Bank · Billings, MT
First Interstate Bank
Made 41 SBA 7(a) change-of-ownership loans totaling $40.9M in FY2024 to FY2026: #82 of 1,054 lenders by loans and #106 by dollars. Lends in 10 states. Part of First Intrst Bancsystem.
#82by loans, FY24–26
41loans
$40.9Mapproved
$360Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 15 | $11.2M | $434K | 0.3% |
| FY2025 | 9 | $5.5M | $331K | 0.1% |
| FY2026 | 17 | $24.3M | $259K | 0.3% |
Loan size
Deal size mix
34% of its loans were $1M or more.
- Under $350K20 loans · 49% · $3.0M
- $350K to $1M7 loans · 17% · $4.1M
- $1M to $2M8 loans · 20% · $12.6M
- $2M to $5M6 loans · 15% · $21.2M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 8 | $7.7M |
| Retail Trade | 7 | $7.5M |
| Administrative & Support, Waste Mgmt | 7 | $3.4M |
| Other Services | 6 | $6.8M |
| Manufacturing | 5 | $7.4M |
| Accommodation & Food Services | 3 | $2.4M |
| Transportation & Warehousing | 2 | $3.1M |
| Health Care & Social Assistance | 2 | $295K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Montana | 10 | $11.5M |
| Washington | 9 | $6.2M |
| Oregon | 5 | $1.6M |
| South Dakota | 5 | $7.0M |
| Iowa | 3 | $385K |
| Idaho | 3 | $5.2M |
| Nebraska | 3 | $7.0M |
| Arizona | 1 | $58K |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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