, National Association | 7(a) | 7 | $1.7M | 2.9% | 5 | +2 |
| 11 | Montana Community Development Corp. | 7(a) | 5 | $613K | 2.1% | 5 | 0 |
| 12 | Ascent Bank | 7(a) | 4 | $2.0M | 1.7% | 3 | +1 |
| 13 | Manhattan Bank | 7(a) | 4 | $917K | 1.7% | 0 | new |
| 14 | Bank of Bozeman | 7(a) | 4 | $755K | 1.7% | 6 | -2 |
| 15 | Celtic Bank Corporation | 7(a) | 4 | $479K | 1.7% | 2 | +2 |
| 16 | Northeast Bank | 7(a) | 4 | $425K | 1.7% | 0 | new |
| 17 | Bank of the Rockies | 7(a) | 3 | $2.3M | 1.3% | 0 | new |
| 18 | High Plains Financial, Inc. | 504 | 3 | $1.8M | 1.3% | 6 | -3 |
| 19 | Citizens Alliance Bank | 7(a) | 3 | $685K | 1.3% | 1 | +2 |
| 20 | Opportunity Bank of Montana | 7(a) | 3 | $300K | 1.3% | 14 | -11 |
| 21 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 2 | — | 0.8% | 1 | +1 |
| 22 | Independence Bank | 7(a) | 2 | — | 0.8% | 1 | +1 |
| 23 | The Bank of Commerce | 7(a) | 2 | — | 0.8% | 0 | new |
| 24 | Live Oak Banking Company | 7(a) | 1 | — | 0.4% | 9 | -8 |
| 25 | Happen Bank | 7(a) | 1 | — | 0.4% | 1 | 0 |
| 26 | United Community Bank | 7(a) | 1 | — | 0.4% | 0 | new |
| 27 | Eastern Idaho Development Corporation | 504 | 1 | — | 0.4% | 0 | new |
| 28 | Farmers State Bank | 7(a) | 1 | — | 0.4% | 3 | -2 |
| 29 | West Coast Community Bank | 7(a) | 1 | — | 0.4% | 0 | new |
| 30 | FinWise Bank | 7(a) | 1 | — | 0.4% | 0 | new |
| 31 | Stone Bank | 7(a) | 1 | — | 0.4% | 0 | new |
| 32 | IncredibleBank | 7(a) | 1 | — | 0.4% | 0 | new |
| 33 | First Merchants Bank | 7(a) | 1 | — | 0.4% | 1 | 0 |
| 34 | Mountain West Small Business Finance | 504 | 1 | — | 0.4% | 0 | new |
| 35 | Stearns Bank National Association | 7(a) | 1 | — | 0.4% | 3 | -2 |
| 36 | Capital Matrix, Inc. | 504 | 1 | — | 0.4% | 0 | new |
| 37 | Five Star Bank | 7(a) | 1 | — | 0.4% | 1 | 0 |
| 38 | Pathward National Association | 7(a) | 1 | — | 0.4% | 0 | new |
| 39 | BayFirst National Bank | 7(a) | 1 | — | 0.4% | 4 | -3 |
| 40 | Freedom Bank | 7(a) | 1 | — | 0.4% | 4 | -3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Yellowstone County | 66 | $19.3M | 27.6% | 83 | -17 |
| 2 | Gallatin County | 44 | $13.8M | 18.4% | 46 | -2 |
| 3 | Flathead County | 37 | $12.5M | 15.5% | 43 | -6 |
| 4 | Lewis and Clark County | 13 | $4.2M | 5.4% | 24 | -11 |
| 5 | Cascade County | 11 | $1.5M | 4.6% | 12 | -1 |
| 6 | Silver Bow County | 11 | $3.9M | 4.6% | 4 | +7 |
| 7 | Missoula County | 9 | $2.9M | 3.8% | 28 | -19 |
| 8 | Carbon County | 8 | $509K | 3.3% | 16 | -8 |
| 9 | Ravalli County | 7 | $3.5M | 2.9% | 9 | -2 |
| 10 | Lake County | 4 | $623K | 1.7% | 8 | -4 |
| 11 | Park County | 4 | $4.2M | 1.7% | 9 | -5 |
| 12 | Beaverhead County | 3 | $272K | 1.3% | 1 | +2 |
| 13 | Glacier County | 3 | $3.9M | 1.3% | 0 | new |
| 14 | Richland County | 2 | — | 0.8% | 1 | +1 |
| 15 | Stillwater County | 2 | — | 0.8% | 4 | -2 |
| 16 | Lincoln County | 2 | — | 0.8% | 1 | +1 |
| 17 | Granite County | 2 | — | 0.8% | 0 | new |
| 18 | Valley County | 2 | — | 0.8% | 0 | new |
| 19 | Hill County | 2 | — | 0.8% | 0 | new |
| 20 | Deer Lodge County | 1 | — | 0.4% | 0 | new |
| 21 | Madison County | 1 | — | 0.4% | 1 | 0 |
| 22 | Fergus County | 1 | — | 0.4% | 1 | 0 |
| 23 | Broadwater County | 1 | — | 0.4% | 1 | 0 |
| 24 | Sheridan County | 1 | — | 0.4% | 1 | 0 |
| 25 | Meagher County | 1 | — | 0.4% | 0 | new |
| 26 | Blaine County | 1 | — | 0.4% | 0 | new |
FY2018 against FY2017
| Montana | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 223 | 284 |
| 7(a) dollars | $61.1M | $94.1M |
| Median 7(a) approval | $101K | $106K |
| 504 approvals | 16 | 19 |
| 504 dollars | $13.8M | $10.7M |
| Jobs supported, as reported | 1,890 | 2,421 |
Questions and answers
Which lenders made the most SBA loans in Montana in FY2018?
Glacier Bank (54), Wells Fargo Bank National Association (23), Bank of Bridger National Association (20), The Yellowstone Bank (18), U.S. Bank, National Association (13). 43 lenders had at least one approval.
How many SBA loans were approved in Montana in FY2018?
239: 223 under 7(a) worth $61.1M and 16 under 504 worth $13.8M.
Which Montana counties had the most SBA approvals in FY2018?
Yellowstone County (66), Gallatin County (44), Flathead County (37), Lewis and Clark County (13), Cascade County (11).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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