Feasibility Study Data for the Bozeman, MT Metro Area

What SBA's files say about Bozeman

For Bozeman, SBA's own files list 452 loans from FY2017 through FY2026, worth $261.3 million in gross approvals. Bozeman ranks among all such areas nationwide, on volume, in place 181 of 928. The central half of Bozeman approvals sits between $91,125 and $644,000, around a median of $250,000; that puts the median at 1.20x the nationwide median. In Bozeman the program mix is 363 loans in 7(a) against 89 under 504. Franchise brands account for 8.4% of approvals.

Bozeman: where loans cluster

Separately, across the listed classes we track for Bozeman, full-service restaurant is largest with 23 loans, trailed by limited-service restaurant, 15 loans and fitness center, 13 loans. Another 339 loans in Bozeman sit outside every class. Every loan in Bozeman falls in Gallatin County, MT, at 452 loans, which makes a study around Bozeman a matter of one county only.

Bozeman: holders of record

Lenders shown for Bozeman come from SBA's released Bozeman records of the 452 approved loans in Bozeman, naming each current holder; the entries log every loan yet offer nothing on lender appetite. Worth noting, in the 7(a) program near Gallatin County, MT, the biggest holders are Wells Fargo Bank National Association, holding 38 loans worth $8.4 million, then Glacier Bank, with 32 loans for $13.2 million. On 504 in Bozeman, the list reads Capital Matrix, Inc., holding 39 loans worth $26.4 million, then Dakota Business Lending, with 31 loans for $26.8 million. An applicant near Gallatin County, MT can see from this list which institutions hold the most Bozeman loans, then write the Bozeman study to meet the documents any lender expects.

Bozeman: loss floors and years

Among Bozeman approvals from FY2017 to FY2024, not below 11.6% were cancelled after approval in Bozeman, a floor; the real Bozeman figure can only be higher. Next, the charge-off rate around Gallatin County, MT is not shown on the page, for too few Bozeman loans were drawn. That silence, around Gallatin County, MT, must never be read as no losses. Notably, in the yearly line, Bozeman hit its high in FY2025 at 63 loans and $39.5 million, and dipped to its lowest in FY2023 at 28 loans and $15.1 million.

Bozeman: what a study tests

For Bozeman, begin with demand: who works in Gallatin County, MT, who commutes in, set against Bozeman as a whole, and whether the 23 full-service restaurant loans leave room. Cost: $250,000 is the Bozeman median and $91,125 to $644,000 the middle band, so a Gallatin County, MT site must justify its budget against this $250,000 marker. Then coverage: Bozeman coverage survives a sluggish year against the 11.6% cancellation floor with the charge-off floor for Bozeman, which is also suppressed on a thin cohort. An appraisal in Bozeman must support the worth assumed. Bozeman relies on the July 2023 map; an approval whose county entry is unmapped is missing from any area, Bozeman no exception, and the totals retain loans sitting outside the named classes.