Lenders › Sunwest Bank
7(a) lenderSandy, UtahFDIC-insured bank388th of 2,184 by approvals
Sunwest Bank
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 76 7(a) loans, worth $106M, through Sunwest Bank of Sandy, Utah, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 388th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 5 approvals totalling $1.3M. FY2026 to 30 Jun 2026 adds 6 more.
The median approval was $996K, against $190K for the 7(a) program as a whole; 3.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 7 states and territories and 23 counties, led by California (71.1%), Arizona (9.2%) and Idaho (7.9%). The largest industry group was real estate and rental and leasing at 21.1% of approvals, and 1.3% of approvals were to franchise businesses.
Of 153 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (1.3%), 123 as paid in full and 28 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* | 6 | $3.8M | $549K | $638K | 65 |
| FY2025 | 5 | $1.3M | $200K | $265K | 26 |
| FY2024 | 7 | $9.6M | $837K | $1.4M | 514 |
| FY2023 | 2 | — | — | — | 10 |
| FY2022 | 14 | $23.8M | $1.9M | $1.7M | 412 |
| FY2021 | 48 | $69.6M | $1.0M | $1.4M | 1,256 |
| FY2020 | 9 | $8.3M | $830K | $922K | 404 |
| FY2019 | 13 | $20.6M | $1.3M | $1.6M | 515 |
| FY2018 | 16 | $13.2M | $591K | $825K | 489 |
| FY2017 | 12 | $2.8M | $119K | $231K | 215 |
| FY2016 | 4 | $3.0M | $475K | $740K | 72 |
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 54 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 | California | 7(a) program |
|---|---|---|---|
| Approvals in these years | 175 | 79,249 | 639,905 |
| Cancelled or never disbursed | 22 | 10,102 | 79,313 |
| Disbursed loans | 153 | 69,147 | 560,592 |
| Paid in full | 123 | 52,688 | 435,813 |
| Charged off | 2 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 28 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 1.3% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.2% | 1.5% | 2.5% |
| Dollars charged off | $298K | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 45 | 30 | 0 | 0.0% | 2.8% |
| FY2020 | 8 | 4 | 0 | — | 4.0% |
| FY2019 | 9 | 5 | 0 | — | 6.7% |
| FY2018 | 14 | 11 | 1 | — | 7.9% |
| FY2017 | 11 | 7 | 1 | — | 7.7% |
| FY2016 | 4 | 4 | 0 | — | 7.2% |
| FY2015 | 5 | 5 | 0 | — | 6.9% |
| FY2014 | 6 | 6 | 0 | — | 6.4% |
| FY2013 | 4 | 4 | 0 | — | 6.0% |
| FY2012 | 9 | 9 | 0 | — | 6.3% |
| FY2011 | 16 | 16 | 0 | — | 6.9% |
| FY2010 | 22 | 22 | 0 | — | 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 | $996K | $190K |
| Average approval | $1.4M | $518K |
| Approvals of $150,000 or less | 3.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 26.3% | 34.3% |
| Approvals to franchise businesses | 1.3% | 11.5% |
| Jobs supported per approval, as reported | 29.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.3% | 6.6% |
States served
| # | State of the business (7 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 54 | $81.8M | 71.1% | |
| 2 | Arizona | 7 | $10.1M | 9.2% | |
| 3 | Idaho | 6 | $6.6M | 7.9% | |
| 4 | Utah | 5 | $5.9M | 6.6% | |
| 5 | Nevada | 2 | — | 2.6% | |
| 6 | Colorado | 1 | — | 1.3% | |
| 7 | Florida | 1 | — | 1.3% |
In California the lender accounts for 0.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (23 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Orange County, CA | 19 | $29.0M | 25.0% | |
| 2 | Los Angeles County, CA | 11 | $19.4M | 14.5% | |
| 3 | San Diego County, CA | 6 | $10.1M | 7.9% | |
| 4 | Salt Lake County, UT | 5 | $5.9M | 6.6% | |
| 5 | Maricopa County, AZ | 5 | $3.5M | 6.6% | |
| 6 | Ada County, ID | 4 | $4.0M | 5.3% | |
| 7 | San Bernardino County, CA | 4 | $3.7M | 5.3% | |
| 8 | Riverside County, CA | 3 | $7.0M | 3.9% | |
| 9 | Canyon County, ID | 2 | — | 2.6% | |
| 10 | Contra Costa County, CA | 2 | — | 2.6% | |
| 11 | Alameda County, CA | 2 | — | 2.6% | |
| 12 | Ventura County, CA | 2 | — | 2.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Real Estate and Rental and Leasing | 16 | 21.1% | |
| 2 | Retail Trade | 13 | 17.1% | |
| 3 | Accommodation and Food Services | 8 | 10.5% | |
| 4 | Construction | 7 | 9.2% | |
| 5 | Health Care and Social Assistance | 7 | 9.2% | |
| 6 | Professional, Scientific, and Technical Services | 6 | 7.9% | |
| 7 | Wholesale Trade | 6 | 7.9% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 3 | 3.9% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Lessors of Real EstateNAICS 5311 | 11 | 14.5% | |
| 2 | Building Material and Supplies DealersNAICS 4441 | 5 | 6.6% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 5.3% | |
| 4 | Activities Related to Real EstateNAICS 5313 | 4 | 5.3% | |
| 5 | Gasoline StationsNAICS 4471 | 3 | 3.9% | |
| 6 | Traveler AccommodationNAICS 7211 | 3 | 3.9% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 3 | 3.9% | |
| 8 | Independent Artists, Writers, and PerformersNAICS 7115 | 2 | 2.6% | |
| 9 | Other Support ServicesNAICS 5619 | 2 | 2.6% | |
| 10 | Computer Systems Design and Related ServicesNAICS 5415 | 2 | 2.6% |
Approval sizes
- $50,000 or less1.3%1
- $50,001 to $150,0002.6%2
- $150,001 to $350,00011.8%9
- $350,001 to $1 million36.8%28
- $1 million to $2 million19.7%15
- Over $2 million27.6%21
Loan terms
- 5 years or less2.6%2
- Over 5 to 10 years31.6%24
- Over 20 years65.8%50
Age of the businesses
- Existing, more than 2 years old73.7%56
- New business, 2 years or less26.3%20
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 71 | 93.4% | |
| 2 | SBA Express Program | 3 | 3.9% | |
| 3 | Working Capital CAPLine | 1 | 1.3% | |
| 4 | Contract CAPLine | 1 | 1.3% |
Franchise share
1 of 76 approvals in FY2021–FY2025 (1.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Fastsigns | 1 | 1.3% |
Questions and answers
How many SBA loans does Sunwest Bank make?
SBA approved 5 7(a) loans through Sunwest Bank in FY2025, worth $1.3M, and 76 over FY2021 to FY2025. That ranks 388th of 2,184 active 7(a) lenders by number of approvals.
How large are Sunwest Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $996K and the average $1.4M. The program-wide median was $190K.
What is Sunwest Bank's charge-off rate?
Of 153 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (1.3%), 123 as paid in full and 28 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 Sunwest Bank lend to most?
By number of approvals in FY2021 to FY2025: lessors of real estate (11); building material and supplies dealers (5); restaurants and other eating places (4); activities related to real estate (4).
Where does Sunwest Bank make SBA loans?
In 7 states and territories. California 54, Arizona 7, Idaho 6, Utah 5, Nevada 2. In California it accounts for 0.2% of all 7(a) approvals.
Is Sunwest Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 14, against 71 in the three before: falling (-80%).
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