SBA 7(a) lenders in Lake, MT
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
19 institutions have SBA 7(a) loans on record in Lake, together $35.9M across 130 loans. Valley Bank of Ronan is the largest, with 42% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Valley Bank of Ronan | 40 | $15.0M | 41.7% | 0.06% |
| 2 | Glacier Bank | 43 | $6.7M | 18.6% | 9.44% |
| 3 | Newtek Bank, National Association | 4 | $2.9M | 8.0% | 0.00% |
| 4 | Eagle Bank | 4 | $2.0M | 5.6% | 0.00% |
| 5 | Unity Bank | 14 | $1.8M | 5.2% | 0.00% |
| 6 | Byline Bank | 2 | $1.7M | 4.8% | 0.00% |
| 7 | Evolve Bank and Trust | 1 | $1.4M | 3.8% | 0.00% |
| 8 | United Midwest Savings Bank National Association | 2 | $773K | 2.2% | 0.00% |
| 9 | First Interstate Bank | 8 | $689K | 1.9% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 1 | $610K | 1.7% | 0.00% |
| 11 | First Internet Bank of Indiana | 1 | $606K | 1.7% | 0.00% |
| 12 | Farmers State Bank | 1 | $520K | 1.4% | 0.00% |
| 13 | Live Oak Banking Company | 1 | $350K | 1.0% | 0.00% |
| 14 | Stockman Bank of Montana | 1 | $269K | 0.8% | 0.00% |
| 15 | Montana Community Development Corp. | 3 | $155K | 0.4% | 0.00% |
| 16 | First Montana Bank, Inc. | 1 | $150K | 0.4% | 0.00% |
| 17 | 22nd State Bank, A Division of 22nd State Banking Company | 1 | $150K | 0.4% | 0.00% |
| 18 | Colony Bank | 1 | $82K | 0.2% | 0.00% |
| 19 | Northeast Bank | 1 | $60K | 0.2% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Retail trade | 22 | $12.7M | 35.4% |
| 2 | Construction | 26 | $5.4M | 15.2% |
| 3 | Information | 3 | $4.3M | 12.0% |
| 4 | Professional & technical services | 8 | $3.0M | 8.4% |
| 5 | Accommodation & food services | 13 | $2.0M | 5.7% |
| 6 | Health care & social assistance | 6 | $1.7M | 4.7% |
| 7 | Mining & extraction | 1 | $1.4M | 3.8% |
| 8 | Retail trade | 8 | $1.1M | 3.1% |
| 9 | Other services | 10 | $922K | 2.6% |
| 10 | Manufacturing | 3 | $663K | 1.8% |
| 11 | Manufacturing | 4 | $570K | 1.6% |
| 12 | Real estate & leasing | 6 | $449K | 1.3% |
| 13 | Transportation & warehousing | 3 | $386K | 1.1% |
| 14 | Transportation & warehousing | 2 | $300K | 0.8% |
| 15 | Administrative & waste services | 4 | $237K | 0.7% |
| 16 | Agriculture, forestry & fishing | 5 | $207K | 0.6% |
| 17 | Finance & insurance | 1 | $150K | 0.4% |
| 18 | Public administration | 1 | $150K | 0.4% |
| 19 | Wholesale trade | 2 | $113K | 0.3% |
| 20 | Manufacturing | 2 | $84K | 0.2% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.