Lenders › Mountain America FCU
7(a) lenderSandy, Utahcredit union42nd of 2,184 by approvals
Mountain America FCU
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 923 7(a) loans, worth $357M, through Mountain America FCU of Sandy, Utah, a credit union in the SBA 7(a) program. By number of approvals that is 42nd among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 259 approvals totalling $80.0M, up 11% on FY2024 (233). FY2026 to 30 Jun 2026 adds 91 more.
The median approval was $70K, against $190K for the 7(a) program as a whole; 57.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 13 states and territories and 73 counties, led by Utah (72.2%), Idaho (10.9%) and Arizona (9.8%). The largest industry group was construction at 15.5% of approvals, and 8.9% of approvals were to franchise businesses.
Of 1,344 disbursed loans approved in FY2010 to FY2021, SBA records 48 as charged off (3.6%), 1,117 as paid in full and 179 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 91 | $34.4M | $100K | $378K | 1,023 |
| FY2025 | 259 | $80.0M | $50K | $309K | 2,145 |
| FY2024 | 233 | $90.2M | $50K | $387K | 3,017 |
| FY2023 | 181 | $57.8M | $50K | $319K | 2,029 |
| FY2022 | 131 | $67.0M | $120K | $512K | 1,534 |
| FY2021 | 119 | $61.7M | $201K | $519K | 1,439 |
| FY2020 | 112 | $43.3M | $138K | $387K | 1,058 |
| FY2019 | 80 | $23.2M | $135K | $290K | 781 |
| FY2018 | 131 | $40.3M | $100K | $308K | 1,576 |
| FY2017 | 104 | $24.7M | $50K | $238K | 1,217 |
| FY2016 | 99 | $23.5M | $50K | $237K | 1,262 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 526 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Utah | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,492 | 12,601 | 639,905 |
| Cancelled or never disbursed | 148 | 1,336 | 79,313 |
| Disbursed loans | 1,344 | 11,265 | 560,592 |
| Paid in full | 1,117 | 9,360 | 435,813 |
| Charged off | 48 | 583 | 36,891 |
| Still outstanding (status exempt from disclosure) | 179 | 1,322 | 87,888 |
| Charged off, share of disbursed loans | 3.6% | 5.2% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.5% | 2.1% | 2.5% |
| Dollars charged off | $1.6M | $83.3M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 102 | 45 | 3 | 2.9% | 2.8% |
| FY2020 | 102 | 63 | 2 | 2.0% | 4.0% |
| FY2019 | 79 | 56 | 1 | 1.3% | 6.7% |
| FY2018 | 119 | 99 | 1 | 0.8% | 7.9% |
| FY2017 | 96 | 83 | 1 | 1.0% | 7.7% |
| FY2016 | 86 | 75 | 1 | 1.2% | 7.2% |
| FY2015 | 73 | 72 | 0 | 0.0% | 6.9% |
| FY2014 | 131 | 119 | 4 | 3.1% | 6.4% |
| FY2013 | 107 | 91 | 9 | 8.4% | 6.0% |
| FY2012 | 120 | 116 | 2 | 1.7% | 6.3% |
| FY2011 | 149 | 136 | 10 | 6.7% | 6.9% |
| FY2010 | 180 | 162 | 14 | 7.8% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $70K | $190K |
| Average approval | $386K | $518K |
| Approvals of $150,000 or less | 57.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 37.9% | 34.3% |
| Approvals to franchise businesses | 8.9% | 11.5% |
| Jobs supported per approval, as reported | 11.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.6% | 6.6% |
States served
| # | State of the business (13 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Utah | 666 | $254M | 72.2% | |
| 2 | Idaho | 101 | $34.2M | 10.9% | |
| 3 | Arizona | 90 | $38.3M | 9.8% | |
| 4 | Nevada | 34 | $10.2M | 3.7% | |
| 5 | Montana | 13 | $9.6M | 1.4% | |
| 6 | Wyoming | 6 | $3.0M | 0.7% | |
| 7 | Washington | 3 | $3.1M | 0.3% | |
| 8 | Colorado | 3 | $1.6M | 0.3% | |
| 9 | Virginia | 2 | — | 0.2% | |
| 10 | New Mexico | 2 | — | 0.2% | |
| 11 | Illinois | 1 | — | 0.1% | |
| 12 | California | 1 | — | 0.1% |
In Utah the lender accounts for 13.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (73 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Salt Lake County, UT | 268 | $124M | 29.0% | |
| 2 | Utah County, UT | 90 | $33.3M | 9.8% | |
| 3 | Washington County, UT | 71 | $24.6M | 7.7% | |
| 4 | Maricopa County, AZ | 67 | $33.6M | 7.3% | |
| 5 | Davis County, UT | 58 | $19.4M | 6.3% | |
| 6 | Ada County, ID | 36 | $11.5M | 3.9% | |
| 7 | Tooele County, UT | 27 | $5.5M | 2.9% | |
| 8 | Iron County, UT | 23 | $6.1M | 2.5% | |
| 9 | Clark County, NV | 19 | $5.7M | 2.1% | |
| 10 | Summit County, UT | 14 | $5.1M | 1.5% | |
| 11 | Wasatch County, UT | 12 | $4.0M | 1.3% | |
| 12 | Duchesne County, UT | 12 | $2.7M | 1.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 143 | 15.5% | |
| 2 | Health Care and Social Assistance | 119 | 12.9% | |
| 3 | Other Services (except Public Administration) | 116 | 12.6% | |
| 4 | Accommodation and Food Services | 112 | 12.1% | |
| 5 | Retail Trade | 109 | 11.8% | |
| 6 | Professional, Scientific, and Technical Services | 74 | 8.0% | |
| 7 | Manufacturing | 49 | 5.3% | |
| 8 | Real Estate and Rental and Leasing | 43 | 4.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 75 | 8.1% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 45 | 4.9% | |
| 3 | Personal Care ServicesNAICS 8121 | 41 | 4.4% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 40 | 4.3% | |
| 5 | Other Specialty Trade ContractorsNAICS 2389 | 38 | 4.1% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 36 | 3.9% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 33 | 3.6% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 27 | 2.9% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 25 | 2.7% | |
| 10 | Automobile DealersNAICS 4411 | 24 | 2.6% |
Approval sizes
- $50,000 or less49.4%456
- $50,001 to $150,0007.8%72
- $150,001 to $350,00014.1%130
- $350,001 to $1 million18.4%170
- $1 million to $2 million6.1%56
- Over $2 million4.2%39
Loan terms
- 5 years or less1.1%10
- Over 5 to 10 years71.2%657
- Over 10 to 20 years1.3%12
- Over 20 years26.4%244
Age of the businesses
- Existing, more than 2 years old60.7%560
- New business, 2 years or less17.2%159
- Startup, loan funds will open the business20.7%191
- Change of ownership1.4%13
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 485 | 52.5% | |
| 2 | Preferred Lenders Program | 430 | 46.6% | |
| 3 | 7a General | 8 | 0.9% |
Franchise share
82 of 923 approvals in FY2021–FY2025 (8.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Domino's Pizza | 10 | 1.1% | |
| 2 | The Back Nine | 9 | 1.0% | |
| 3 | Wetzel's Pretzels | 5 | 0.5% | |
| 4 | Houston TX Hot Chicken | 4 | 0.4% | |
| 5 | Tire Factory | 4 | 0.4% | |
| 6 | F45 Training | 4 | 0.4% | |
| 7 | Jackson Food Stores, Inc. | 3 | 0.3% | |
| 8 | Best Western | 2 | 0.2% |
Questions and answers
How many SBA loans does Mountain America FCU make?
SBA approved 259 7(a) loans through Mountain America FCU in FY2025, worth $80.0M, and 923 over FY2021 to FY2025. That ranks 42nd of 2,184 active 7(a) lenders by number of approvals.
How large are Mountain America FCU's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $70K and the average $386K. The program-wide median was $190K.
What is Mountain America FCU's charge-off rate?
Of 1,344 disbursed loans approved in FY2010 to FY2021, SBA records 48 as charged off (3.6%), 1,117 as paid in full and 179 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Mountain America FCU lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (75); offices of other health practitioners (45); personal care services (41); automotive repair and maintenance (40).
Where does Mountain America FCU make SBA loans?
In 13 states and territories. Utah 666, Idaho 101, Arizona 90, Nevada 34, Montana 13. In Utah it accounts for 13.2% of all 7(a) approvals.
Is Mountain America FCU's SBA lending rising?
Approvals in the three latest complete fiscal years total 673, against 362 in the three before: rising (+86%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error