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The Lender Report built this page from public records. BMO Bank National Association has not reviewed it. Every lender's page starts this way, and it says nothing about BMO Bank National Association itself. Each figure shows its source and date. Work at BMO Bank National Association? You can claim this page for free.

SBA 7(a) record

BMO Bank National Association: SBA 7(a) loans made

BMO Bank National Association, a bank based in Chicago, IL, made 96 SBA 7(a) loans in the 36 months ending September 30, 2026, $100.7M in all, net of cancelled approvals. The typical loan was about $810K, and 11 were in the last 12 months. Most were in California.

Evidence
SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 9, 2026
Loans, 36 months
96
SBA FOIA,
Net of cancelled approvals
Dollars
$101M
SBA FOIA,
Rounded amounts
Typical loan
$810K
SBA FOIA,
Largest loan
$4.9M
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
11
SBA FOIA,

Cite this

Source: The Lender Report, BMO Bank National Association: SBA 7(a) loans made, https://lender.report/lender/bmo-bank-il/sba-7a/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

BMO Bank National AssociationNewest first
PeriodPlaceLoanAmountRateTermLTVSource
Jul 2026UtahSBA 7(a), Fabricated Structural Metal Manufacturing$500K6%10 yrSBA FOIA
May 2026WisconsinSBA 7(a), Offices of Mental Health Practitioners (except Physicians)$580K6.5%25 yrSBA FOIA
Apr 2026CaliforniaSBA 7(a), Other Heavy and Civil Engineering Construction$1M5.5%25 yrSBA FOIA
Feb 2026WisconsinSBA 7(a), Full-Service Restaurants$240K8.5%10 yrSBA FOIA
Jan 2026ColoradoSBA 7(a), Recreational Goods Rental$1.6M6.75%10 yrSBA FOIA
Jan 2026WisconsinSBA 7(a), Other Miscellaneous Durable Goods Merchant Wholesalers$1M5.75%26 yrSBA FOIA
Jan 2026CaliforniaSBA 7(a), Jewelry Retailers$280K7%10 yrSBA FOIA
Dec 2025IllinoisSBA 7(a), Building Inspection Services$540K6.75%10 yrSBA FOIA
Dec 2025IllinoisSBA 7(a), Building Inspection Services$250K6.25%10 yrSBA FOIA
Nov 2025CaliforniaSBA 7(a), Promoters of Performing Arts, Sports, and Similar Events without Facilities$2.1M5.5%25 yrSBA FOIA
Nov 2025ArizonaSBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors$280K7.75%10 yrSBA FOIA
Sep 2025ColoradoSBA 7(a), All Other Miscellaneous Retailers$3.6M6.25%25 yrSBA FOIA
Sep 2025CaliforniaSBA 7(a), All Other Amusement and Recreation Industries$2.5M7%10 yrSBA FOIA
Sep 2025CaliforniaSBA 7(a), Other Construction Material Merchant Wholesalers$1.2M6.25%25 yrSBA FOIA
Aug 2025ColoradoSBA 7(a), Engineering Services$1.7M6.25%19 yrSBA FOIA
Aug 2025ArizonaSBA 7(a), Janitorial Services$900K5.5%25 yrSBA FOIA
Aug 2025ColoradoSBA 7(a), General Automotive Repair$820K5.5%15 yrSBA FOIA
Aug 2025CaliforniaSBA 7(a), Tax Preparation Services$520K7.25%10 yrSBA FOIA
Aug 2025WisconsinSBA 7(a), Snack and Nonalcoholic Beverage Bars$320K5.5%25 yrSBA FOIA
Aug 2025IllinoisSBA 7(a), Other Accounting Services$240K6%25 yrSBA FOIA
Aug 2025ColoradoSBA 7(a), Other Miscellaneous Nondurable Goods Merchant Wholesalers$100K9%10 yrSBA FOIA
Jul 2025CaliforniaSBA 7(a), All Other Specialty Trade Contractors$1.7M8.75%26 yrSBA FOIA
Jul 2025CaliforniaSBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers)$1.6M6%15 yrSBA FOIA
Jul 2025ColoradoSBA 7(a), Offices of Chiropractors$440K8%10 yrSBA FOIA
Jul 2025IllinoisSBA 7(a), Insurance Agencies and Brokerages$390K5.25%25 yrSBA FOIA
96 SBA 7(a) loans since October 2023, net of cancelled$101MSBA FOIA

A blank means the source did not report it.

Where BMO Bank National Association's SBA 7(a) loans were made, most loans first
StateLoansDollars
California46$52.3M
Colorado11$11.3M
Wisconsin8$4.30M
Arizona7$5.18M
Illinois6$3.46M
Utah5$4.17M
New Mexico3$5.05M
Oregon2$1.98M
Florida1$810K
Idaho1$850K
Indiana1$380K
Michigan1$1.70M
SBA FOIA,

SBA loans are on record by state only.

BMO Bank National Association: SBA 7(a) loans by size
Loan sizeLoansDollars
Under $150K3$340K
$150K to $350K17$4.52M
$350K to $1M41$25.6M
$1M to $2.5M26$37.4M
$2.5M or more9$32.8M
SBA FOIA,
BMO Bank National Association: SBA 7(a) loans by quarter
QuarterLoansDollars
2023 Q421$26.2M
2024 Q113$12.4M
2024 Q211$12.0M
2024 Q32$1.04M
2024 Q49$9.02M
2025 Q110$7.13M
2025 Q25$8.46M
2025 Q314$16.0M
2025 Q44$3.17M
2026 Q14$3.12M
2026 Q22$1.58M
2026 Q31$500K
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
Preferred Lenders Program94
7a General1
SBA Express Program1
SBA FOIA,
  • BMO Bank National Association made 96 SBA 7(a) loans totaling $100.7M in the 36 months ending September 30, 2026, net of cancelled approvals, in 16 states. SBA FOIA,
  • 11 of them were in the 12 months to September 30, 2026, and 38 in the 12 months before. SBA FOIA,
  • The typical loan was about $810K, with the middle half between $380K and $1.3M. SBA FOIA,
  • The largest was about $4.9M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 3 loans were under $150K, and 35 were $1M or more. SBA FOIA,
  • The SBA file shows a median initial rate of 7.00% on 96 loans, with the middle half between 6.00% and 8.50%. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Its loans went most often to Full-Service Restaurants, with 5. SBA FOIA,
  • The SBA file lists 94 of its loans as processed under Preferred Lenders Program. SBA FOIA,
  • Its loans were most often in California (46), Colorado (11) and Wisconsin (8). SBA FOIA,

What we don't know

  • Whether BMO Bank National Association is taking new SBA 7(a) loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Loans are SBA approvals, net of cancelled approvals.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.