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SBA lenders in Billings, MT

SBA 7(a) and 504 loans to businesses in Billings (Yellowstone County), October 2021 to June 30, 2026 · Updated October 15, 2026
198
SBA loans approved
$141.1M
Total approved
$386,250
Median loan
42
Lenders active
33%
To startups

198 SBA loans worth $141.1M went to businesses in Billings, MT between October 2021 and June 2026, from 42 lenders. Yellowstone Bank made the most, 27 loans. The median loan was $386,250, compared with $250,000 across Montana, and other services (repair, personal care) was the most financed industry.

Most active SBA lenders in Billings

#LenderLoansApprovedMedian loanTo startups
1Yellowstone Bank
Bank · Laurel, MT
27$10.6M$255,00015%
2Big Sky Economic Development
Certified development company · Billings, MT
25$25.7M$720,00012%
3First Interstate Bank
Bank · Billings, MT
18$7.9M$237,70044%
4Glacier Bank
Bank · Kalispell, MT
15$4.6M$153,00073%
5Capital Matrix
Certified development company · Boise, ID
10$10.6M$880,00030%
6U.S. Bank
Bank · Cincinnati, OH
10$1.6M$22,50040%
7Dakota Business Lending
Certified development company · Fargo, ND
9$8.8M$883,00022%
8Readycap Lending
Non-bank lender · Berkeley Heights, NJ
9$6.3M$404,00011%
9Wells Fargo Bank
Bank · Sioux Falls, SD
9$3.0M$15,00078%
10Stockman Bank of Montana
Bank · Miles City, MT
5$1.3M$294,10020%
11Port 51 Lending
Non-bank lender · New York, NY
4$5.0M$950,0000%
12Newtek Bank
Bank · Miami, FL
4$2.2M$282,5000%
13Bank of Bridger
Bank · Bridger, MT
4$977K$100,0000%
14Montana Community Development
Non-bank lender · Missoula, MT
4$497K$119,000100%
15Live Oak Banking
Bank · Wilmington, NC
3$8.7M$3,180,00067%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Billings. For 504 loans the lender shown is the certified development company.

What gets financed in Billings

IndustryLoansShareMedian loanMost active lender
Other services (repair, personal care)24
12%
$274,350Big Sky Economic Development
Restaurants and hotels24
12%
$511,500First Interstate Bank
Retail23
12%
$354,000First Interstate Bank
Professional and technical services23
12%
$500,000Big Sky Economic Development
Health care and social assistance18
9%
$559,400Big Sky Economic Development
Construction16
8%
$110,500Yellowstone Bank
Manufacturing16
8%
$587,500Yellowstone Bank
Administrative and support services11
6%
$233,000Big Sky Economic Development
Loan size mix
  • Under $150,00029%
  • $150,000 to $500,00030%
  • $500,000 to $2 million31%
  • $2 million and up10%
Compared with Montana
Median loan, Billings
$386,250
Median loan, Montana
$250,000
Startup share, Billings
33%
Startup share, Montana
35%
Share of state's SBA loans
17.4%

SBA loans per fiscal year in Billings

03367100FY14: 83 loansFY14FY15: 63 loansFY15FY16: 70 loansFY16FY17: 76 loansFY17FY18: 60 loansFY18FY19: 45 loansFY19FY20: 33 loansFY20FY21: 93 loansFY2193FY22: 29 loansFY22FY23: 37 loansFY23FY24: 47 loansFY24FY25: 58 loansFY25FY26 (Oct to Jun): 27 loansFY2627
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.