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BMO Bank National Association
Chicago, IL · Active Lender · National rank #170
BMO Bank National Association approved 48 SBA 7(a) loans in FY2025, ranking #170 nationally, with an average loan size of about $1,090,012 and most activity in California, Arizona, and Colorado.
BMO Bank National Association is a bank lender headquartered in Chicago, Illinois that participates in the SBA 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, BMO Bank National Association approved 48 SBA 7(a) loans, totaling $52,320,600 in approved loan dollars. Of that amount, $39,203,200 was backed by SBA guaranty. The average loan size across these approved loans was $1,090,012, indicating the bank's FY2025 SBA activity skewed toward larger commercial loans rather than very small business loans.
Based on this same FY2025 dataset, BMO Bank National Association ranks #170 nationally among SBA 7(a) lenders by volume. The bank's SBA lending activity in this period was concentrated most heavily in California, which accounted for 25 of the 48 approved loans, followed by Arizona with 6 loans and Colorado with 5 loans. Beyond these top three states, BMO Bank National Association's FY2025 SBA 7(a) activity also extended into Wisconsin, Illinois, Oregon, Idaho, Florida, Minnesota, New Mexico, and South Dakota, indicating a multi-state footprint rather than activity confined to a single region.
All figures cited here reflect FY2025 SBA 7(a) lender activity data only and do not represent interest rates, approval likelihood, or any other lending terms.
Where BMO Bank National Association lends
| State | Loans | Dollars |
|---|---|---|
| California | 25 | $35,566,700 |
| Colorado | 5 | $6,659,500 |
| Arizona | 6 | $3,500,800 |
| Wisconsin | 4 | $2,173,700 |
| Oregon | 1 | $1,000,000 |
| Idaho | 1 | $850,000 |
| Florida | 1 | $807,100 |
| Illinois | 2 | $633,800 |
| Minnesota | 1 | $491,000 |
| New Mexico | 1 | $353,500 |
| South Dakota | 1 | $284,500 |
Questions people ask
Is BMO Bank National Association an SBA lender?
Yes, FY2025 SBA 7(a) lender activity data shows BMO Bank National Association approved SBA 7(a) loans during that period.
How many SBA 7(a) loans did BMO Bank National Association approve in FY2025?
It approved 48 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved?
Approved loans totaled $52,320,600 in FY2025.
What is BMO Bank National Association's average SBA loan size?
The average loan size was $1,090,012.
How much of the loan amount was backed by SBA guaranty?
$39,203,200 was guaranteed by the SBA.
Where is BMO Bank National Association headquartered?
It is headquartered in Chicago, Illinois.
Where is BMO Bank National Association most active for SBA lending?
Its top states in FY2025 were California (25 loans), Arizona (6 loans), and Colorado (5 loans).
Is BMO Bank National Association a national or regional SBA lender?
It served 11 states in FY2025, including CA, AZ, CO, WI, IL, OR, ID, FL, MN, NM, and SD, suggesting a multi-state rather than purely local presence.
How does BMO Bank National Association rank by SBA loan volume?
It ranked #170 nationally among SBA 7(a) lenders in FY2025.
Does the data show interest rates or approval odds for BMO Bank National Association?
No, the FY2025 SBA activity data does not include interest rates or approval likelihood.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with BMO Bank National Association; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.