SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Montana: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Montana. Based on historical SBA 7(a) lending data.

Total Approvals

5

in Montana

Median Loan Size

$455,000

per approval

Recent Activity

0

last 90 days through Apr 2022

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $455,000.

Key trends & insights

  • Industrial Machinery and Equipment Merchant Wholesalers in Montana lending is concentrated — Mountain America FCU, Glacier Bank, U.s. Bank, National Association together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Mountain America FCU leads this industry with 1 approvals (20% market share) and a median loan of $2,635,000.
  • SBA data for this industry goes through 2022-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Montana

#LenderApprovalsMedian Size
11$2,635,000
21$27,000
31$860,600
41$455,000
51$25,000

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Montana

MonthLenderBorrowerAmount
2023-04First Interstate BankMa****LLC$147,700
2023-04First Interstate BankMa****LLC$200,000
2022-04Bank of Bridger, National AssociationHI-*****NC.$25,000
2022-03Mountain America FCUHil*****LLC$2,635,000
2021-06Gulf Coast Bank and Trust CompanyMam*****LLC$455,000
2021-06Glacier BankCon*****LLC$27,000
2019-11U.S. Bank, National AssociationRus*****ing$860,600

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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