States › Wyoming
State0.2% of US approvals102 lenders active
SBA loans in Wyoming
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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.
Businesses in Wyoming received 635 SBA loan approvals worth $366M in FY2021 to FY2025, 520 of them 7(a) loans and 115 504 loans.
That is 26.6 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 0.2% of all approvals in the country (52nd of 54 states and territories).
In FY2025 there were 168 approvals totalling $81.7M, up 40% on FY2024. The median 7(a) approval over the five years was $177K and the median 504 approval $415K.
102 lenders had at least one approval in the state; by number of 7(a) approvals the most active were Bank of Bridger National Association (54), Platte Valley Bank (39) and Newtek Bank, National Association (33).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 5.7% as charged off, against 6.6% nationally.
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.
Most active 7(a) lenders in Wyoming
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in WY, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Bank of Bridger National AssociationBridger, MT | 54 | $14.2M | 10.4% | $127K | 4.6% | |
| 2 | Platte Valley BankTorrington, WY | 39 | $4.7M | 7.5% | $64K | 4.3% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 33 | $11.8M | 6.3% | $225K | — | |
| 4 | Northeast BankLewiston, ME | 33 | $4.4M | 6.3% | $106K | 12.8% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 29 | $3.3M | 5.6% | $45K | 6.2% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 20 | $32.7M | 3.8% | $850K | 2.2% | |
| 7 | Glacier BankKalispell, MT | 17 | $16.1M | 3.3% | $220K | 2.9% | |
| 8 | Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO | 17 | $15.8M | 3.3% | $500K | 4.0% | |
| 9 | The Huntington National BankColumbus, OH | 17 | $6.5M | 3.3% | $92K | 5.7% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 16 | $4.9M | 3.1% | $15K | 7.9% | |
| 11 | Readycap Lending, LLCBerkeley Heights, NJ | 12 | $5.1M | 2.3% | $138K | 4.3% | |
| 12 | Wyoming Community BankRiverton, WY | 10 | $2.0M | 1.9% | $175K | 0.0% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 9 | $10.4M | 1.7% | $300K | 6.8% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 9 | $1.9M | 1.7% | $150K | 17.0% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 9 | $1.4M | 1.7% | $150K | 19.2% | |
| 16 | Zions Bank, A Division ofSalt Lake City, UT | 8 | $801K | 1.5% | $140K | 5.9% | |
| 17 | United Midwest Savings Bank National AssociationDe Graff, OH | 7 | $7.1M | 1.3% | $150K | 15.9% | |
| 18 | First National Bank of OmahaOmaha, NE | 7 | $2.0M | 1.3% | $201K | 4.3% | |
| 19 | First Interstate BankBillings, MT | 7 | $1.4M | 1.3% | $222K | 5.7% | |
| 20 | Mountain America FCUSandy, UT | 6 | $3.0M | 1.2% | $70K | 3.6% | |
| 21 | Highmark FCURapid City, SD | 6 | $1.5M | 1.2% | $83K | 2.6% | |
| 22 | JPMorgan Chase Bank, National AssociationColumbus, OH | 6 | $1.5M | 1.2% | $200K | 7.4% | |
| 23 | First Northern Bank of WyomingBuffalo, WY | 6 | $1.4M | 1.2% | $200K | 1.8% | |
| 24 | Jonah Bank of WyomingCasper, WY | 6 | $983K | 1.2% | $81K | — | |
| 25 | First Internet Bank of IndianaFishers, IN | 5 | $7.6M | 1.0% | $895K | 5.3% | |
| 26 | Riverstone BankEagle, NE | 4 | $2.4M | 0.8% | $421K | — | |
| 27 | First Bank of the LakeOsage Beach, MO | 4 | $2.4M | 0.8% | $350K | 2.7% | |
| 28 | Port 51 Lending LLCNew York, NY | 3 | $10.2M | 0.6% | $1.0M | 0.0% | |
| 29 | Commonwealth Business BankLos Angeles, CA | 3 | $7.0M | 0.6% | $750K | 2.1% | |
| 30 | Byline BankChicago, IL | 3 | $5.9M | 0.6% | $806K | 9.5% | |
| 31 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 3 | $5.7M | 0.6% | $923K | 7.1% | |
| 32 | UniBankLynnwood, WA | 3 | $3.6M | 0.6% | $631K | 1.1% | |
| 33 | BMO Bank National AssociationChicago, IL | 3 | $3.3M | 0.6% | $512K | 2.9% | |
| 34 | Open BankLos Angeles, CA | 3 | $2.4M | 0.6% | $1.1M | 1.3% | |
| 35 | Cache Valley BankLogan, UT | 3 | $818K | 0.6% | $204K | 4.1% | |
| 36 | Hilltop National BankCasper, WY | 3 | $765K | 0.6% | $195K | — | |
| 37 | Bank of Jackson Hole TrustJackson, WY | 3 | $706K | 0.6% | $200K | — | |
| 38 | First National Bank of GilletteGillette, WY | 3 | $505K | 0.6% | $185K | — | |
| 39 | Colony BankFitzgerald, GA | 3 | $417K | 0.6% | $150K | 7.0% | |
| 40 | CDC Small Business Finance Corp.San Diego, CA | 3 | $331K | 0.6% | $150K | 17.9% |
504 certified development companies
| # | Lender | Approvals in WY, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Mountain West Small Business FinanceSalt Lake City, UT · 504 CDC | 70 | $54.9M | 60.9% | $684K | 0.6% | |
| 2 | Wyoming Capital AccessCasper, WY · 504 CDC | 44 | $26.4M | 38.3% | $279K | 1.1% | |
| 3 | Central Minnesota Development CompanyAndover, MN · 504 CDC | 1 | — | 0.9% | $604K | 0.5% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 74 | $38.1M | $170K | 16 | $15.6M | 90 | 1,053 |
| FY2025 | 146 | $67.8M | $150K | 22 | $13.9M | 168 | 1,305 |
| FY2024 | 102 | $54.6M | $250K | 18 | $15.6M | 120 | 1,181 |
| FY2023 | 65 | $51.0M | $252K | 17 | $13.8M | 82 | 809 |
| FY2022 | 99 | $48.0M | $167K | 27 | $21.9M | 126 | 1,344 |
| FY2021 | 108 | $62.5M | $183K | 31 | $16.4M | 139 | 1,327 |
| FY2020 | 69 | $42.1M | $184K | 15 | $10.2M | 84 | 697 |
| FY2019 | 84 | $37.2M | $100K | 17 | $9.6M | 101 | 882 |
| FY2018 | 97 | $32.3M | $125K | 10 | $4.1M | 107 | 636 |
| FY2017 | 115 | $30.3M | $82K | 12 | $7.5M | 127 | 804 |
| FY2016 | 121 | $43.5M | $85K | 4 | $2.5M | 125 | 902 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | Laramie County | 126 | $64.0M | 3,625 | 34.8 | |
| 2 | Sheridan County | 92 | $64.4M | 2,670 | 34.5 | |
| 3 | Natrona County | 70 | $41.1M | 3,071 | 22.8 | |
| 4 | Teton County | 51 | $30.8M | 2,390 | 21.3 | |
| 5 | Campbell County | 43 | $23.5M | 1,512 | 28.4 | |
| 6 | Albany County | 40 | $31.8M | 1,097 | 36.5 | |
| 7 | Big Horn County | 35 | $6.7M | 309 | 113.3 | |
| 8 | Park County | 31 | $18.5M | 1,332 | 23.3 | |
| 9 | Fremont County | 25 | $8.0M | 1,281 | 19.5 | |
| 10 | Sweetwater County | 21 | $16.7M | 1,219 | 17.2 | |
| 11 | Lincoln County | 21 | $8.9M | 948 | 22.2 | |
| 12 | Uinta County | 17 | $15.2M | 566 | 30.0 | |
| 13 | Washakie County | 13 | $8.1M | 335 | 38.8 | |
| 14 | Carbon County | 10 | $6.3M | 500 | 20.0 | |
| 15 | Sublette County | 7 | $1.5M | 439 | 15.9 | |
| 16 | Crook County | 7 | $1.3M | 267 | 26.2 | |
| 17 | Converse County | 6 | $5.8M | 465 | 12.9 | |
| 18 | Hot Springs County | 6 | $6.1M | 182 | 33.0 | |
| 19 | Johnson County | 5 | $1.2M | 500 | 10.0 | |
| 20 | Goshen County | 4 | $1.4M | 320 | 12.5 | |
| 21 | Platte County | 4 | $4.0M | 269 | 14.9 | |
| 22 | Weston County | 1 | — | 210 | 4.8 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 54 | $26.4M | 8.5% | |
| 2 | Traveler AccommodationNAICS 7211 | 44 | $58.6M | 6.9% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 28 | $16.9M | 4.4% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 24 | $11.8M | 3.8% | |
| 5 | Farm Product Raw Material Merchant WholesalersNAICS 4245 | 22 | $3.3M | 3.5% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 21 | $2.8M | 3.3% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 17 | $8.2M | 2.7% | |
| 8 | General Freight TruckingNAICS 4841 | 17 | $2.3M | 2.7% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 16 | $9.4M | 2.5% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 16 | $7.1M | 2.5% | |
| 11 | Other Specialty Trade ContractorsNAICS 2389 | 14 | $3.4M | 2.2% | |
| 12 | Other Miscellaneous RetailersNAICS 4599 | 13 | $4.9M | 2.0% | |
| 13 | Computer Systems Design and Related ServicesNAICS 5415 | 11 | $6.9M | 1.7% | |
| 14 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 10 | $6.1M | 1.6% | |
| 15 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 10 | $3.3M | 1.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 109 | 17.2% | |
| 2 | Retail Trade | 98 | 15.4% | |
| 3 | Professional, Scientific, and Technical Services | 76 | 12.0% | |
| 4 | Construction | 58 | 9.1% | |
| 5 | Other Services (except Public Administration) | 46 | 7.2% | |
| 6 | Wholesale Trade | 42 | 6.6% | |
| 7 | Health Care and Social Assistance | 38 | 6.0% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 38 | 6.0% | |
| 9 | Transportation and Warehousing | 29 | 4.6% | |
| 10 | Manufacturing | 28 | 4.4% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | WaterStation | 3 | 0.5% | |
| 2 | Quality Inn | 3 | 0.5% | |
| 3 | Motel 6 | 2 | 0.3% | |
| 4 | Clarion Inn | 2 | 0.3% | |
| 5 | Scooter's Coffee | 2 | 0.3% | |
| 6 | McAlister's Deli | 2 | 0.3% | |
| 7 | Super 8 by Wyndhan | 2 | 0.3% | |
| 8 | SYNERGY HomeCare | 2 | 0.3% | |
| 9 | Dickey's Barbecue Pit | 2 | 0.3% | |
| 10 | Firehouse Subs | 2 | 0.3% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | WY 7(a) | US 7(a) | WY 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 1,253 | 639,905 | 160 | 85,591 |
| Cancelled or never disbursed | 149 | 79,313 | 22 | 12,514 |
| Disbursed loans | 1,104 | 560,592 | 138 | 73,077 |
| Paid in full | 893 | 435,813 | 65 | 35,491 |
| Charged off | 63 | 36,891 | 1 | 905 |
| Still outstanding (status exempt from disclosure) | 148 | 87,888 | 72 | 36,681 |
| Charged off, share of disbursed loans | 5.7% | 6.6% | 0.7% | 1.2% |
| Dollars charged off, share of disbursed dollars | 2.1% | 2.5% | 1.9% | 0.9% |
| Dollars charged off | $8.1M | $5.70bn | $1.6M | $499M |
Approval sizes
- $50,000 or less16.9%107
- $50,001 to $150,00024.6%156
- $150,001 to $350,00023.0%146
- $350,001 to $1 million20.3%129
- $1 million to $2 million8.3%53
- Over $2 million6.9%44
Age of the businesses
- Existing, more than 2 years old58.3%370
- New business, 2 years or less16.1%102
- Startup, loan funds will open the business13.9%88
- Change of ownership11.7%74
- Not answered0.2%1
Against the country
| FY2021–FY2025 | Wyoming | United States |
|---|---|---|
| Approvals per 1,000 establishments | 26.6 | 41.0 |
| Median 7(a) approval | $177K | $190K |
| Median 504 approval | $415K | $657K |
| 504 share of approvals | 18.1% | 11.0% |
| Jobs supported per approval, as reported | 9.4 | 10.5 |
| Approvals, change on FY2016–FY2020 | 17% | 10% |
Questions and answers
Which lenders make the most SBA loans in Wyoming?
By 7(a) approvals in FY2021 to FY2025: Bank of Bridger National Association (54), Platte Valley Bank (39), Newtek Bank, National Association (33), Northeast Bank (33), U.S. Bank, National Association (29). For 504 loans: Mountain West Small Business Finance (70), Wyoming Capital Access (44), Central Minnesota Development Company (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Wyoming?
The median 7(a) approval was $177K and the median 504 approval $415K; the average across both programs was $576K.
Which industries get the most SBA loans in Wyoming?
Restaurants and Other Eating Places (54); Traveler Accommodation (44); Automotive Repair and Maintenance (28); Management, Scientific, and Technical Consulting Services (24); Farm Product Raw Material Merchant Wholesalers (22).
Which Wyoming counties receive the most SBA loans?
Laramie County (126), Sheridan County (92), Natrona County (70), Teton County (51), Campbell County (43), by approvals in FY2021 to FY2025.
Is SBA lending in Wyoming rising?
Approvals in the three latest complete fiscal years total 370, against 349 in the three before: broadly level (+6%).
What share of SBA loans in Wyoming are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 5.7% are recorded as charged off (national: 6.6%); for 504 loans the figure is 0.7% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error