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Bank · Salt Lake City, UT

Milestone Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
149
SBA loans approved
$242.7M
Total approved
$1,025,000
Median loan
32
States lent in
44%
To startups
#266
National rank by loans

Milestone Bank approved 149 SBA loans worth $242.7M between October 2021 and June 2026, ranking #266 of 2,283 SBA lenders nationally by loan count. Its median loan was $1,025,000, and 44% went to startups or businesses under two years old. It lent in 32 states, most often in Texas, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0204060FY14: 3 loansFY14FY15: 6 loansFY15FY16: 7 loansFY16FY17: 13 loansFY17FY18FY19FY20FY21FY22FY23: 18 loansFY23FY24: 22 loansFY24FY25: 54 loansFY25FY26 (Oct to Jun): 55 loansFY2655
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Milestone Bank lends

StateLoansApprovedMedian loanRank in state
Texas28$55.2M$1,487,500#118
Florida26$38.8M$980,500#100
Colorado12$24.3M$2,225,500#83
South Carolina11$17.4M$580,000#48
California8$14.2M$1,459,500#182
Nevada7$11.1M$1,025,000#54
Ohio5$7.4M$2,000,000#126
Michigan5$3.9M$675,000#126
Tennessee5$9.3M$1,900,400#80
Massachusetts4$2.0M$556,000#128
Georgia4$5.0M$909,000#173
Virginia3$4.1M$719,000#132
Kentucky3$5.3M$1,510,000#76
Illinois3$9.8M$3,594,000#178
Maryland2$4.3M$2,132,500#117

Industries Milestone Bank finances

IndustryLoansShareMedian loan
Restaurants and hotels40
27%
$840,250
Other services (repair, personal care)16
11%
$1,190,000
Construction15
10%
$1,338,000
Retail15
10%
$655,000
Health care and social assistance14
9%
$1,156,500
Arts, entertainment and recreation11
7%
$2,668,000
Professional and technical services9
6%
$719,000
Manufacturing8
5%
$2,717,500
Administrative and support services6
4%
$563,000
Real estate and rental6
4%
$613,550
Loan size mix
  • Under $150,0001%
  • $150,000 to $500,00017%
  • $500,000 to $2 million53%
  • $2 million and up30%
Loan programs used
  • Preferred Lender (PLP)92%
  • SBA Express7%
  • Standard 7(a)1%
  • CAPLines1%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.