SBA Loans for Electrical Contractors in Montana: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Montana. Based on historical SBA 7(a) lending data.
Total Approvals
24
in Montana
Median Loan Size
$147,500
per approval
Recent Activity
2
last 90 days through Aug 2025
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 24 approvals on record and a median loan size of $147,500.
Key trends & insights
- THE Yellowstone Bank leads this industry with 4 approvals (17% market share) and a median loan of $95,450.
- Electrical Contractors in Montana loans skew smaller than the SBA average at $147,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Montana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $95,450 | |
| 2 | 4 | $42,500 | |
| 3 | 3 | $145,000 | |
| 4 | 2 | $150,000 | |
| 5 | 2 | $793,450 | |
| 6 | 2 | $159,000 | |
| 7 | 1 | $265,000 | |
| 8 | 1 | $990,000 | |
| 9 | 1 | $85,000 | |
| 10 | 1 | $50,000 | |
| 11 | 1 | $4,079,000 | |
| 12 | 1 | $91,500 | |
| 13 | 1 | $1,296,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Montana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Mountain America FCU | Epi*****LLC | HAMILTON, MT | $124,000 |
| 2025-08 | Mountain America FCU | Epi*****LLC | HAMILTON, MT | $20,000 |
| 2025-08 | Northeast Bank | Hav*****LLC | Clinton, MT | $150,000 |
| 2025-07 | Northeast Bank | MWR*****LLC | HELENA, MT | $150,000 |
| 2025-03 | Byline Bank | Qu****LLC | KALISPELL, MT | $1,296,000 |
| 2025-03 | Glacier Bank | Gre*****LLC | KALISPELL, MT | $450,000 |
| 2024-12 | First Interstate Bank | Our*****LLC | BOZEMAN, MT | $50,000 |
| 2024-10 | First Internet Bank of Indiana | 3 B*****ing | CLANCY, MT | $4,079,000 |
| 2024-03 | Montana Community Development Corp. | Pau*****LLC | MISSOULA, MT | $145,000 |
| 2024-03 | U.S. Bank, National Association | MW *****LLC | LAUREL, MT | $28,000 |
| 2023-12 | 22nd State Bank, A Division of 22nd State Banking Company | Tay*****ing | KALISPELL, MT | $990,000 |
| 2023-08 | U.S. Bank, National Association | HOR*****LLC | KALISPELL, MT | $57,000 |
| 2023-04 | Montana Community Development Corp. | Her*****LLC | BOZEMAN, MT | $40,000 |
| 2023-01 | U.S. Bank, National Association | FRE*****INC | BIGFORK, MT | $67,400 |
| 2022-06 | Valley Bank of Ronan | Cof*****ces | SAINT IGNATIUS, MT | $243,000 |
| 2022-05 | The Yellowstone Bank | Fac*****LLC | COLUMBUS, MT | $150,000 |
| 2022-05 | The Yellowstone Bank | MTR****LLC | BILLINGS, MT | $40,900 |
| 2022-04 | Bank of Bridger, National Association | Red*****LLC | RED LODGE, MT | $91,500 |
| 2022-02 | Valley Bank of Ronan | Wol*****ion | POLSON, MT | $75,000 |
| 2021-08 | Glacier Bank | JSW*****LLC | Billings, MT | $1,136,900 |
| 2021-06 | BayFirst National Bank | BAK*****LLC | EUREKA, MT | $265,000 |
| 2021-06 | The Yellowstone Bank | Kev*****lma | Billings, MT | $640,000 |
| 2021-03 | The Yellowstone Bank | MTR****LLC | Billings, MT | $29,900 |
| 2020-02 | U.S. Bank, National Association | HOM****INC | BELGRADE, MT | $50,000 |
| 2020-01 | Stockman Bank of Montana | Spa*****LLC | BILLINGS, MT | $85,000 |
| 2020-01 | U.S. Bank, National Association | JER*****SES | GREAT FALLS, MT | $20,000 |
| 2019-11 | Montana Community Development Corp. | Mal*****nc. | Malta, MT | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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