SBA lender profile
Bank of Utah
Bank of Utah appears in the public SBA loan data with 220 funded 7(a) loans since FY2010, totaling $196.3M, an average of $892K per loan, and an estimated 3,829 jobs supported. Its SBA lending concentrates in Utah and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 0.9%. 59.6% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 85
- Scale 75
- Activity 78
- Consistency 76
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Bank of Utah the right lender for you?
Lenders fund what they know. Bank of Utah's SBA lending concentrates in Utah (213 loans) and Accommodation and Food Services (39 loans), at an average loan of $892K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $3.7B
- Headquarters
- Ogden, UT
- FDIC cert
- #17159
- Status
- Active
Where Bank of Utah lends
Top states by funded SBA volume.
Metro areas where Bank of Utah funds
What Bank of Utah funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 39 | $43.4M |
| Retail Trade | 44 | $32.1M |
| Manufacturing | 21 | $21.5M |
| Health Care and Social Assistance | 20 | $20.3M |
| Other Services | 16 | $11.4M |
| Wholesale Trade | 12 | $11.1M |
Bank of Utah SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 22 | $10.4M |
| 2011 | 23 | $19.2M |
| 2012 | 17 | $11.9M |
| 2013 | 13 | $12.2M |
| 2014 | 16 | $15.6M |
| 2015 | 16 | $14.2M |
| 2016 | 22 | $20.4M |
| 2017 | 21 | $15.9M |
| 2018 | 18 | $23.1M |
| 2019 | 1 | $290K |
| 2023 | 1 | $340K |
| 2024 | 20 | $15.0M |
| 2025 | 16 | $22.0M |
| 2026 | 14 | $15.8M |
Related SBA lenders
Other lenders active in Utah or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Bank of Utah: frequently asked questions
Does Bank of Utah offer SBA loans?
Yes. Bank of Utah appears in the public SBA data with 220 funded SBA 7(a) loans totaling $196.3M.
How many SBA loans has Bank of Utah made?
Bank of Utah is associated with 220 SBA 7(a) loans totaling $196.3M in the public SBA data (as of 2026-03-31).
What is Bank of Utah's SBA charge-off rate?
About 0.9% of Bank of Utah's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Bank of Utah do most of its SBA lending?
Bank of Utah's SBA lending in the data is most concentrated in Utah, and by industry in Accommodation and Food Services.
Is Bank of Utah an SBA Preferred Lender (PLP)?
The loan record shows Bank of Utah operating under PLP delegated authority: 131 of its 7(a) loans (59.6%) were processed through the Preferred Lenders Program, including 9 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Bank of Utah SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bank-of-utah/
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