SBA lender profile
Milestone Bank
Milestone Bank appears in the public SBA loan data with 128 funded 7(a) loans totaling $200.5M, an average of $1.6M per loan, and an estimated 2,594 jobs supported. Its SBA lending concentrates in Texas and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
128
Total volume
$200.5M
Average loan size
$1.6M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
2,594
Programs
7(a)
Bank profile
via FDIC- Total assets
- $361M
- Headquarters
- Salt Lake City, UT
- FDIC cert
- #58148
- Status
- Active
Where Milestone Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Texas | 23 | $46.2M |
| Florida | 24 | $34.4M |
| Colorado | 12 | $24.3M |
| South Carolina | 11 | $17.4M |
| California | 5 | $9.6M |
| Nevada | 6 | $8.8M |
What Milestone Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 40 | $50.2M |
| Other Services | 14 | $26.7M |
| Health Care and Social Assistance | 11 | $22.7M |
| Manufacturing | 8 | $20.8M |
| Arts, Entertainment, Recreation | 10 | $20.3M |
| Retail Trade | 12 | $13.4M |
Milestone Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2023 | 18 | $23.3M |
| 2024 | 22 | $34.8M |
| 2025 | 54 | $76.6M |
| 2026 | 34 | $65.8M |
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 Milestone Bank'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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