Milestone Bank SBA Loans (2027): Rates And Ranking
Milestone Bank approved 69 SBA 7(a) loans worth $133M in FY2026, ranking #50 nationally by dollar volume. 43 of those loans financed business acquisitions.
Key Takeaways
- Headquartered in Salt Lake City, UT; lent in 10+ states.
- Texas was its largest state at $22.8M.
- Its top industry was All Other Amusement and Recreation Industries.
- 44% of its SBA dollars financed acquisitions (national share 27%).
- Most loans went through the Preferred Lenders Program (59 loans).
Where Milestone Bank Lends
Industries Milestone Bank Funds
Does Milestone Bank Finance Business Acquisitions?
Milestone Bank closed 43 change of ownership loans in FY2026, averaging $1.4M.
Loan Sizes
Buying A Business?
We send your deal to Milestone Bank and other SBA lenders that fit it, so they compete for your business. It is free to you.
Milestone Bank SBA Lending Since 2020
FY2026 dollar volume was up 74.3% from FY2025, and the loan count was up 27.8%.
Is Milestone Bank Right For Your Deal?
Milestone Bank's average SBA loan was $1.9M (median $1.5M), well above the national average, so it tends to fit larger deals.
Loans averaged 13.8 years in term and 100% were variable rate. 25% went to startups or businesses under two years old, and 17% to franchises.
Lenders ranked near Milestone Bank nationally include Truliant FCU, Gulf Coast Bank and Trust Company, Peoples Bank, PCB Bank. Comparing two or three of them on the same deal is the best way to see real terms.
Questions About Milestone Bank SBA Loans
How many SBA loans did Milestone Bank make in 2026?
Milestone Bank approved 69 SBA 7(a) loans totaling $133M in FY2026 (October 2025 to September 2026), ranking #50 nationally by dollar volume.
What rate does Milestone Bank charge on SBA loans?
Its average initial rate was 9.23% (9.09% weighted by loan size), and 100% of its loans were variable. Your rate depends on loan size, term and credit.
Does Milestone Bank do SBA loans to buy a business?
Yes. It closed 43 business acquisition loans in FY2026, averaging $1.4M.
Where does Milestone Bank make SBA loans?
Its largest states were Texas, Florida, California, South Carolina, Illinois.
Does GoSBA Loans charge borrowers?
No. GoSBA Loans is 100% free to borrowers. We take your deal to the SBA lenders that fit it.
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About this data. Rankings use SBA 7(a) loan approvals from the SBA FOIA data set, fiscal year 2026 (October 1, 2025 to September 30, 2026), as published by SBA through September 30, 2026. Lenders are ranked by approved dollar volume. Rates are the initial rate at approval, a simple average across loans; most SBA 7(a) loans are variable and move with the Prime Rate. Business acquisition loans are those SBA marks as a change of ownership. GoSBA Loans is an SBA loan broker, not a lender, and is not affiliated with SBA.
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