Montana · Mining & Energy
SBA loans for mining & energy in Montana
22 loans worth $12.5M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Montana.
Loans
22
Approved
$12.5M
Median loan
$240,500
+6% vs sector nationally
Median rate
6.00%
Jobs supported
236
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Montana
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Alaska Growth Capital BIDCO, Inc. | 2 | $5.3M | |
| Bank of Bridger | 2 | $1.7M | |
| Evolve Bank and Trust | 1 | $1.4M | |
| Glacier Bank | 6 | $1.0M | |
| The Yellowstone Bank | 2 | $1.0M | |
| Bank of the Rockies | 2 | $750K | |
| Wells Fargo Bank | 3 | $575K | |
| Stockman Bank of Montana | 2 | $474K |
Detail
Which industries inside the sector
All SBA lending in Montana
4,924 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Montana?
- 22 SBA loans totalling $12,451,200 have been approved for mining, quarrying, and oil and gas extraction projects in Montana since FY2010.
- Which lenders finance mining & energy in Montana?
- The most active by dollars approved are Alaska Growth Capital BIDCO, Inc., Bank of Bridger, Evolve Bank and Trust, Glacier Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Montana?
- The median approval is $240,500, 6% above the national median for this sector ($227,300).
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