SBA Ledger

States › Montana › FY2026

FY2026 to date1 Oct 2025 – 30 Jun 2026

SBA loans in Montana, FY2026

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.

So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 151 loans in Montana: 120 under 7(a) and 31 under 504, worth $108M.

The fiscal year is still open, so these counts will grow with each quarterly release.

Montana accounted for 0.3% of the 45,283 approvals nationwide that year. 45 lenders had at least one approval in the state; Glacier Bank had the most, 12.

151approvals to date
$108Mdollars approved
$260Kmedian 7(a) approvalFY2025: $250K
45lenders with an approval
1,225jobs 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 FY2026, of 45 active.

#LenderProgramApprovalsDollarsShare of stateFY2025Change
1Glacier Bank7(a)12$6.6M7.9%26—
2Dakota Business Lending50411$4.8M7.3%13—
3Capital Matrix, Inc.50410$5.7M6.6%20—
4U.S. Bank, National Association7(a)9$933K6.0%22—
5The Yellowstone Bank7(a)8$3.0M5.3%4—
6Big Sky Economic Development Corporation5047$4.0M4.6%15—
7Readycap Lending, LLC7(a)7$1.4M4.6%12—
8First Bank of the Lake7(a)6$1.9M4.0%3—
9Port 51 Lending LLC7(a)5$5.7M3.3%3—
10First Interstate Bank7(a)5$5.7M3.3%15—
11Northeast Bank7(a)5$627K3.3%28—
12Bravera Bank7(a)5$599K3.3%9—
13Live Oak Banking Company7(a)4$6.8M2.6%14—
14Opportunity Bank of Montana7(a)4$6.4M2.6%2—
15Celtic Bank Corporation7(a)4$2.7M2.6%3—
16Newtek Bank, National Association7(a)4$925K2.6%15—
17Montana Community Development Corp.7(a)4$584K2.6%3—
18Truliant FCU7(a)3$4.5M2.0%2—
19United Midwest Savings Bank National Association7(a)3$2.4M2.0%4—
20CenTrust Bank, A Division of SmartBiz Bank National Association7(a)3$350K2.0%1—
21Bank of Hope7(a)2—1.3%0—
22Three Rivers Bank of Montana7(a)2—1.3%4—
23Valley Bank of Ronan7(a)2—1.3%4—
24High Plains Financial, Inc.5042—1.3%2—
25Bank Five Nine7(a)2—1.3%1—
26Wells Fargo Bank National Association7(a)2—1.3%5—
27Farmers State Bank7(a)2—1.3%0—
28FDIC - Community Bank & Trust-West Georgia7(a)1—0.7%0—
29America First Federal Credit Union7(a)1—0.7%0—
30Capital Community Bank7(a)1—0.7%0—
31Mountain West Small Business Finance5041—0.7%0—
32Beacon Bank and Trust7(a)1—0.7%5—
33Harvest Small Business Finance, LLC7(a)1—0.7%0—
34Pathward National Association7(a)1—0.7%1—
35First Financial Bank7(a)1—0.7%2—
36Colony Bank7(a)1—0.7%1—
37Heritage Bank Inc7(a)1—0.7%1—
38First Merchants Bank7(a)1—0.7%0—
39Zions Bank, A Division of7(a)1—0.7%0—
40Alaska Growth Capital BIDCO, Inc.7(a)1—0.7%0—

Approvals by county

#CountyApprovalsDollarsShare of stateFY2025Change
1Gallatin County32$27.4M21.2%63—
2Yellowstone County27$21.5M17.9%59—
3Flathead County26$21.9M17.2%42—
4Lewis and Clark County15$11.1M9.9%27—
5Missoula County15$3.4M9.9%32—
6Cascade County7$3.1M4.6%28—
7Ravalli County7$4.9M4.6%16—
8Lake County4$2.2M2.6%14—
9Jefferson County2—1.3%2—
10Lincoln County2—1.3%1—
11Fergus County2—1.3%0—
12Silver Bow County2—1.3%5—
13Sanders County1—0.7%1—
14Powell County1—0.7%0—
15Madison County1—0.7%1—
16Stillwater County1—0.7%2—
17Park County1—0.7%5—
18Valley County1—0.7%0—
19Custer County1—0.7%3—
20Chouteau County1—0.7%0—
21Pondera County1—0.7%1—
22Blaine County1—0.7%1—

FY2026 against FY2025

MontanaFY2026 to dateFY2025
7(a) approvals120265
7(a) dollars$90.4M$144M
Median 7(a) approval$260K$250K
504 approvals3152
504 dollars$17.9M$34.6M
Jobs supported, as reported1,2252,621

Questions and answers

Which lenders made the most SBA loans in Montana in FY2026?

Glacier Bank (12), Dakota Business Lending (11), Capital Matrix, Inc. (10), U.S. Bank, National Association (9), The Yellowstone Bank (8). 45 lenders had at least one approval.

How many SBA loans were approved in Montana in FY2026?

151 to 30 Jun 2026: 120 under 7(a) worth $90.4M and 31 under 504 worth $17.9M.

Which Montana counties had the most SBA approvals in FY2026?

Gallatin County (32), Yellowstone County (27), Flathead County (26), Lewis and Clark County (15), Missoula County (15).

When does FY2026 start and end?

The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.

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