Last annual update:
Note: On March 31 the Treasury and SBA released important information regarding CARES Act SBA 7(a) loans. We encourage you to read our blog post and act quickly
In general, Montana-based banks were among the largest lenders to “The Treasure State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Montana:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 42 | $170,376 | 8.4% |
| 2 | Glacier Bank | Kalispell, MT | 35 | $181,737 | 6.5% |
| 3 | Wells Fargo | Sioux Falls, SD | 21 | $40,433 | 10.3% |
| 4 | Three Rivers Bank of Montana | Kalispell, MT | 14 | $664,107 | 7.8% |
| 5 | The Yellowstone Bank | Laurel, MT | 12 | $320,646 | 7.4% |
| 6 | Montana Community Development Corp | Missoula, MT | 12 | $138,875 | 9.7% |
| 7 | Rocky Mountain Bank | Billings, MT | 10 | $741,000 | 6.9% |
| 8 | Bank of Bridger | Bridger, MT | 9 | $247,367 | 6.4% |
| 9 | Stockman Bank of Montana | Miles City, MT | 7 | $151,229 | 7.2% |
| 10 | Live Oak | Wilmington, NC | 6 | $1,725,000 | 6.6% |