BMO Bank National Association
BMO Bank National Association is a U.S. national bank headquartered in Chicago, Illinois and a subsidiary of Bank of Montreal. Operating with 988 branches across 22 states, BMO Bank is the 15th largest bank in the United States by total assets, providing comprehensive banking and financial services to customers.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (23 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
BMO Bank National Association ranks #206 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of BMO Bank National Association’s 7(a) acquisition lending falls in the $0-$500K range: 14 loans, 60.9% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 14 | 60.9% | |
| $500K-$1M | 5 | 21.7% | |
| $1M-$2M | 2 | 8.7% | |
| $2M-$3M | 2 | 8.7% |
Industries with highest loan volume
Full-Service Restaurants
3
loans
$429K
avg. amount
Automotive Parts and Accessories Retailers
1
loans
$1.1M
avg. amount
Residential Property Managers
1
loans
$500K
avg. amount
Wood Kitchen Cabinet and Countertop Manufacturing
1
loans
$2.0M
avg. amount
Poured Concrete Foundation and Structure Contractors
1
loans
$279K
avg. amount
Investigation and Personal Background Check Services
1
loans
$491K
avg. amount
Fine Arts Schools
1
loans
$283K
avg. amount
Limited-Service Restaurants
1
loans
$274K
avg. amount
Tax Preparation Services
1
loans
$522K
avg. amount
Meat Retailers
1
loans
$353K
avg. amount
10-Year
0.8%
Percentile Ranking
83th
83th percentile
BMO Bank National Association’s median variable rate is + 2.50%, against a market median of Prime + 1.88%, 63 above market.
13 of the 23 loans in its trailing three-year book carried a fixed rate; the rest were variable.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.91% |
| $2M-$3M | Prime + 1.50% |
over at time of loan origination
BMO Bank National Association has originated 7(a) acquisition loans in 11 states, most actively in California (8), Utah (3) and Arizona (3). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| California | 8 | 34.8% |
| Utah | 3 | 13.0% |
| Arizona | 3 | 13.0% |
| Colorado | 2 | 8.7% |
| Wisconsin | 1 | 4.3% |
| Minnesota | 1 | 4.3% |
| Nevada | 1 | 4.3% |
| Oregon | 1 | 4.3% |
| South Dakota | 1 | 4.3% |
| Illinois | 1 | 4.3% |
| Indiana | 1 | 4.3% |
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