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SBA 7(a) record
Milestone Bank: SBA 7(a) loans made
Milestone Bank, a bank based in Salt Lake City, UT, made 133 SBA 7(a) loans in the 36 months ending September 30, 2026, $234.3M in all, net of cancelled approvals. The typical loan was about $1.1M, and 66 were in the last 12 months. Most were in Texas.
- 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
- 133
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $234M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $1.1M
- SBA FOIA,
- Largest loan
- $5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 66
- SBA FOIA,
Cite this
Source: The Lender Report, Milestone Bank: SBA 7(a) loans made, https://lender.report/lender/milestone-bank-ut/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Michigan | SBA 7(a), Flooring Contractors | $5M | 8.5% | 15 yr | SBA FOIA | |
| Sep 2026 | Minnesota | SBA 7(a), Landscaping Services | $1.6M | 9% | 10 yr | SBA FOIA | |
| Sep 2026 | Tennessee | SBA 7(a), Wholesale Trade | $650K | 9.75% | 10 yr | SBA FOIA | |
| Sep 2026 | Tennessee | SBA 7(a), Wholesale Trade | $250K | 9.75% | 10 yr | SBA FOIA | |
| Aug 2026 | New Jersey | SBA 7(a), Amusement and Theme Parks | $3.8M | 9.25% | 11 yr | SBA FOIA | |
| Aug 2026 | California | SBA 7(a), Amusement Arcades | $2.3M | 9.5% | 11 yr | SBA FOIA | |
| Aug 2026 | South Carolina | SBA 7(a), Limited-Service Restaurants | $1.1M | 9% | 10 yr | SBA FOIA | |
| Aug 2026 | Wisconsin | SBA 7(a), Landscaping Services | $1.1M | 8.25% | 25 yr | SBA FOIA | |
| Jul 2026 | New York | SBA 7(a), Hotels (except Casino Hotels) and Motels | $5M | 8.25% | 25 yr | SBA FOIA | |
| Jul 2026 | Oregon | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $1.9M | 9.5% | 10 yr | SBA FOIA | |
| Jul 2026 | Colorado | SBA 7(a), Roofing Contractors | $980K | 8.75% | 10 yr | SBA FOIA | |
| Jul 2026 | Michigan | SBA 7(a), Beer, Wine, and Liquor Retailers | $860K | 9% | 25 yr | SBA FOIA | |
| Jul 2026 | Texas | SBA 7(a), Finish Carpentry Contractors | $640K | 9.5% | 10 yr | SBA FOIA | |
| Jul 2026 | Washington | SBA 7(a), Roofing Contractors | $400K | 8.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Illinois | SBA 7(a), Other Miscellaneous Durable Goods Merchant Wholesalers | $5M | 8.75% | 10 yr | SBA FOIA | |
| Jun 2026 | New Hampshire | SBA 7(a), All Other Amusement and Recreation Industries | $5M | 8.75% | 11 yr | SBA FOIA | |
| Jun 2026 | Utah | SBA 7(a), Glass and Glazing Contractors | $5M | 8.75% | 10 yr | SBA FOIA | |
| Jun 2026 | California | SBA 7(a), Industrial Supplies Merchant Wholesalers | $3M | 8.75% | 1 yr | SBA FOIA | |
| Jun 2026 | Ohio | SBA 7(a), Wholesale Trade Agents and Brokers | $2.1M | 9.5% | 10 yr | SBA FOIA | |
| Jun 2026 | Florida | SBA 7(a), Tire Dealers | $1.5M | 9.5% | 25 yr | SBA FOIA | |
| Jun 2026 | Louisiana | SBA 7(a), Real Estate and Rental and Leasing | $660K | 8.75% | 25 yr | SBA FOIA | |
| Jun 2026 | Texas | SBA 7(a), All Other Automotive Repair and Maintenance | $640K | 9.5% | 10 yr | SBA FOIA | |
| Jun 2026 | Minnesota | SBA 7(a), General Automotive Repair | $400K | 8.75% | 10 yr | SBA FOIA | |
| May 2026 | Texas | SBA 7(a), Support Activities for Animal Production | $5M | 9.25% | 10 yr | SBA FOIA | |
| May 2026 | Texas | SBA 7(a), Commercial and Institutional Building Construction | $2.1M | 9.5% | 10 yr | SBA FOIA | |
| 133 SBA 7(a) loans since October 2023, net of cancelled | $234M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Texas | 25 | $52.7M |
| Florida | 22 | $29.5M |
| Colorado | 11 | $19.6M |
| California | 8 | $14.6M |
| South Carolina | 8 | $16.2M |
| Nevada | 7 | $11.0M |
| Michigan | 6 | $9.19M |
| Tennessee | 6 | $8.30M |
| Georgia | 4 | $4.98M |
| Ohio | 4 | $6.85M |
| Arkansas | 2 | $3.40M |
| Illinois | 2 | $8.60M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 0 | $0 |
| $150K to $350K | 11 | $2.35M |
| $350K to $1M | 46 | $28.6M |
| $1M to $2.5M | 40 | $64.1M |
| $2.5M or more | 36 | $139M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 2 | $910K |
| 2024 Q1 | 5 | $3.44M |
| 2024 Q2 | 7 | $16.3M |
| 2024 Q3 | 5 | $11.1M |
| 2024 Q4 | 5 | $3.42M |
| 2025 Q1 | 20 | $31.9M |
| 2025 Q2 | 13 | $12.8M |
| 2025 Q3 | 10 | $22.4M |
| 2025 Q4 | 13 | $31.6M |
| 2026 Q1 | 19 | $33.1M |
| 2026 Q2 | 20 | $41.8M |
| 2026 Q3 | 14 | $25.6M |
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.
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.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 120 |
| SBA Express Program | 11 |
| 7a General | 1 |
| Working Capital CAPLine | 1 |
- Milestone Bank made 133 SBA 7(a) loans totaling $234.3M in the 36 months ending September 30, 2026, net of cancelled approvals, in 32 states. SBA FOIA,
- 66 of them were in the 12 months to September 30, 2026, and 48 in the 12 months before. SBA FOIA,
- The typical loan was about $1.1M, with the middle half between $630K and $2.6M. SBA FOIA,
- The largest was about $5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 0 loans were under $150K, and 76 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.75% on 133 loans, with the middle half between 9.50% and 10.25%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Full-Service Restaurants, with 12. SBA FOIA,
- The SBA file lists 120 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Texas (25), Florida (22) and Colorado (11). SBA FOIA,
What we don't know
- Whether Milestone Bank 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.