BMO Bank National Association: SBA Lending Profile
BMO Bank National Association is an FDIC-insured bank, headquartered in Chicago, IL. It is active in 28 states, concentrated around CA, CO, AZ. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes BMO Bank National Association actually approves
The median SBA approval at BMO Bank National Association is $468,000. The middle 80% of its loans fall between $150,000 and $1,919,050. The smallest approval on record since 2020 is $18,000 and the largest is $5,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Programs
| Program | Loans FY25-26 | Median size | Median rate | Median term |
|---|---|---|---|---|
| SBA 7(a) | 64 | $468K | 6% | 10 years |
| 504 first mortgage (third party) | 24 | $950K | n/a | 20 years |
Industries it funds most
| Industry | Loans since 2020 | Share |
|---|---|---|
| Full-Service Restaurants | 51 | 4.3% |
| Offices of Dentists | 35 | 2.9% |
| Offices of Certified Public Accountants | 33 | 2.8% |
| Offices of Physicians (except Mental Health Specialists) | 31 | 2.6% |
| All Other Specialty Trade Contractors | 31 | 2.6% |
| General Automotive Repair | 29 | 2.4% |
| Plumbing, Heating, and Air-Conditioning Contractors | 28 | 2.3% |
| Insurance Agencies and Brokerages | 24 | 2% |
| Offices of Lawyers | 24 | 2% |
| Limited-Service Restaurants | 23 | 1.9% |
| All Other Professional, Scientific, and Technical Services | 19 | 1.6% |
| Other Miscellaneous Durable Goods Merchant Wholesalers | 18 | 1.5% |
Borrower profile
- only 11% of its recent SBA loans went to startups, this lender works almost entirely with established businesses.
- Collateral was taken on 75.3% of its recent SBA loans.
- 58.3% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by BMO Bank National Association.