County6th of 29 in Utah by approvalsFIPS 49005
SBA loans in Cache County, Utah
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 298 loans to businesses in Cache County, Utah, in FY2021 to FY2025, worth $183M: 206 under 7(a) and 92 under 504.
That is 72.0 approvals per 1,000 business establishments (4,140 establishments in 2023), close to the Utah figure of 67.5 and above the national 41.0.
It ranks 6th of 29 Utah counties with approvals. In FY2025 there were 62, up 22% on FY2024.
46 lenders had approvals here; the most active were Cache Valley Bank (82), Mountain West Small Business Finance (79) and Zions Bank, A Division of (37). The most common industry was offices of other health practitioners.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Cache County
By number of approvals to businesses in the county, FY2021–FY2025; 46 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Cache Valley BankLogan, UT | 82 | $24.2M | 27.5% | |
| 2 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 79 | $71.6M | 26.5% | |
| 3 | Zions Bank, A Division ofSalt Lake City, UT | 37 | $8.1M | 12.4% | |
| 4 | Intermountain Business Lending, Inc.Ogden, UT · CDC | 11 | $19.0M | 3.7% | |
| 5 | Mountain America FCUSandy, UT | 10 | $2.1M | 3.4% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 6 | $9.6M | 2.0% | |
| 7 | KeyBank National AssociationCleveland, OH | 6 | $4.0M | 2.0% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 5 | $444K | 1.7% | |
| 9 | U.S. Bank, National AssociationCincinnati, OH | 5 | $200K | 1.7% | |
| 10 | The Huntington National BankColumbus, OH | 4 | $1.0M | 1.3% | |
| 11 | The Bank of CommerceIdaho Falls, ID | 4 | $793K | 1.3% | |
| 12 | Central BankProvo, UT | 3 | $2.8M | 1.0% | |
| 13 | Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO | 3 | $1.4M | 1.0% | |
| 14 | Byline BankChicago, IL | 2 | — | 0.7% | |
| 15 | First Internet Bank of IndianaFishers, IN | 2 | — | 0.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 24 | 8.1% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 17 | 5.7% | |
| 3 | Furniture and Home Furnishings RetailersNAICS 4491 | 9 | 3.0% | |
| 4 | Lessors of Real EstateNAICS 5311 | 9 | 3.0% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 3.0% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 8 | 2.7% | |
| 7 | Building Finishing ContractorsNAICS 2383 | 8 | 2.7% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 7 | 2.3% | |
| 9 | Offices of DentistsNAICS 6212 | 6 | 2.0% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 6 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 44 | 14.8% | |
| 2 | Retail Trade | 43 | 14.4% | |
| 3 | Manufacturing | 37 | 12.4% | |
| 4 | Construction | 35 | 11.7% | |
| 5 | Accommodation and Food Services | 21 | 7.0% | |
| 6 | Other Services (except Public Administration) | 21 | 7.0% | |
| 7 | Professional, Scientific, and Technical Services | 18 | 6.0% | |
| 8 | Real Estate and Rental and Leasing | 14 | 4.7% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 21 | $5.6M | $234K | 9 | $7.9M | 30 | 211 |
| FY2025 | 47 | $14.1M | $125K | 15 | $24.8M | 62 | 705 |
| FY2024 | 40 | $17.3M | $150K | 11 | $7.2M | 51 | 480 |
| FY2023 | 37 | $18.5M | $158K | 13 | $11.0M | 50 | 501 |
| FY2022 | 39 | $11.0M | $150K | 26 | $24.3M | 65 | 908 |
| FY2021 | 43 | $29.6M | $350K | 27 | $25.1M | 70 | 1,017 |
| FY2020 | 22 | $6.7M | $150K | 14 | $11.4M | 36 | 605 |
| FY2019 | 18 | $5.8M | $145K | 11 | $8.2M | 29 | 220 |
| FY2018 | 24 | $6.5M | $100K | 18 | $10.3M | 42 | 242 |
| FY2017 | 31 | $14.6M | $90K | 20 | $16.0M | 51 | 550 |
| FY2016 | 56 | $19.6M | $100K | 20 | $21.4M | 76 | 1,082 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 234 approvals.
Against Utah and the country
| FY2021–FY2025 | Cache County | Utah | United States |
|---|---|---|---|
| Approvals | 298 | 6,449 | 342,825 |
| Approvals per 1,000 establishments | 72.0 | 67.5 | 41.0 |
| Median 7(a) approval | $150K | $200K | $190K |
| Median 504 approval | $573K | $689K | $657K |
| Average approval | $614K | $628K | $573K |
| 504 share of approvals | 30.9% | 21.6% | 11.0% |
| Jobs supported per approval, as reported | 12.1 | 11.9 | 10.5 |
| Share of state approvals | 4.6% | 100.0% | — |
Approval sizes
- $50,000 or less12.4%37
- $50,001 to $150,00023.8%71
- $150,001 to $350,00023.2%69
- $350,001 to $1 million25.5%76
- $1 million to $2 million8.7%26
- Over $2 million6.4%19
Age of the businesses
- Existing, more than 2 years old57.0%170
- New business, 2 years or less19.5%58
- Startup, loan funds will open the business14.4%43
- Change of ownership9.1%27
Questions and answers
Which lenders make the most SBA loans in Cache County?
By approvals in FY2021 to FY2025: Cache Valley Bank (82), Mountain West Small Business Finance (79), Zions Bank, A Division of (37), Intermountain Business Lending, Inc. (11), Mountain America FCU (10). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Cache County?
The median 7(a) approval was $150K and the median 504 approval $573K; the Utah 7(a) median was $200K.
Which industries get the most SBA loans in Cache County?
Offices of Other Health Practitioners (24); Restaurants and Other Eating Places (17); Furniture and Home Furnishings Retailers (9); Lessors of Real Estate (9); Other Specialty Trade Contractors (9).
Is SBA lending in Cache County rising?
Approvals in the three latest complete fiscal years total 163, against 171 in the three before: broadly level (-5%).
How does Cache County compare with the rest of Utah?
72.0 approvals per 1,000 establishments against 67.5 statewide, and 298 of the state's 6,449 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error