Bank of Montana
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Bank of Montana · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $836K | $418K | 25.0% |
| 611512 | Flight Training | 1 | $5.0M | $5.0M | 12.5% |
| 312120 | Breweries | 1 | $1.3M | $1.3M | 12.5% |
| 561499 | All Other Business Support Services | 1 | $5.0M | $5.0M | 12.5% |
| 481212 | Nonscheduled Chartered Freight Air Transportation | 1 | $5.0M | $5.0M | 12.5% |
Geographic Distribution
SBA lending activity for Bank of Montana by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Montana (MT) | 7 | $14.5M | 87.5% |
| Hawaii (HI) | 1 | $5.0M | 12.5% |
Why Choose Bank of Montana?
Based on SBA 7(a) lending track record from 2008-2017
- ✓Proven Track Record: 8 SBA loans approved, totaling $19.5M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Flight Training, Breweries
- ✓Competitive Terms: Average interest rate of 6.00% with flexible term lengths averaging 129 months
- ✓Loan Range: Loan sizes from $150K to $5.0M, with an average of $2.4M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in MT, HI
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Bank of Montana SBA lending
What types of businesses does Bank of Montana typically finance?
Bank of Montana specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), flight training, breweries, all other business support services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Bank of Montana's typical SBA loan terms?
Bank of Montana's SBA 7(a) loans typically feature an average interest rate of 6.00% and average term length of 129 months (approximately 11 years). Loan sizes range from $150K to $5.0M, with an average loan size of $2.4M.
Do I need a business valuation for a Bank of Montana SBA loan?
Yes, Bank of Montana typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Bank of Montana compare to other SBA lenders?
Bank of Montana has originated 8 SBA loans totaling $19.5M since 2008. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Bank of Montana lend in?
Bank of Montana provides SBA 7(a) financing with particularly strong presence in MT, HI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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