SBA lender profile
BMO Bank National Association
BMO Bank National Association appears in the public SBA loan data with 4,436 funded 7(a) loans since FY2010, totaling $2.9B, an average of $653K per loan, and an estimated 47,704 jobs supported. Its SBA lending concentrates in California and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 1.9%. 78.2% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 81
- Scale 98
- Activity 95
- Consistency 87
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is BMO Bank National Association the right lender for you?
Lenders fund what they know. BMO Bank National Association's SBA lending concentrates in California (1,556 loans) and Manufacturing (438 loans), at an average loan of $653K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $252.0B
- Headquarters
- Chicago, IL
- FDIC cert
- #16571
- Status
- Active
Where BMO Bank National Association lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 1,556 | $1.2B |
| Colorado | 561 | $394.6M |
| Arizona | 257 | $168.7M |
| Oregon | 187 | $165.2M |
| Wisconsin | 341 | $142.2M |
| New Mexico | 201 | $126.0M |
Metro areas where BMO Bank National Association funds
What BMO Bank National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 438 | $400.1M |
| Retail Trade | 527 | $374.7M |
| Health Care and Social Assistance | 584 | $337.7M |
| Construction | 489 | $329.2M |
| Professional and Technical Services | 520 | $316.5M |
| Other Services | 426 | $260.2M |
BMO Bank National Association SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 223 | $68.3M |
| 2011 | 227 | $122.8M |
| 2012 | 176 | $93.3M |
| 2013 | 252 | $156.5M |
| 2014 | 277 | $136.6M |
| 2015 | 371 | $234.5M |
| 2016 | 315 | $215.4M |
| 2017 | 411 | $267.3M |
| 2018 | 457 | $271.5M |
| 2019 | 391 | $228.7M |
| 2020 | 359 | $244.1M |
| 2021 | 382 | $336.9M |
| 2022 | 190 | $183.1M |
| 2023 | 288 | $209.3M |
| 2024 | 55 | $58.7M |
| 2025 | 48 | $52.3M |
| 2026 | 14 | $16.7M |
Related SBA lenders
Other lenders active in California or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
BMO Bank National Association: frequently asked questions
Does BMO Bank National Association offer SBA loans?
Yes. BMO Bank National Association appears in the public SBA data with 4,436 funded SBA 7(a) loans totaling $2.9B.
How many SBA loans has BMO Bank National Association made?
BMO Bank National Association is associated with 4,436 SBA 7(a) loans totaling $2.9B in the public SBA data (as of 2026-03-31).
What is BMO Bank National Association's SBA charge-off rate?
About 1.9% of BMO Bank National Association's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does BMO Bank National Association do most of its SBA lending?
BMO Bank National Association's SBA lending in the data is most concentrated in California, and by industry in Manufacturing.
Is BMO Bank National Association an SBA Preferred Lender (PLP)?
The loan record shows BMO Bank National Association operating under PLP delegated authority: 3,467 of its 7(a) loans (78.2%) were processed through the Preferred Lenders Program, including 114 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). BMO Bank National Association SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bmo-bank-national-association/
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