SBA 7(a) loans in Utah
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
3,145loans approved
$171,500median loan
$68K–$500Kmiddle half of loans
$1.5Btotal approved
10%median initial rate
10 yrsmedian term
The median Utah loan is 2% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 83 | $200,000 |
| Limited-Service Restaurants (722513) | 77 | $413,000 |
| Snack and Nonalcoholic Beverage Bars (722515) | 76 | $332,750 |
| Fitness and Recreational Sports Centers (713940) | 73 | $321,400 |
| Landscaping Services (561730) | 65 | $150,000 |
| All Other Specialty Trade Contractors (238990) | 62 | $162,500 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 56 | $155,000 |
| Residential Remodelers (236118) | 54 | $75,000 |
| General Automotive Repair (811111) | 50 | $280,450 |
| Other Personal Care Services (812199) | 48 | $262,500 |
Most active lenders in Utah
| Lender | Loans | Median | Total |
|---|---|---|---|
| Zions Bancorporation, National Association | 634 | $100,000 | $122.5M |
| Mountain America Fcu | 372 | $100,000 | $139.2M |
| Central Bank | 191 | $250,000 | $78.9M |
| U.S. Bank, National Association | 188 | $50,000 | $63.7M |
| The Huntington National Bank | 116 | $300,000 | $50.1M |
| Celtic Bank Corporation | 94 | $150,000 | $50.5M |
| America First Federal Credit Union | 92 | $712,600 | $90.5M |
| Newtek Bank, National Association | 85 | $200,000 | $30.3M |
| Live Oak Banking Company | 84 | $855,000 | $121.8M |
| Cache Valley Bank | 78 | $153,750 | $26.6M |
SBA 504 loans in Utah
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
677504 loans approved
$769,000median CDC portion
$771.8Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Utah
| Lender | Loans | Median | Total |
|---|---|---|---|
| Mountain West Small Business Finance | 490 | $788,500 | $585.6M |
| Intermountain Business Lending, INC. | 112 | $645,500 | $105.4M |
| B:Side Capital | 56 | $655,500 | $52.5M |
| Capital Matrix, INC. | 15 | $1,272,000 | $22.4M |
Starting a business in Utah? See how to register your business.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.