County3rd of 29 in Utah by approvalsFIPS 49011
SBA loans in Davis 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.
Businesses in Davis County, Utah, received 576 SBA loan approvals worth $350M in FY2021 to FY2025 (456 7(a), 120 504).
That is 66.7 approvals per 1,000 business establishments (8,636 establishments in 2023), close to the Utah figure of 67.5 and above the national 41.0.
It ranks 3rd of 29 Utah counties with approvals. In FY2025 there were 154, up 43% on FY2024.
69 lenders had approvals here; the most active were Zions Bank, A Division of (77), Mountain West Small Business Finance (75) and Mountain America FCU (58). The most common industry was restaurants and other eating places.
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 Davis County
By number of approvals to businesses in the county, FY2021–FY2025; 69 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division ofSalt Lake City, UT | 77 | $21.1M | 13.4% | |
| 2 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 75 | $75.6M | 13.0% | |
| 3 | Mountain America FCUSandy, UT | 58 | $19.4M | 10.1% | |
| 4 | Intermountain Business Lending, Inc.Ogden, UT · CDC | 39 | $44.8M | 6.8% | |
| 5 | America First Federal Credit UnionRiverdale, UT | 24 | $16.9M | 4.2% | |
| 6 | U.S. Bank, National AssociationCincinnati, OH | 22 | $7.0M | 3.8% | |
| 7 | The Huntington National BankColumbus, OH | 21 | $9.6M | 3.6% | |
| 8 | Cache Valley BankLogan, UT | 20 | $9.2M | 3.5% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 16 | $2.0M | 2.8% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 14 | $15.6M | 2.4% | |
| 11 | KeyBank National AssociationCleveland, OH | 14 | $6.1M | 2.4% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 14 | $4.9M | 2.4% | |
| 13 | Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO | 13 | $14.3M | 2.3% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 11 | $8.3M | 1.9% | |
| 15 | Canyon View Federal Credit UnionSalt Lake City, UT | 9 | $1.5M | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 37 | 6.4% | |
| 2 | Personal Care ServicesNAICS 8121 | 32 | 5.6% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 29 | 5.0% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 29 | 5.0% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 23 | 4.0% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 23 | 4.0% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 22 | 3.8% | |
| 8 | General Freight TruckingNAICS 4841 | 18 | 3.1% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 13 | 2.3% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 13 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 80 | 13.9% | |
| 2 | Other Services (except Public Administration) | 69 | 12.0% | |
| 3 | Health Care and Social Assistance | 66 | 11.5% | |
| 4 | Retail Trade | 65 | 11.3% | |
| 5 | Professional, Scientific, and Technical Services | 49 | 8.5% | |
| 6 | Accommodation and Food Services | 43 | 7.5% | |
| 7 | Manufacturing | 36 | 6.3% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 33 | 5.7% |
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* | 50 | $25.1M | $200K | 15 | $16.6M | 65 | 431 |
| FY2025 | 131 | $50.8M | $150K | 23 | $25.4M | 154 | 1,707 |
| FY2024 | 93 | $36.9M | $150K | 15 | $11.1M | 108 | 1,254 |
| FY2023 | 83 | $30.3M | $175K | 18 | $20.5M | 101 | 1,096 |
| FY2022 | 65 | $46.4M | $342K | 29 | $40.0M | 94 | 1,579 |
| FY2021 | 84 | $57.5M | $350K | 35 | $31.5M | 119 | 1,607 |
| FY2020 | 70 | $49.0M | $200K | 20 | $19.1M | 90 | 1,067 |
| FY2019 | 61 | $21.3M | $163K | 23 | $12.2M | 84 | 636 |
| FY2018 | 83 | $33.8M | $150K | 22 | $15.1M | 105 | 1,276 |
| FY2017 | 91 | $28.6M | $150K | 28 | $16.9M | 119 | 997 |
| FY2016 | 114 | $36.7M | $143K | 24 | $15.5M | 138 | 1,435 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 536 approvals.
Against Utah and the country
| FY2021–FY2025 | Davis County | Utah | United States |
|---|---|---|---|
| Approvals | 576 | 6,449 | 342,825 |
| Approvals per 1,000 establishments | 66.7 | 67.5 | 41.0 |
| Median 7(a) approval | $205K | $200K | $190K |
| Median 504 approval | $666K | $689K | $657K |
| Average approval | $608K | $628K | $573K |
| 504 share of approvals | 20.8% | 21.6% | 11.0% |
| Jobs supported per approval, as reported | 12.6 | 11.9 | 10.5 |
| Share of state approvals | 8.9% | 100.0% | — |
Approval sizes
- $50,000 or less18.6%107
- $50,001 to $150,00018.1%104
- $150,001 to $350,00021.9%126
- $350,001 to $1 million23.4%135
- $1 million to $2 million10.8%62
- Over $2 million7.3%42
Age of the businesses
- Existing, more than 2 years old62.8%362
- New business, 2 years or less14.4%83
- Startup, loan funds will open the business15.1%87
- Change of ownership7.6%44
Questions and answers
Which lenders make the most SBA loans in Davis County?
By approvals in FY2021 to FY2025: Zions Bank, A Division of (77), Mountain West Small Business Finance (75), Mountain America FCU (58), Intermountain Business Lending, Inc. (39), America First Federal Credit Union (24). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Davis County?
The median 7(a) approval was $205K and the median 504 approval $666K; the Utah 7(a) median was $200K.
Which industries get the most SBA loans in Davis County?
Restaurants and Other Eating Places (37); Personal Care Services (32); Building Equipment Contractors (29); Services to Buildings and Dwellings (29); Automotive Repair and Maintenance (23).
Is SBA lending in Davis County rising?
Approvals in the three latest complete fiscal years total 363, against 303 in the three before: rising (+20%).
How does Davis County compare with the rest of Utah?
66.7 approvals per 1,000 establishments against 67.5 statewide, and 576 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