GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
405
2010–2026
Total Volume
$366M
Gross loan amounts
States Active
12
With recorded loans
Programs
7(a) & 504
405 total segments
Bank of Utah has a strong focus on 504 loans, making up 48% of their SBA deals. This is significantly higher than the national average of 18%, indicating they are well-suited for borrowers looking to finance real estate or large equipment purchases.
With an average deal size of approximately $903,955, Bank of Utah is well-positioned for medium to large financing needs, especially for existing businesses, which comprise 65% of their deals. If you're seeking a loan in this range, they could be a great fit.
Bank of Utah has shown a steady growth trend, increasing their SBA deal count by 5% year-over-year. This suggests they are actively expanding their lending capacity, which could mean more favorable terms and responsiveness for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 194 504 loans, which use fixed SBA debenture rates.
States where Bank of Utah has recorded SBA lending activity.
+ 7 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Hotels & Accommodation
Accommodation & Food Services
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Gas Stations
Retail Trade
Real Estate
Real Estate
Auto Dealers & Parts
Retail Trade
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Bank of Utah, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Utah · Manufacturing · $500K – $1M | 504 | 11 | — | $652K | Q2 2025 |
| Utah · Gas Stations · $500K – $1M | 7(a) | 10 | P+2.63% | $723K | Q2 2018 |
| Utah · Hotels & Accommodation · $2M – $5M | 504 | 10 | — | $2.6M | Q2 2025 |
| Utah · Restaurants & Food Service · $500K – $1M | 7(a) | 8 | P+2.63% | $693K | Q3 2024 |
| Utah · Manufacturing · $150K – $350K | 7(a) | 7 | P+2.75% | $242K | Q3 2024 |
| Utah · Hotels & Accommodation · $1M – $2M | 504 | 7 | — | $1.6M | Q3 2025 |
| Utah · Hotels & Accommodation · $500K – $1M | 504 | 7 | — | $726K | Q3 2016 |
| Utah · Restaurants & Food Service · $1M – $2M | 7(a) | 6 | P+2.75% | $1.4M | Q4 2025 |
| Utah · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+2.75% | $289K | Q2 2025 |
| Utah · Manufacturing · $500K – $1M | 7(a) | 6 | P+2.75% | $785K | Q3 2025 |
| Utah · Gas Stations · $350K – $500K | 7(a) | 6 | P+2.75% | $452K | Q4 2016 |
| Utah · Specialty Trade Contractors · $150K – $350K | 504 | 6 | — | $235K | Q3 2020 |
| Utah · Nursing & Residential Care · $1M – $2M | 7(a) | 5 | P+2.75% | $1.3M | Q1 2018 |
| Utah · Physician & Dental Offices · $150K – $350K | 504 | 5 | — | $273K | Q2 2025 |
| Utah · Auto Dealers & Parts · $150K – $350K | 504 | 5 | — | $251K | Q3 2025 |
| Idaho · Hotels & Accommodation · $2M – $5M | 504 | 4 | — | $2.7M | Q4 2016 |
| Utah · Auto Dealers & Parts · $500K – $1M | 7(a) | 4 | P+2.75% | $833K | Q2 2018 |
| Utah · Real Estate · $150K – $350K | 504 | 4 | — | $236K | Q4 2025 |
| Utah · Hotels & Accommodation · $2M – $5M | 7(a) | 4 | P+2.38% | $2.9M | Q1 2018 |
| Utah · Restaurants & Food Service · $150K – $350K | 504 | 4 | — | $283K | Q4 2022 |
| Utah · Manufacturing · $1M – $2M | 504 | 4 | — | $1.4M | Q4 2024 |
| Utah · Specialty Trade Contractors · $150K – $350K | 7(a) | 4 | P+2.75% | $202K | Q3 2013 |
| Utah · Administrative & Waste Services · $150K – $350K | 7(a) | 4 | P+2.25% | $214K | Q4 2024 |
| Utah · Miscellaneous Retail · $1M – $2M | 504 | 4 | — | $1.6M | Q1 2025 |
| Utah · Manufacturing · $350K – $500K | 504 | 4 | — | $437K | Q2 2022 |
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Real experiences from borrowers who closed SBA loans with Bank of Utah.
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