Local lending data
Who lends to businesses in Gallatin County?
122 SBA 7(a) loans went to businesses in Gallatin County recently, at a median of $227,500. The lenders that made them, ranked, with local rates and startup share.
122 SBA 7(a) loans went to businesses in Gallatin County in the most recent fiscal years, at a median of $227,500. The most active lender was Wells Fargo Bank, with 11 loans.
SBA lending in Gallatin County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Gallatin County | Montana | National |
|---|---|---|---|
| Loans approved | 122 | 667 | 214,102 |
| Median loan | $227,500 | $180,000 | $150,000 |
| 25th - 75th percentile | $75,000 - $496,250 | $50,000 - $500,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.25% | 10.00% | 10.25% |
| Share to startups | 36.1% | 37.9% | 33.6% |
| Charge-off rate, FY2010-19 | 4.0% | 3.8% | 7.1% |
| Jobs supported | 1,328 | 6,357 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Gallatin County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Wells Fargo Bank | 11 | $15,000 | 100% | 13.50% |
| Montana Community Development Corp | 8 | $125,000 | 62% | 10.25% |
| U.S. Bank | 8 | $40,750 | 38% | 10.74% |
| First Interstate Bank | 7 | $150,000 | 43% | 10.25% |
| Manhattan Bank | 6 | $50,000 | 17% | 8.50% |
| The Yellowstone Bank | 6 | $193,000 | 33% | 8.95% |
| United Midwest Savings Bank | 6 | $158,500 | 50% | 10.50% |
| Readycap Lending, LLC | 5 | $279,500 | 40% | 11.50% |
| The Huntington National Bank | 5 | $495,000 | 20% | 9.75% |
| Opportunity Bank of Montana | 5 | $837,000 | 20% | 8.50% |
What stands out here
Reading these figures against the national picture:
- Loans here run larger than average. The median of $227,500 is 52% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- Startup share is about average, at 36% against 34% nationally.
- Lending here is fragmented. The top three lenders made only 22% of these loans between them, so no single institution owns this market. That is good news: it means shopping genuinely pays.
- This market has performed well. Its FY2010-2019 charge-off rate of 4.0% is below the 7.1% overall figure, which is part of why lenders compete for it.
Who borrows in Gallatin County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 20 | 16.4% |
| Admin Services | 17 | 13.9% |
| Professional Services | 15 | 12.3% |
| Retail | 15 | 12.3% |
| Restaurants and Hotels | 15 | 12.3% |
| Arts and Recreation | 8 | 6.6% |
| Manufacturing | 7 | 5.7% |
| Healthcare | 6 | 4.9% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Montana.
Other counties in Montana
- Nearby markets with published data: Yellowstone County, Flathead County