SBA lender profile
BMO Bank National Association
BMO Bank National Association appears in the public SBA loan data with 1,336 funded 7(a) loans totaling $1.1B, an average of $824K per loan, and an estimated 16,373 jobs supported. Its SBA lending concentrates in California and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 1.1%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
1,336
Total volume
$1.1B
Average loan size
$824K
Charge-off rate
1.1%
Share of funded loans charged off
Jobs supported (reported)
16,373
Programs
7(a)
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 | 640 | $556.0M |
| Colorado | 167 | $121.1M |
| Washington | 51 | $59.2M |
| New Mexico | 72 | $51.4M |
| Oregon | 44 | $49.0M |
| Arizona | 74 | $47.6M |
What BMO Bank National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 182 | $146.1M |
| Retail Trade | 154 | $145.4M |
| Construction | 157 | $130.0M |
| Professional and Technical Services | 178 | $123.6M |
| Manufacturing | 105 | $117.5M |
| Other Services | 111 | $94.4M |
BMO Bank National Association SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 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 |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of BMO Bank National Association's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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