FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Montana, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 214 loans in Montana: 194 under 7(a) and 20 under 504, worth $91.6M.
That is down 10% on FY2018, when there were 239 approvals worth $74.9M.
Montana accounted for 0.4% of the 58,006 approvals nationwide that year. 41 lenders had at least one approval in the state; Glacier Bank had the most, 44.
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 FY2019, of 41 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Glacier Bank | 7(a) | 44 | $12.1M | 20.6% | 54 | -10 |
| 2 | Wells Fargo Bank National Association | 7(a) | 20 | $839K | 9.3% | 23 | -3 |
| 3 | U.S. Bank, National Association | 7(a) | 19 | $2.7M | 8.9% | 13 | +6 |
| 4 | Big Sky Economic Development Corporation | 504 | 16 | $14.6M | 7.5% | 10 | +6 |
| 5 | Three Rivers Bank of Montana | 7(a) | 12 | $6.0M | 5.6% | 9 | +3 |
| 6 | Stockman Bank of Montana | 7(a) | 11 | $1.7M | 5.1% | 13 | -2 |
| 7 | Montana Community Development Corp. | 7(a) | 10 | $1.2M | 4.7% | 5 | +5 |
| 8 | The Yellowstone Bank | 7(a) | 10 | $1.2M | 4.7% | 18 | -8 |
| 9 | Bank of Bridger National Association | 7(a) | 9 | $2.4M | 4.2% | 20 | -11 |
| 10 | Live Oak Banking Company | 7(a) | 5 | $10.4M | 2.3% | 1 | +4 |
| 11 | Stearns Bank National Association | 7(a) | 5 | $2.0M | 2.3% | 1 | +4 |
| 12 | Bank of the Rockies | 7(a) | 4 | $1.9M | 1.9% | 3 | +1 |
| 13 | UMB Bank, National Association | 7(a) | 4 | $1.3M | 1.9% | 7 | -3 |
| 14 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $1.0M | 1.9% | 1 | +3 |
| 15 | Valley Bank of Ronan | 7(a) | 4 | $786K | 1.9% | 0 | new |
| 16 | First Interstate Bank | 7(a) | 3 | $698K | 1.4% | 9 | -6 |
| 17 | Celtic Bank Corporation | 7(a) | 3 | $637K | 1.4% | 4 | -1 |
| 18 | Manhattan Bank | 7(a) | 3 | $500K | 1.4% | 4 | -1 |
| 19 | IncredibleBank | 7(a) | 2 | — | 0.9% | 1 | +1 |
| 20 | Opportunity Bank of Montana | 7(a) | 2 | — | 0.9% | 3 | -1 |
| 21 | Clare Bank, National Association | 7(a) | 2 | — | 0.9% | 0 | new |
| 22 | Citizens Bank | 7(a) | 2 | — | 0.9% | 0 | new |
| 23 | The Huntington National Bank | 7(a) | 2 | — | 0.9% | 1 | +1 |
| 24 | Columbia Bank | 7(a) | 1 | — | 0.5% | 0 | new |
| 25 | First Montana Bank, Inc. | 7(a) | 1 | — | 0.5% | 0 | new |
| 26 | BankUnited, National Association | 7(a) | 1 | — | 0.5% | 0 | new |
| 27 | Open Bank | 7(a) | 1 | — | 0.5% | 0 | new |
| 28 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 1 | — | 0.5% | 2 | -1 |
| 29 | Dakota Business Lending | 504 | 1 | — | 0.5% | 0 | new |
| 30 | Poppy Bank | 7(a) | 1 | — | 0.5% | 0 | new |
| 31 | Farmers State Bank | 7(a) | 1 | — | 0.5% | 1 | 0 |
| 32 | First Merchants Bank | 7(a) | 1 | — | 0.5% | 1 | 0 |
| 33 | Banesco USA | 7(a) | 1 | — | 0.5% | 0 | new |
| 34 | Capital Matrix, Inc. | 504 | 1 | — | 0.5% | 1 | 0 |
| 35 | First Western SBLC, LLC | 7(a) | 1 | — | 0.5% | 0 | new |
| 36 | Eastern Idaho Development Corporation | 504 | 1 | — | 0.5% | 1 | 0 |
| 37 | High Plains Financial, Inc. | 504 | 1 | — | 0.5% | 3 | -2 |
| 38 | Merchants Bank | 7(a) | 1 | — | 0.5% | 0 | new |
| 39 | Bank of Bozeman | 7(a) | 1 | — | 0.5% | 4 | -3 |
| 40 | United Midwest Savings Bank National Association | 7(a) | 1 | — | 0.5% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Yellowstone County | 53 | $13.6M | 24.8% | 66 | -13 |
| 2 | Gallatin County | 39 | $19.4M | 18.2% | 44 | -5 |
| 3 | Missoula County | 27 | $10.7M | 12.6% | 9 | +18 |
| 4 | Flathead County | 26 | $18.1M | 12.1% | 37 | -11 |
| 5 | Richland County | 9 | $998K | 4.2% | 2 | +7 |
| 6 | Lewis and Clark County | 8 | $2.1M | 3.7% | 13 | -5 |
| 7 | Jefferson County | 6 | $1.7M | 2.8% | 0 | new |
| 8 | Silver Bow County | 6 | $3.2M | 2.8% | 11 | -5 |
| 9 | Cascade County | 5 | $502K | 2.3% | 11 | -6 |
| 10 | Carbon County | 5 | $442K | 2.3% | 8 | -3 |
| 11 | Ravalli County | 4 | $647K | 1.9% | 7 | -3 |
| 12 | Lake County | 3 | $1.3M | 1.4% | 4 | -1 |
| 13 | Park County | 3 | $1.3M | 1.4% | 4 | -1 |
| 14 | Custer County | 3 | $4.7M | 1.4% | 0 | new |
| 15 | Dawson County | 3 | $924K | 1.4% | 0 | new |
| 16 | Deer Lodge County | 2 | — | 0.9% | 1 | +1 |
| 17 | Beaverhead County | 2 | — | 0.9% | 3 | -1 |
| 18 | Big Horn County | 2 | — | 0.9% | 0 | new |
| 19 | Fergus County | 2 | — | 0.9% | 1 | +1 |
| 20 | Madison County | 1 | — | 0.5% | 1 | 0 |
| 21 | Lincoln County | 1 | — | 0.5% | 2 | -1 |
| 22 | Meagher County | 1 | — | 0.5% | 1 | 0 |
| 23 | Toole County | 1 | — | 0.5% | 0 | new |
| 24 | Teton County | 1 | — | 0.5% | 0 | new |
| 25 | Sweet Grass County | 1 | — | 0.5% | 0 | new |
FY2019 against FY2018
| Montana | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 194 | 223 |
| 7(a) dollars | $74.4M | $61.1M |
| Median 7(a) approval | $120K | $101K |
| 504 approvals | 20 | 16 |
| 504 dollars | $17.2M | $13.8M |
| Jobs supported, as reported | 2,013 | 1,890 |
Questions and answers
Which lenders made the most SBA loans in Montana in FY2019?
Glacier Bank (44), Wells Fargo Bank National Association (20), U.S. Bank, National Association (19), Big Sky Economic Development Corporation (16), Three Rivers Bank of Montana (12). 41 lenders had at least one approval.
How many SBA loans were approved in Montana in FY2019?
214: 194 under 7(a) worth $74.4M and 20 under 504 worth $17.2M.
Which Montana counties had the most SBA approvals in FY2019?
Yellowstone County (53), Gallatin County (39), Missoula County (27), Flathead County (26), Richland County (9).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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