SBA lender profile
First Interstate Bank
First Interstate Bank appears in the public SBA loan data with 2,157 funded 7(a) loans since FY2010, totaling $908.5M, an average of $421K per loan, and an estimated 27,664 jobs supported. Its SBA lending concentrates in Washington and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 3.4%. 41.0% 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 70
- Scale 94
- Activity 87
- Consistency 86
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Interstate Bank the right lender for you?
Lenders fund what they know. First Interstate Bank's SBA lending concentrates in Washington (280 loans) and Accommodation and Food Services (408 loans), at an average loan of $421K. 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
- $26.4B
- Headquarters
- Billings, MT
- FDIC cert
- #1105
- Status
- Active
Where First Interstate Bank lends
Top states by funded SBA volume.
Metro areas where First Interstate Bank funds
What First Interstate Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 408 | $212.8M |
| Retail Trade | 340 | $156.5M |
| Manufacturing | 237 | $133.1M |
| Health Care and Social Assistance | 189 | $72.1M |
| Construction | 237 | $64.9M |
| Other Services | 167 | $54.9M |
First Interstate Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 251 | $54.1M |
| 2011 | 246 | $83.4M |
| 2012 | 204 | $82.2M |
| 2013 | 233 | $122.3M |
| 2014 | 213 | $96.0M |
| 2015 | 140 | $55.7M |
| 2016 | 190 | $79.9M |
| 2017 | 132 | $75.0M |
| 2018 | 76 | $31.0M |
| 2019 | 42 | $14.7M |
| 2020 | 45 | $19.6M |
| 2021 | 68 | $36.7M |
| 2022 | 63 | $54.6M |
| 2023 | 72 | $30.3M |
| 2024 | 71 | $30.1M |
| 2025 | 94 | $30.7M |
| 2026 | 17 | $12.3M |
Related SBA lenders
Other lenders active in Washington or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
First Interstate Bank: frequently asked questions
Does First Interstate Bank offer SBA loans?
Yes. First Interstate Bank appears in the public SBA data with 2,157 funded SBA 7(a) loans totaling $908.5M.
How many SBA loans has First Interstate Bank made?
First Interstate Bank is associated with 2,157 SBA 7(a) loans totaling $908.5M in the public SBA data (as of 2026-03-31).
What is First Interstate Bank's SBA charge-off rate?
About 3.4% of First Interstate Bank'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 First Interstate Bank do most of its SBA lending?
First Interstate Bank's SBA lending in the data is most concentrated in Washington, and by industry in Accommodation and Food Services.
Is First Interstate Bank an SBA Preferred Lender (PLP)?
The loan record shows First Interstate Bank operating under PLP delegated authority: 884 of its 7(a) loans (41.0%) were processed through the Preferred Lenders Program, including 88 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). First Interstate Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-interstate-bank/
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