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SBA lender profile

Milestone Bank

Milestone Bank appears in the public SBA loan data with 166 funded 7(a) loans since FY2010, totaling $222.8M, an average of $1.3M per loan, and an estimated 3,313 jobs supported. Its SBA lending concentrates in Texas and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 4.8%. 72.3% 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 63
Scale 74
Activity 90
Consistency 58

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
166
Since FY2010
Total volume
$222.8M
Average loan size
$1.3M
7(a) charge-off rate
4.8%
Share of 7(a) loans charged off
Jobs supported (reported)
3,313
Programs
7(a)

Is Milestone Bank the right lender for you?

Lenders fund what they know. Milestone Bank's SBA lending concentrates in Texas (25 loans) and Accommodation and Food Services (49 loans), at an average loan of $1.3M. If your business does not look like that, a different SBA lender is likely the better fit.

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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.

StateLoansTotal volume
Texas 25 $46.8M
Florida 30 $36.6M
Colorado 13 $25.1M
South Carolina 11 $17.4M
California 6 $10.5M
Nevada 6 $8.8M

What Milestone Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Accommodation and Food Services 49 $53.4M
Health Care and Social Assistance 28 $32.8M
Other Services 16 $28.6M
Arts, Entertainment, Recreation 15 $23.9M
Manufacturing 10 $23.3M
Retail Trade 14 $14.5M

Milestone Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20102$850K
20112$1.3M
20121$780K
20134$2.5M
20143$2.7M
20156$4.2M
20167$4.1M
201713$6.0M
202318$23.3M
202422$34.8M
202554$76.6M
202634$65.8M

Related SBA lenders

Other lenders active in Texas or in Accommodation and Food Services.

Comparing lenders? See how to choose an SBA lender by track record.

Milestone Bank: frequently asked questions

Does Milestone Bank offer SBA loans?

Yes. Milestone Bank appears in the public SBA data with 166 funded SBA 7(a) loans totaling $222.8M.

How many SBA loans has Milestone Bank made?

Milestone Bank is associated with 166 SBA 7(a) loans totaling $222.8M in the public SBA data (as of 2026-03-31).

What is Milestone Bank's SBA charge-off rate?

About 4.8% of Milestone 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 Milestone Bank do most of its SBA lending?

Milestone Bank's SBA lending in the data is most concentrated in Texas, and by industry in Accommodation and Food Services.

Is Milestone Bank an SBA Preferred Lender (PLP)?

The loan record shows Milestone Bank operating under PLP delegated authority: 120 of its 7(a) loans (72.3%) were processed through the Preferred Lenders Program, including 102 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Milestone Bank

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.

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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 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Milestone Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/milestone-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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