SBA loans in Montana, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 317 loans in Montana: 265 under 7(a) and 52 under 504, worth $179M.

That is up 23% on FY2024, when there were 258 approvals worth $139M.

Montana accounted for 0.4% of the 84,840 approvals nationwide that year. 65 lenders had at least one approval in the state; Northeast Bank had the most, 28.

317approvalsFY2024: 258

$179Mdollars approvedFY2024: $139M

$250Kmedian 7(a) approvalFY2024: $150K

65lenders with an approval

2,621jobs supported, as reported

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 FY2025, of 65 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2024	Change
1	Northeast Bank	7(a)	28	$4.9M	8.8%	6	+22
2	Glacier Bank	7(a)	26	$14.1M	8.2%	8	+18
3	U.S. Bank, National Association	7(a)	22	$1.6M	6.9%	20	+2
4	Capital Matrix, Inc.	504	20	$14.1M	6.3%	15	+5
5	Newtek Bank, National Association	7(a)	15	$8.0M	4.7%	11	+4
6	Big Sky Economic Development Corporation	504	15	$7.9M	4.7%	11	+4
7	First Interstate Bank	7(a)	15	$983K	4.7%	12	+3
8	Live Oak Banking Company	7(a)	14	$12.7M	4.4%	2	+12
9	Dakota Business Lending	504	13	$9.0M	4.1%	8	+5
10	Readycap Lending, LLC	7(a)	12	$4.1M	3.8%	12	0
11	Bravera Bank	7(a)	9	$2.4M	2.8%	5	+4
12	The Huntington National Bank	7(a)	8	$4.8M	2.5%	3	+5
13	Wallis Bank	7(a)	7	$4.8M	2.2%	2	+5
14	BayFirst National Bank	7(a)	6	$866K	1.9%	6	0
15	Beacon Bank and Trust	7(a)	5	$7.7M	1.6%	0	new
16	Wells Fargo Bank National Association	7(a)	5	$3.5M	1.6%	16	-11
17	Mountain America FCU	7(a)	5	$2.5M	1.6%	3	+2
18	Three Rivers Bank of Montana	7(a)	4	$3.8M	1.3%	2	+2
19	Valley Bank of Ronan	7(a)	4	$3.2M	1.3%	4	0
20	The Yellowstone Bank	7(a)	4	$1.0M	1.3%	17	-13
21	United Midwest Savings Bank National Association	7(a)	4	$716K	1.3%	2	+2
22	Port 51 Lending LLC	7(a)	3	$6.8M	0.9%	0	new
23	Byline Bank	7(a)	3	$2.4M	0.9%	1	+2
24	Hanover Community Bank	7(a)	3	$2.3M	0.9%	0	new
25	First Bank of the Lake	7(a)	3	$2.0M	0.9%	3	0
26	Ascent Bank	7(a)	3	$1.9M	0.9%	2	+1
27	Freedom Bank	7(a)	3	$1.6M	0.9%	8	-5
28	Bank of the Rockies	7(a)	3	$620K	0.9%	6	-3
29	Montana Community Development Corp.	7(a)	3	$473K	0.9%	13	-10
30	Celtic Bank Corporation	7(a)	3	$450K	0.9%	2	+1
31	Lendistry SBLC, LLC	7(a)	3	$430K	0.9%	3	0
32	Manhattan Bank	7(a)	3	$190K	0.9%	2	+1
33	Truliant FCU	7(a)	2	—	0.6%	0	new
34	Busey Bank	7(a)	2	—	0.6%	0	new
35	First Western SBLC, LLC	7(a)	2	—	0.6%	1	+1
36	First Financial Bank	7(a)	2	—	0.6%	0	new
37	First Bank of Central Ohio	7(a)	2	—	0.6%	0	new
38	Grasshopper Bank National Association	7(a)	2	—	0.6%	0	new
39	Opportunity Bank of Montana	7(a)	2	—	0.6%	5	-3
40	Stockman Bank of Montana	7(a)	2	—	0.6%	2	0

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2024	Change
1	Gallatin County	63	$39.5M	19.9%	52	+11
2	Yellowstone County	59	$40.2M	18.6%	52	+7
3	Flathead County	42	$24.5M	13.2%	32	+10
4	Missoula County	32	$14.6M	10.1%	24	+8
5	Cascade County	28	$8.0M	8.8%	21	+7
6	Lewis and Clark County	27	$9.7M	8.5%	14	+13
7	Ravalli County	16	$10.4M	5.0%	11	+5
8	Lake County	14	$6.9M	4.4%	6	+8
9	Park County	5	$1.3M	1.6%	2	+3
10	Silver Bow County	5	$5.0M	1.6%	4	+1
11	Richland County	3	$2.0M	0.9%	3	0
12	Custer County	3	$2.3M	0.9%	3	0
13	Rosebud County	3	$2.1M	0.9%	2	+1
14	Jefferson County	2	—	0.6%	3	-1
15	Stillwater County	2	—	0.6%	2	0
16	Granite County	2	—	0.6%	0	new
17	Sanders County	1	—	0.3%	2	-1
18	Madison County	1	—	0.3%	0	new
19	Lincoln County	1	—	0.3%	0	new
20	Broadwater County	1	—	0.3%	1	0
21	Sheridan County	1	—	0.3%	0	new
22	Meagher County	1	—	0.3%	0	new
23	Fallon County	1	—	0.3%	0	new
24	Roosevelt County	1	—	0.3%	2	-1
25	Dawson County	1	—	0.3%	0	new
26	Pondera County	1	—	0.3%	1	0
27	Blaine County	1	—	0.3%	3	-2

FY2025 against FY2024

Montana	FY2025	FY2024
7(a) approvals	265	214
7(a) dollars	$144M	$102M
Median 7(a) approval	$250K	$150K
504 approvals	52	44
504 dollars	$34.6M	$36.7M
Jobs supported, as reported	2,621	2,564

Questions and answers

Which lenders made the most SBA loans in Montana in FY2025?

Northeast Bank (28), Glacier Bank (26), U.S. Bank, National Association (22), Capital Matrix, Inc. (20), Newtek Bank, National Association (15). 65 lenders had at least one approval.

How many SBA loans were approved in Montana in FY2025?

317: 265 under 7(a) worth $144M and 52 under 504 worth $34.6M.

Which Montana counties had the most SBA approvals in FY2025?

Gallatin County (63), Yellowstone County (59), Flathead County (42), Missoula County (32), Cascade County (28).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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