States Served
Top Industries Financed
- Full-Service Restaurants
- Limited-Service Restaurants
- Child Day Care Services
- Snack and Nonalcoholic Beverage Bars
- Offices of Chiropractors
Quick Summary
First Interstate Bank is an SBA-approved lender headquartered in BILLINGS, Montana. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 417 SBA 7(a) loans totaling $204.5M, with an average loan size of $490K. They serve businesses across 13 states.
About First Interstate Bank
First Interstate Bank is an SBA-approved lender headquartered in BILLINGS, Montana. Since 2020, they have approved 417 SBA 7(a) loans totaling $204.5M, with an average loan size of $490K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 13 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is First Interstate Bank an SBA Preferred Lender?
Yes, First Interstate Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has First Interstate Bank approved?
According to SBA FOIA public records, First Interstate Bank has approved 417 SBA 7(a) loans totaling $204.5M since 2020. Their average loan size is $490K.
What states does First Interstate Bank serve?
First Interstate Bank serves businesses in 13 states: Arizona, California, Colorado, Iowa, Idaho, Kansas, Missouri, Montana, Nebraska, Oregon, South Dakota, Washington, Wyoming.
How do I apply for an SBA loan with First Interstate Bank?
To apply for an SBA 7(a) loan with First Interstate Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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