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Top Montana PPP lenders (loans <$150,000)
| Rank | Bank | # PPP Loans |
|---|---|---|
| 1 | Glacier Bank | 5,623 |
| 2 | First Interstate Bank | 3,084 |
| 3 | Stockman Bank of Montana | 3,012 |
| 4 | Opportunity Bank of Montana | 703 |
| 5 | The Yellowstone Bank | 627 |
| 6 | U.S. Bank | 598 |
| 7 | TrailWest Bank | 536 |
| 8 | Clearwater FCU | 476 |
| 9 | Wells Fargo Bank | 448 |
| 10 | Farmers State Bank | 363 |
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:
Most active SBA lenders in Montana
| State Rank | Bank | Bank Headquarters | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 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% |
| 11 | First Interstate Bank | Billings, MT | 5 | $499,240 | 7.2% |
| 12 | Stearns Bank | Saint Cloud, MN | 5 | $388,200 | 8.0% |
| 13 | United Midwest Savings Bank | De Graff, OH | 4 | $780,000 | 7.9% |
| 14 | Valley Bank of Ronan | Ronan, MT | 4 | $196,500 | 7.8% |
| 15 | Manhattan Bank | Manhattan, MT | 3 | $166,667 | 6.5% |
| 16 | Newtek Small Business Finance | Lake Success, NY | 3 | $126,667 | 9.2% |
Traditional small biz loan inquiry
Apply online for a PPP loan today
Note: Montana PPP loan activity data from the CARES Act from March – August and does not include 2021 PPP loans.