First Interstate Bank
Headquartered in BILLINGS, MT. Analysis based on 417 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $204.5M.
Total 7(a) loans
417
Total approved
$204.5M
Average loan
$490K
States funded in
13
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
33.47%
Average rate
7.66%
Average term
138 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 34 |
| 722513 | Limited-Service Restaurants | 20 |
| 624410 | Child Day Care Services | 12 |
| 621310 | Offices of Chiropractors | 11 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 11 |
| 812199 | Other Personal Care Services | 10 |
| 561730 | Landscaping Services | 8 |
| 445110 | Supermarkets and Other Grocery (except Convenience) Stores | 8 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 7 |
| 812990 | All Other Personal Services | 7 |
Top 10 states
| State | Loans |
|---|---|
| OR | 78 |
| MT | 63 |
| ID | 54 |
| SD | 54 |
| WA | 51 |
| IA | 29 |
| CO | 28 |
| NE | 16 |
| KS | 16 |
| WY | 11 |
Top franchise brands financed
35 franchise loans across 29 distinct brands.
| Franchise | Loans |
|---|---|
| Nothing Bundt Cakes | 2 |
| IGA USA - License Agreement | 2 |
| Ace Hardware | 2 |
| Kawasaki - Dealer Term Sales a | 2 |
| Vital Care | 2 |
| TemperaturePro | 2 |
| Little Caesars | 1 |
| Hotworx | 1 |
| RNR Rock 'N Roll Sushi | 1 |
| The UPS Store (f/k/a Mail Box | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.