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.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
2,643
2010–2026
Total Volume
$1.3B
Gross loan amounts
States Active
22
With recorded loans
Programs
7(a) & 504
2643 total segments
First Interstate Bank has a strong focus on existing businesses, with 51% of their deals serving this purpose. This makes them a solid choice if you're looking to expand or refinance an established business.
With an average 7(a) spread of P+2.00%, First Interstate Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite a significant volume of deals, First Interstate Bank has experienced a 27% decline in year-over-year growth. This trend may indicate a tightening of lending standards, which could affect your approval chances.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 508 504 loans, which use fixed SBA debenture rates.
Top 15 of 22 states where First Interstate Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Retail Trade
Retail Trade
Other Health Practitioners
Health Care & Social Assistance
Hotels & Accommodation
Accommodation & Food Services
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for First Interstate Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Montana · Specialty Trade Contractors · Under $150K | 7(a) | 39 | P+3.75% | $71K | Q2 2025 |
| Montana · Restaurants & Food Service · Under $150K | 7(a) | 30 | P+2.63% | $71K | Q2 2025 |
| Oregon · Restaurants & Food Service · Under $150K | 7(a) | 26 | P+2.75% | $77K | Q1 2025 |
| Montana · Transportation & Warehousing · Under $150K | 7(a) | 24 | P+3.75% | $53K | Q1 2015 |
| Washington · Restaurants & Food Service · Under $150K | 7(a) | 23 | P+2.25% | $93K | Q4 2024 |
| South Dakota · Restaurants & Food Service · Under $150K | 7(a) | 23 | P+2.50% | $80K | Q4 2024 |
| Montana · Restaurants & Food Service · $150K – $350K | 7(a) | 22 | P+2.63% | $248K | Q2 2025 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 20 | P+2.38% | $248K | Q4 2024 |
| Idaho · Manufacturing · Under $150K | 7(a) | 20 | P+2.50% | $82K | Q2 2024 |
| South Dakota · Manufacturing · Under $150K | 7(a) | 20 | P+2.75% | $69K | Q2 2024 |
| Montana · Retail Trade · Under $150K | 7(a) | 17 | P+2.25% | $36K | Q1 2023 |
| Montana · Administrative & Waste Services · Under $150K | 7(a) | 17 | P+3.75% | $78K | Q2 2025 |
| Washington · Gas Stations · $1M – $2M | 7(a) | 15 | P+2.25% | $1.5M | Q4 2016 |
| Idaho · Specialty Trade Contractors · Under $150K | 7(a) | 15 | P+2.50% | $66K | Q1 2025 |
| Idaho · Other Health Practitioners · Under $150K | 7(a) | 15 | P+2.00% | $73K | Q3 2024 |
| Oregon · Manufacturing · Under $150K | 7(a) | 14 | P+2.75% | $80K | Q1 2025 |
| South Dakota · Other Health Practitioners · Under $150K | 7(a) | 13 | P+2.75% | $56K | Q3 2023 |
| South Dakota · Restaurants & Food Service · $150K – $350K | 7(a) | 13 | P+1.75% | $226K | Q2 2024 |
| Washington · Hotels & Accommodation · $2M – $5M | 7(a) | 13 | P+1.75% | $3.1M | Q1 2017 |
| Iowa · Manufacturing · $150K – $350K | 7(a) | 12 | P+2.00% | $241K | Q2 2024 |
| Montana · Manufacturing · Under $150K | 7(a) | 12 | P+2.38% | $80K | Q4 2019 |
| Idaho · Transportation & Warehousing · Under $150K | 7(a) | 12 | P+2.63% | $66K | Q3 2025 |
| Montana · Other Health Practitioners · Under $150K | 7(a) | 12 | P+2.75% | $79K | Q3 2021 |
| Washington · Hotels & Accommodation · $500K – $1M | 7(a) | 11 | P+2.25% | $694K | Q3 2016 |
| Idaho · Restaurants & Food Service · $150K – $350K | 7(a) | 11 | P+2.00% | $259K | Q2 2016 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with First Interstate Bank.
No reviews yet. Be the first to review First Interstate Bank.