Independent reference built on public SBA FOIA loan data. Not affiliated with the U.S. Small Business Administration.

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SBA lending by state

SBA Lending in Utah

In Utah, SBA lenders funded 10,341 7(a) and 504 loans totaling $6.5B, an average of $625K per loan. The most active lender is Mountain West Small Business Finance, and the most-funded industry is Health Care and Social Assistance.

By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31

Funded loans
10,341
Total volume
$6.5B
Average loan size
$625K

Most active SBA lenders in Utah

LenderLoansTotal volume
Mountain West Small Business Finance 3,004 $2.4B
Intermountain Business Lending, Inc. 927 $679.9M
Mountain America FCU 792 $305.3M
America First FCU 281 $246.6M
Zions Bank, A Division of 888 $207.0M
Community Banks of Colorado, A Division of NBH Bank 201 $188.4M
Live Oak Banking Company 129 $183.0M
Central Bank 484 $178.8M

Top industries funded in Utah

IndustryLoansTotal volume
Health Care and Social Assistance 1,296 $870.2M
Accommodation and Food Services 1,020 $822.4M
Manufacturing 944 $796.0M
Retail Trade 1,246 $775.5M
Construction 1,334 $690.4M
Professional and Technical Services 938 $497.1M
Other Services 944 $456.0M
Real Estate 429 $326.3M

SBA lending in Utah by year

Fiscal yearLoansTotal volume
2010211$96.7M
2011245$131.5M
2012260$133.5M
2013204$121.6M
2014203$138.3M
2015188$130.5M
2016206$138.6M
2017212$155.0M
2018233$179.0M
2019252$181.5M
20201,065$626.0M
20211,258$928.5M
20221,132$796.7M
20231,136$685.3M
20241,337$727.4M
20251,596$924.3M
2026603$369.6M
Sources and disclaimer. Figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our methodology. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor.

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