SBA lending by state
SBA Lending in Montana
In Montana, SBA lenders funded 1,876 7(a) and 504 loans totaling $1.1B, an average of $567K per loan. The most active lender is Big Sky Economic Development Corporation, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
1,876
Total volume
$1.1B
Average loan size
$567K
Most active SBA lenders in Montana
| Lender | Loans | Total volume |
|---|---|---|
| Big Sky Economic Development Corporation | 300 | $206.8M |
| Capital Matrix, Inc. | 104 | $70.6M |
| The Yellowstone Bank | 112 | $58.6M |
| Dakota Business Lending | 78 | $57.0M |
| Glacier Bank | 156 | $52.5M |
| Live Oak Banking Company | 36 | $49.4M |
| First Interstate Bank | 66 | $28.7M |
| Three Rivers Bank of Montana | 47 | $24.1M |
Top industries funded in Montana
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 285 | $220.6M |
| Retail Trade | 272 | $186.3M |
| Health Care and Social Assistance | 192 | $102.2M |
| Other Services | 179 | $98.3M |
| Construction | 235 | $90.8M |
| Manufacturing | 133 | $83.1M |
| Professional and Technical Services | 153 | $68.9M |
| Real Estate | 58 | $40.3M |
SBA lending in Montana by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 35 | $17.1M |
| 2011 | 35 | $25.3M |
| 2012 | 42 | $20.6M |
| 2013 | 34 | $20.5M |
| 2014 | 20 | $20.2M |
| 2015 | 19 | $9.2M |
| 2016 | 30 | $21.5M |
| 2017 | 19 | $10.7M |
| 2018 | 15 | $13.5M |
| 2019 | 20 | $17.2M |
| 2020 | 206 | $87.9M |
| 2021 | 323 | $186.4M |
| 2022 | 228 | $134.8M |
| 2023 | 187 | $98.8M |
| 2024 | 257 | $135.4M |
| 2025 | 318 | $179.8M |
| 2026 | 88 | $64.5M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.