County17th of 29 in Utah by approvalsFIPS 49019
SBA loans in Grand 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 34 loans to businesses in Grand County, Utah, in FY2021 to FY2025, worth $32.6M: 25 under 7(a) and 9 under 504.
That is 60.3 approvals per 1,000 business establishments (564 establishments in 2023), close to the Utah figure of 67.5 and above the national 41.0.
It ranks 17th of 29 Utah counties with approvals. In FY2025 there were 4.
12 lenders had approvals here; the most active were Mountain America FCU (7), Mountain West Small Business Finance (5) and America First Federal Credit Union (4). The most common industry was traveler accommodation.
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 Grand County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mountain America FCUSandy, UT | 7 | $3.7M | 20.6% | |
| 2 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 5 | $8.1M | 14.7% | |
| 3 | America First Federal Credit UnionRiverdale, UT | 4 | $6.6M | 11.8% | |
| 4 | Zions Bank, A Division ofSalt Lake City, UT | 4 | $1.9M | 11.8% | |
| 5 | Intermountain Business Lending, Inc.Ogden, UT · CDC | 3 | $6.0M | 8.8% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $3.5M | 8.8% | |
| 7 | Desert Rivers FCUMoab, UT | 2 | — | 5.9% | |
| 8 | Northeast BankLewiston, ME | 2 | — | 5.9% | |
| 9 | B:Side CapitalDenver, CO · CDC | 1 | — | 2.9% | |
| 10 | Bank Five NineOconomowoc, WI | 1 | — | 2.9% | |
| 11 | Wasatch Peaks FCUOgden, UT | 1 | — | 2.9% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 2.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 9 | 26.5% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 17.6% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 8.8% | |
| 4 | Gasoline StationsNAICS 4571 | 2 | 5.9% | |
| 5 | Lessors of Real EstateNAICS 5311 | 2 | 5.9% | |
| 6 | Other Transit and Ground Passenger TransportationNAICS 4859 | 2 | 5.9% | |
| 7 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 1 | 2.9% | |
| 8 | Special Food ServicesNAICS 7223 | 1 | 2.9% | |
| 9 | Clothing and Clothing Accessories RetailersNAICS 4581 | 1 | 2.9% | |
| 10 | Other Motor Vehicle DealersNAICS 4412 | 1 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 17 | 50.0% | |
| 2 | Retail Trade | 4 | 11.8% | |
| 3 | Arts, Entertainment, and Recreation | 3 | 8.8% | |
| 4 | Professional, Scientific, and Technical Services | 3 | 8.8% | |
| 5 | Real Estate and Rental and Leasing | 2 | 5.9% | |
| 6 | Transportation and Warehousing | 2 | 5.9% | |
| 7 | Wholesale Trade | 1 | 2.9% | |
| 8 | Manufacturing | 1 | 2.9% |
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* | 2 | — | — | 1 | — | 3 | 25 |
| FY2025 | 1 | — | — | 3 | $6.7M | 4 | 43 |
| FY2024 | 8 | $3.3M | $85K | 1 | — | 9 | 57 |
| FY2023 | 5 | $4.1M | $278K | 2 | — | 7 | 85 |
| FY2022 | 6 | $5.7M | $580K | 2 | — | 8 | 68 |
| FY2021 | 5 | $3.6M | $741K | 1 | — | 6 | 31 |
| FY2020 | 2 | — | — | 1 | — | 3 | 43 |
| FY2019 | 6 | $6.9M | $406K | 0 | — | 6 | 66 |
| FY2018 | 8 | $5.6M | $232K | 1 | — | 9 | 36 |
| FY2017 | 11 | $6.4M | $402K | 1 | — | 12 | 99 |
| FY2016 | 7 | $2.6M | $50K | 1 | — | 8 | 82 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 38 approvals.
Against Utah and the country
| FY2021–FY2025 | Grand County | Utah | United States |
|---|---|---|---|
| Approvals | 34 | 6,449 | 342,825 |
| Approvals per 1,000 establishments | 60.3 | 67.5 | 41.0 |
| Median 7(a) approval | $278K | $200K | $190K |
| Median 504 approval | $1.2M | $689K | $657K |
| Average approval | $960K | $628K | $573K |
| 504 share of approvals | 26.5% | 21.6% | 11.0% |
| Jobs supported per approval, as reported | 8.4 | 11.9 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less17.6%6
- $50,001 to $150,0008.8%3
- $150,001 to $350,00014.7%5
- $350,001 to $1 million26.5%9
- $1 million to $2 million17.6%6
- Over $2 million14.7%5
Age of the businesses
- Existing, more than 2 years old47.1%16
- New business, 2 years or less17.6%6
- Startup, loan funds will open the business32.4%11
- Change of ownership2.9%1
Questions and answers
Which lenders make the most SBA loans in Grand County?
By approvals in FY2021 to FY2025: Mountain America FCU (7), Mountain West Small Business Finance (5), America First Federal Credit Union (4), Zions Bank, A Division of (4), Intermountain Business Lending, Inc. (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Grand County?
The median 7(a) approval was $278K and the median 504 approval $1.2M; the Utah 7(a) median was $200K.
Which industries get the most SBA loans in Grand County?
Traveler Accommodation (9); Restaurants and Other Eating Places (6); Other Amusement and Recreation Industries (3); Gasoline Stations (2); Lessors of Real Estate (2).
Is SBA lending in Grand County rising?
Approvals in the three latest complete fiscal years total 20, against 17 in the three before: rising (+18%).
How does Grand County compare with the rest of Utah?
60.3 approvals per 1,000 establishments against 67.5 statewide, and 34 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