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Buying a Business in Montana

What SBA acquisition lending actually looks like in Montana, from loan-level government data.

FY2025 Acquisition Loans

40

$42.0M approved

Median Loan

$475,000

FY2020 through FY2025

Loans Since FY2020

221

$186.4M in total approvals

Share of U.S. Activity

0.6%

Of change-of-ownership loans

Most Active Acquisition Lenders in Montana

  1. 1. Glacier Bank28 loans
  2. 2. First Interstate Bank19 loans
  3. 3. The Yellowstone Bank16 loans
  4. 4. Live Oak Banking Company12 loans
  5. 5. Three Rivers Bank of Montana9 loans

A lender being active in Montana does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in Montana

  • Hotels (except Casino Hotels) and Motels12 loans
  • Limited-Service Restaurants10 loans
  • Full-Service Restaurants8 loans
  • All Other Specialty Trade Contractors8 loans
  • Landscaping Services7 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Montana project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.