SBA lender profile
Freedom Bank
Freedom Bank appears in the public SBA loan data with 38 funded 7(a) loans since FY2010, totaling $14.7M, an average of $387K per loan, and an estimated 308 jobs supported. Its SBA lending concentrates in Montana and the Information sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 78
- Scale 23
- Activity 36
- Consistency 70
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Freedom Bank the right lender for you?
Lenders fund what they know. Freedom Bank's SBA lending concentrates in Montana (26 loans) and Information (1 loan), at an average loan of $387K. 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
- $66M
- Headquarters
- Sterling, IL
- FDIC cert
- #11705
- Status
- Inactive
Where Freedom Bank lends
Top states by funded SBA volume.
Metro areas where Freedom Bank funds
What Freedom Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Information | 1 | $2.9M |
| Real Estate | 4 | $2.8M |
| Accommodation and Food Services | 4 | $2.1M |
| Other Services | 7 | $2.1M |
| Retail Trade | 8 | $1.8M |
| Arts, Entertainment, Recreation | 4 | $1.3M |
Freedom Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $1.3M |
| 2011 | 2 | $2.1M |
| 2012 | 2 | $379K |
| 2013 | 1 | $192K |
| 2014 | 1 | $2.9M |
| 2016 | 2 | $1.7M |
| 2017 | 5 | $794K |
| 2018 | 2 | $163K |
| 2020 | 2 | $613K |
| 2021 | 4 | $1.3M |
| 2022 | 1 | $900K |
| 2024 | 8 | $875K |
| 2025 | 3 | $1.6M |
Related SBA lenders
Other lenders active in Montana or in Information.
Comparing lenders? See how to choose an SBA lender by track record.
Freedom Bank: frequently asked questions
Does Freedom Bank offer SBA loans?
Yes. Freedom Bank appears in the public SBA data with 38 funded SBA 7(a) loans totaling $14.7M.
How many SBA loans has Freedom Bank made?
Freedom Bank is associated with 38 SBA 7(a) loans totaling $14.7M in the public SBA data (as of 2026-03-31).
What is Freedom Bank's SBA charge-off rate?
About 0.0% of Freedom 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 Freedom Bank do most of its SBA lending?
Freedom Bank's SBA lending in the data is most concentrated in Montana, and by industry in Information.
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). Freedom Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/freedom-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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