SBA lender profile
First Utah Bank
First Utah Bank appears in the public SBA loan data with 383 funded 7(a) loans since FY2010, totaling $373.9M, an average of $976K per loan, and an estimated 7,025 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 1.3%. 73.9% 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 84
- Scale 83
- Activity 88
- Consistency 86
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is First Utah Bank the right lender for you?
Lenders fund what they know. First Utah Bank's SBA lending concentrates in Utah (317 loans) and Accommodation and Food Services (92 loans), at an average loan of $976K. 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
- $846M
- Headquarters
- Salt Lake City, UT
- FDIC cert
- #22738
- Status
- Active
Where First Utah Bank lends
Top states by funded SBA volume.
Metro areas where First Utah Bank funds
What First Utah Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 92 | $138.8M |
| Manufacturing | 59 | $46.8M |
| Health Care and Social Assistance | 28 | $30.2M |
| Construction | 31 | $25.3M |
| Wholesale Trade | 23 | $19.2M |
| Other Services | 26 | $18.6M |
First Utah Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 7 | $828K |
| 2011 | 11 | $7.4M |
| 2012 | 19 | $4.3M |
| 2013 | 32 | $13.8M |
| 2014 | 38 | $29.3M |
| 2015 | 23 | $24.9M |
| 2016 | 33 | $32.7M |
| 2017 | 31 | $29.6M |
| 2018 | 28 | $22.2M |
| 2019 | 31 | $31.5M |
| 2020 | 17 | $21.7M |
| 2021 | 17 | $29.7M |
| 2022 | 10 | $16.3M |
| 2023 | 11 | $15.5M |
| 2024 | 29 | $32.1M |
| 2025 | 33 | $54.0M |
| 2026 | 13 | $8.1M |
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.
First Utah Bank: frequently asked questions
Does First Utah Bank offer SBA loans?
Yes. First Utah Bank appears in the public SBA data with 383 funded SBA 7(a) loans totaling $373.9M.
How many SBA loans has First Utah Bank made?
First Utah Bank is associated with 383 SBA 7(a) loans totaling $373.9M in the public SBA data (as of 2026-03-31).
What is First Utah Bank's SBA charge-off rate?
About 1.3% of First Utah Bank'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 First Utah Bank do most of its SBA lending?
First Utah Bank's SBA lending in the data is most concentrated in Utah, and by industry in Accommodation and Food Services.
Is First Utah Bank an SBA Preferred Lender (PLP)?
The loan record shows First Utah Bank operating under PLP delegated authority: 283 of its 7(a) loans (73.9%) were processed through the Preferred Lenders Program, including 72 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). First Utah Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-utah-bank/
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