County14th of 29 in Utah by approvalsFIPS 49041
SBA loans in Sevier 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 43 loans to businesses in Sevier County, Utah, in FY2021 to FY2025, worth $17.7M: 30 under 7(a) and 13 under 504.
That is 69.8 approvals per 1,000 business establishments (616 establishments in 2023), close to the Utah figure of 67.5 and above the national 41.0.
It ranks 14th of 29 Utah counties with approvals. In FY2025 there were 10.
13 lenders had approvals here; the most active were Zions Bank, A Division of (15), Mountain West Small Business Finance (8) and Intermountain Business Lending, Inc. (5). 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 Sevier County
By number of approvals to businesses in the county, FY2021–FY2025; 13 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division ofSalt Lake City, UT | 15 | $3.3M | 34.9% | |
| 2 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 8 | $7.0M | 18.6% | |
| 3 | Intermountain Business Lending, Inc.Ogden, UT · CDC | 5 | $3.2M | 11.6% | |
| 4 | Mountain America FCUSandy, UT | 5 | $308K | 11.6% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 4.7% | |
| 6 | Bank Five NineOconomowoc, WI | 1 | — | 2.3% | |
| 7 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 2.3% | |
| 8 | Enterprise Bank & TrustClayton, MO | 1 | — | 2.3% | |
| 9 | Mountain West Small Business FinanceSalt Lake City, UT | 1 | — | 2.3% | |
| 10 | Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO | 1 | — | 2.3% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 1 | — | 2.3% | |
| 12 | Cyprus Federal Credit UnionWest Jordan, UT | 1 | — | 2.3% | |
| 13 | State Bank of Southern UtahCedar City, UT | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 9.3% | |
| 2 | Residential Building ConstructionNAICS 2361 | 4 | 9.3% | |
| 3 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 3 | 7.0% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 7.0% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 3 | 7.0% | |
| 6 | Traveler AccommodationNAICS 7211 | 2 | 4.7% | |
| 7 | General Freight TruckingNAICS 4841 | 2 | 4.7% | |
| 8 | Drycleaning and Laundry ServicesNAICS 8123 | 2 | 4.7% | |
| 9 | Other Wood Product ManufacturingNAICS 3219 | 2 | 4.7% | |
| 10 | Specialty Food StoresNAICS 4452 | 2 | 4.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 9 | 20.9% | |
| 2 | Construction | 7 | 16.3% | |
| 3 | Manufacturing | 4 | 9.3% | |
| 4 | Retail Trade | 4 | 9.3% | |
| 5 | Real Estate and Rental and Leasing | 3 | 7.0% | |
| 6 | Health Care and Social Assistance | 3 | 7.0% | |
| 7 | Transportation and Warehousing | 3 | 7.0% | |
| 8 | Arts, Entertainment, and Recreation | 3 | 7.0% |
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* | 7 | $364K | $50K | 0 | — | 7 | 30 |
| FY2025 | 9 | $605K | $50K | 1 | — | 10 | 92 |
| FY2024 | 9 | $514K | $49K | 0 | — | 9 | 55 |
| FY2023 | 2 | — | — | 4 | $2.7M | 6 | 18 |
| FY2022 | 5 | $827K | $50K | 4 | $984K | 9 | 98 |
| FY2021 | 5 | $4.7M | $120K | 4 | $2.5M | 9 | 77 |
| FY2020 | 8 | $4.0M | $349K | 1 | — | 9 | 33 |
| FY2019 | 2 | — | — | 0 | — | 2 | 45 |
| FY2018 | 9 | $4.7M | $150K | 2 | — | 11 | 130 |
| FY2017 | 11 | $1.2M | $100K | 0 | — | 11 | 47 |
| FY2016 | 6 | $3.3M | $152K | 0 | — | 6 | 30 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 39 approvals.
Against Utah and the country
| FY2021–FY2025 | Sevier County | Utah | United States |
|---|---|---|---|
| Approvals | 43 | 6,449 | 342,825 |
| Approvals per 1,000 establishments | 69.8 | 67.5 | 41.0 |
| Median 7(a) approval | $50K | $200K | $190K |
| Median 504 approval | $336K | $689K | $657K |
| Average approval | $411K | $628K | $573K |
| 504 share of approvals | 30.2% | 21.6% | 11.0% |
| Jobs supported per approval, as reported | 7.9 | 11.9 | 10.5 |
| Share of state approvals | 0.7% | 100.0% | — |
Approval sizes
- $50,000 or less37.2%16
- $50,001 to $150,00023.3%10
- $150,001 to $350,00016.3%7
- $350,001 to $1 million11.6%5
- $1 million to $2 million4.7%2
- Over $2 million7.0%3
Age of the businesses
- Existing, more than 2 years old69.8%30
- New business, 2 years or less14.0%6
- Startup, loan funds will open the business16.3%7
Questions and answers
Which lenders make the most SBA loans in Sevier County?
By approvals in FY2021 to FY2025: Zions Bank, A Division of (15), Mountain West Small Business Finance (8), Intermountain Business Lending, Inc. (5), Mountain America FCU (5), Readycap Lending, LLC (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sevier County?
The median 7(a) approval was $50K and the median 504 approval $336K; the Utah 7(a) median was $200K.
Which industries get the most SBA loans in Sevier County?
Restaurants and Other Eating Places (4); Residential Building Construction (4); RV (Recreational Vehicle) Parks and Recreational Camps (3); Other Amusement and Recreation Industries (3); Building Equipment Contractors (3).
Is SBA lending in Sevier County rising?
Approvals in the three latest complete fiscal years total 25, against 27 in the three before: broadly level (-7%).
How does Sevier County compare with the rest of Utah?
69.8 approvals per 1,000 establishments against 67.5 statewide, and 43 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