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.
GOOD
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
438
2010–2026
Total Volume
$429M
Gross loan amounts
States Active
25
With recorded loans
Programs
7(a) & 504
438 total segments
First Utah Bank has a strong focus on existing businesses, with 54% of their deals serving this purpose. This makes them a suitable choice for established companies looking to expand or refinance.
With an average 7(a) spread of P+2.33%, First Utah Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Although First Utah Bank has a 16% share of 504 loans, which is slightly below the national average, they still provide a balanced mix of both 7(a) and 504 loans. This flexibility can cater to various financing needs, especially for real estate purchases.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 68 504 loans, which use fixed SBA debenture rates.
Top 15 of 25 states where First Utah Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Hotels & Accommodation
Accommodation & Food Services
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Real Estate
Real Estate
Administrative & Waste Services
Administrative & Waste Services
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for First Utah Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Utah · Manufacturing · Under $150K | 7(a) | 20 | P+2.50% | $113K | Q3 2025 |
| Utah · Restaurants & Food Service · Under $150K | 7(a) | 15 | P+2.75% | $110K | Q3 2025 |
| Utah · Manufacturing · $500K – $1M | 7(a) | 12 | P+2.25% | $839K | Q4 2024 |
| Utah · Hotels & Accommodation · $2M – $5M | 7(a) | 11 | P+2.00% | $3.3M | Q3 2019 |
| Utah · Manufacturing · $150K – $350K | 7(a) | 10 | P+2.50% | $265K | Q3 2021 |
| Utah · Specialty Trade Contractors · $150K – $350K | 7(a) | 10 | P+2.38% | $269K | Q4 2017 |
| Utah · Restaurants & Food Service · $500K – $1M | 7(a) | 9 | P+2.00% | $794K | Q4 2025 |
| Utah · Manufacturing · $350K – $500K | 7(a) | 7 | P+2.75% | $431K | Q1 2019 |
| Utah · Administrative & Waste Services · Under $150K | 7(a) | 6 | P+2.25% | $63K | Q1 2018 |
| Utah · Manufacturing · $2M – $5M | 7(a) | 6 | P+2.25% | $3.3M | Q3 2022 |
| Utah · Specialty Trade Contractors · $500K – $1M | 7(a) | 6 | P+1.88% | $747K | Q3 2025 |
| Utah · Wholesale Trade · $150K – $350K | 7(a) | 6 | P+2.25% | $250K | Q3 2018 |
| Utah · Restaurants & Food Service · $150K – $350K | 7(a) | 5 | P+2.50% | $255K | Q2 2022 |
| Utah · Restaurants & Food Service · $350K – $500K | 504 | 5 | — | $410K | Q4 2021 |
| Utah · Physician & Dental Offices · $150K – $350K | 7(a) | 5 | P+2.75% | $209K | Q2 2022 |
| Utah · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+3.00% | $118K | Q3 2024 |
| Utah · Management & IT Consulting · Under $150K | 7(a) | 5 | P+3.50% | $95K | Q3 2024 |
| Michigan · Hotels & Accommodation · $2M – $5M | 7(a) | 5 | P+1.50% | $4.1M | Q4 2024 |
| Utah · Food & Beverage Stores · Under $150K | 7(a) | 5 | P+3.25% | $89K | Q1 2017 |
| Utah · Restaurants & Food Service · $1M – $2M | 7(a) | 5 | P+2.00% | $1.3M | Q1 2022 |
| Utah · Other Professional Services · Under $150K | 7(a) | 5 | P+2.75% | $104K | Q1 2025 |
| Utah · Engineering & Architecture · Under $150K | 7(a) | 4 | P+3.50% | $121K | Q2 2025 |
| Utah · Auto Repair & Maintenance · $1M – $2M | 7(a) | 4 | P+1.50% | $1.8M | Q3 2024 |
| Utah · Transportation & Warehousing · $500K – $1M | 7(a) | 4 | P+2.38% | $785K | Q3 2021 |
| Utah · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+3.50% | $138K | Q1 2025 |
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