Milestone Bank: SBA Lending Profile
Milestone Bank is an FDIC-insured bank, headquartered in Salt Lake City, UT. It is active in 31 states, concentrated around TX, FL, CO. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Milestone Bank actually approves
The median SBA approval at Milestone Bank is $1,056,000. The middle 80% of its loans fall between $404,600 and $4,129,200. The smallest approval on record since 2020 is $150,000 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.
Industries it funds most
| Industry | Loans since 2020 | Share |
|---|---|---|
| Limited-Service Restaurants | 14 | 10.4% |
| Full-Service Restaurants | 12 | 8.9% |
| Snack and Nonalcoholic Beverage Bars | 8 | 5.9% |
| Child Day Care Services | 5 | 3.7% |
| All Other Amusement and Recreation Industries | 5 | 3.7% |
| Fitness and Recreational Sports Centers | 4 | 3% |
| Beer, Wine, and Liquor Retailers | 4 | 3% |
| Assisted Living Facilities for the Elderly | 3 | 2.2% |
| Plumbing, Heating, and Air-Conditioning Contractors | 3 | 2.2% |
| Automotive Oil Change and Lubrication Shops | 3 | 2.2% |
| All Other Professional, Scientific, and Technical Services | 3 | 2.2% |
| Offices of All Other Miscellaneous Health Practitioners | 3 | 2.2% |
Borrower profile
- 45.9% of its recent SBA loans went to startups or businesses under two years old, which is high, most SBA lenders skew heavily toward established companies.
- Collateral was taken on 99.3% of its recent SBA loans.
- 0% 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 Milestone Bank.