STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
GOOD
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
6,001
2010–2026
Total Volume
$4.5B
Gross loan amounts
States Active
36
With recorded loans
Programs
7(a) & 504
6001 total segments
BMO Bank has a strong focus on existing businesses, with 81% of their SBA deals serving this segment. This makes them a solid choice for established companies looking to expand or refinance.
With a 28% share of 504 loans, BMO Bank stands out among SBA lenders, as the national average is only around 18%. This indicates they are well-equipped to handle real estate-heavy financing needs.
Despite their strong performance, BMO Bank's SBA lending has seen a decline of 16% year-over-year. This trend may suggest a tightening in their lending criteria, which could impact approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 1,657 504 loans, which use fixed SBA debenture rates.
Top 15 of 36 states where BMO Bank National Association has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Restaurants & Food Service
Accommodation & Food Services
Physician & Dental Offices
Health Care & Social Assistance
Other Health Practitioners
Health Care & Social Assistance
Auto Repair & Maintenance
Other Services
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for BMO Bank National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Manufacturing · $1M – $2M | 504 | 52 | — | $1.4M | Q4 2024 |
| California · Wholesale Trade · $500K – $1M | 504 | 48 | — | $725K | Q1 2021 |
| California · Wholesale Trade · $1M – $2M | 504 | 48 | — | $1.4M | Q3 2024 |
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 41 | P+2.75% | $284K | Q1 2025 |
| California · Specialty Trade Contractors · $150K – $350K | 7(a) | 41 | P+2.75% | $303K | Q4 2023 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 40 | P+1.29% | $723K | Q2 2024 |
| California · Wholesale Trade · $150K – $350K | 7(a) | 36 | P+2.75% | $304K | Q3 2023 |
| California · Specialty Trade Contractors · $500K – $1M | 7(a) | 35 | P+0.75% | $710K | Q2 2023 |
| California · Manufacturing · $150K – $350K | 7(a) | 35 | P+2.75% | $294K | Q3 2023 |
| California · Manufacturing · $1M – $2M | 7(a) | 32 | P+1.14% | $1.3M | Q2 2022 |
| California · Manufacturing · $500K – $1M | 504 | 32 | — | $716K | Q2 2022 |
| California · Physician & Dental Offices · $500K – $1M | 7(a) | 30 | P+1.28% | $700K | Q3 2022 |
| California · Specialty Trade Contractors · $500K – $1M | 504 | 29 | — | $669K | Q1 2024 |
| California · Manufacturing · $500K – $1M | 7(a) | 28 | P+1.36% | $752K | Q2 2025 |
| California · Physician & Dental Offices · $150K – $350K | 7(a) | 27 | P+2.75% | $284K | Q3 2023 |
| California · Wholesale Trade · Under $150K | 7(a) | 26 | P+2.50% | $137K | Q3 2023 |
| California · Restaurants & Food Service · $1M – $2M | 7(a) | 26 | P+0.41% | $1.4M | Q1 2025 |
| California · Specialty Trade Contractors · $1M – $2M | 7(a) | 25 | P+0.64% | $1.4M | Q3 2025 |
| California · Wholesale Trade · $500K – $1M | 7(a) | 25 | P+1.10% | $723K | Q1 2025 |
| California · Manufacturing · $2M – $5M | 504 | 24 | — | $2.9M | Q1 2023 |
| California · Specialty Trade Contractors · $150K – $350K | 504 | 23 | — | $249K | Q4 2024 |
| California · Wholesale Trade · $1M – $2M | 7(a) | 23 | P+0.46% | $1.4M | Q3 2025 |
| California · Physician & Dental Offices · $500K – $1M | 504 | 23 | — | $712K | Q4 2021 |
| California · Wholesale Trade · $2M – $5M | 504 | 23 | — | $3.1M | Q1 2022 |
| California · Auto Repair & Maintenance · $500K – $1M | 7(a) | 21 | P+0.69% | $765K | Q2 2025 |
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Real experiences from borrowers who closed SBA loans with BMO Bank National Association.
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Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.