Utah SBA Loan Data
43,392 loans totaling $13.4B across all SBA programs.
Total Loans
43,392
1991–2025
Total Volume
$13.4B
Gross approval amount
Avg Loan Size
$310K
Median: $101K
Avg Interest Rate
7.45%
Default rate: 10.7%
Utah Loan Status
Active16.2%
Paid in Full63.8%
Charged Off9.6%
Cancelled9%
Committed0.8%
Download State Data
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Utah Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in Utah
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| Zions Bank, A Division of | 10,382 | $1.3B | $125K | 7.51% | 12.1% |
| Mountain America FCU | 4,566 | $582.1M | $127K | 8.09% | 18.6% |
| Wells Fargo Bank National Association | 2,485 | $549.8M | $221K | 7.67% | 11.4% |
| Celtic Bank Corporation | 863 | $455.7M | $528K | 7.08% | 10.7% |
| MISSINGMAINBANKID | 471 | $402.6M | $855K | 6.96% | 0.7% |
| Glacier Bank | 1,274 | $387.0M | $304K | 6.13% | 6.0% |
| U.S. Bank, National Association | 1,602 | $363.5M | $227K | 7.53% | 12.5% |
| ZIONS BANK, A DIVISION OF | 544 | $325.3M | $598K | N/A | 1.2% |
| BMO Bank National Association | 872 | $311.4M | $357K | 6.04% | 4.4% |
| JPMorgan Chase Bank, National Association | 1,635 | $305.5M | $187K | 6.87% | 17.8% |
| Live Oak Banking Company | 226 | $305.1M | $1.4M | 7.21% | 1.0% |
| America First FCU | 1,093 | $269.3M | $246K | 6.88% | 14.6% |
| GLACIER BANK | 381 | $267.6M | $702K | N/A | 0.6% |
| Central Bank | 1,024 | $266.5M | $260K | 7.51% | 5.5% |
| First Utah Bank | 440 | $264.3M | $601K | 6.89% | 5.1% |
| Bank of Utah | 550 | $259.2M | $471K | 6.85% | 4.8% |
| KeyBank National Association | 802 | $245.3M | $306K | 7.11% | 9.7% |
| CACHE VALLEY BANK | 307 | $242.7M | $791K | N/A | 0.0% |
| MOUNTAIN AMERICA FCU | 248 | $219.0M | $883K | N/A | 0.5% |
| COMMUNITY BANKS OF COLORADO, A DIVISION OF NBH BANK | 210 | $203.5M | $969K | N/A | 0.0% |
| Cache Valley Bank | 564 | $189.9M | $337K | 6.55% | 4.5% |
| BANK OF UTAH | 188 | $161.3M | $858K | N/A | 0.6% |
| STATE BANK OF SOUTHERN UTAH | 199 | $143.3M | $720K | N/A | 0.6% |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 171 | $134.0M | $783K | N/A | 0.7% |
| State Bank of Southern Utah | 762 | $122.8M | $161K | 6.25% | 5.7% |
Top Counties in Utah
| County | Loans | Volume▼ |
|---|---|---|
| Salt Lake → | 16,386 | $5.4B |
| Utah → | 8,324 | $2.7B |
| Davis → | 3,759 | $1.1B |
| Washington → | 2,792 | $868.7M |
| Weber → | 2,658 | $793.0M |
| Cache → | 1,651 | $518.0M |
| Summit → | 900 | $286.8M |
| Iron → | 856 | $199.6M |
| Uintah → | 835 | $199.3M |
| Tooele → | 627 | $188.1M |
| Wasatch → | 608 | $173.4M |
| Box Elder → | 672 | $163.4M |
| Grand → | 285 | $115.1M |
| Sevier → | 570 | $96.8M |
| Duchesne → | 473 | $84.3M |
| Sanpete → | 402 | $71.2M |
| Carbon → | 212 | $64.5M |
| Millard → | 179 | $56.4M |
| Garfield → | 128 | $48.2M |
| Kane → | 224 | $48.0M |
| Juab → | 122 | $45.2M |
| San Juan → | 105 | $41.0M |
| Wayne → | 102 | $33.0M |
| Emery → | 99 | $32.9M |
| Beaver → | 84 | $30.5M |
Showing 1–25 of 30
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