Lenders › Zions Bank, A Division of
7(a) lenderSalt Lake City, UtahFDIC-insured bank19th of 2,184 by approvals
Zions Bank, A Division of
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.
Zions Bank, A Division of (Salt Lake City, Utah) is an FDIC-insured bank in the SBA 7(a) program, 19th of 2,184 by approvals in FY2021 to FY2025: 2,678 loans worth $843M.
In FY2025, the latest complete fiscal year, it had 1,217 approvals totalling $240M, up 100% on FY2024 (607). FY2026 to 30 Jun 2026 adds 700 more.
The median approval was $140K, against $190K for the 7(a) program as a whole; 65.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 13 states and territories and 167 counties, led by Utah (25.7%), Texas (16.6%) and California (15.1%). The largest industry group was construction at 15.7% of approvals, and 7.1% of approvals were to franchise businesses.
Of 6,730 disbursed loans approved in FY2010 to FY2021, SBA records 398 as charged off (5.9%), 5,659 as paid in full and 673 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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* | 700 | $197M | $102K | $281K | 6,502 |
| FY2025 | 1,217 | $240M | $105K | $197K | 10,456 |
| FY2024 | 607 | $149M | $135K | $245K | 5,219 |
| FY2023 | 315 | $131M | $175K | $417K | 3,895 |
| FY2022 | 192 | $108M | $292K | $565K | 2,713 |
| FY2021 | 347 | $215M | $250K | $619K | 4,548 |
| FY2020 | 258 | $90.8M | $219K | $352K | 2,954 |
| FY2019 | 416 | $121M | $98K | $291K | 3,273 |
| FY2018 | 663 | $131M | $50K | $198K | 4,570 |
| FY2017 | 482 | $107M | $67K | $222K | 4,576 |
| FY2016 | 501 | $156M | $135K | $311K | 5,579 |
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 2,320 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 | 7,491 | 12,601 | 639,905 |
| Cancelled or never disbursed | 761 | 1,336 | 79,313 |
| Disbursed loans | 6,730 | 11,265 | 560,592 |
| Paid in full | 5,659 | 9,360 | 435,813 |
| Charged off | 398 | 583 | 36,891 |
| Still outstanding (status exempt from disclosure) | 673 | 1,322 | 87,888 |
| Charged off, share of disbursed loans | 5.9% | 5.2% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.5% | 2.1% | 2.5% |
| Dollars charged off | $38.2M | $83.3M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 311 | 115 | 8 | 2.6% | 2.8% |
| FY2020 | 239 | 126 | 11 | 4.6% | 4.0% |
| FY2019 | 382 | 232 | 28 | 7.3% | 6.7% |
| FY2018 | 620 | 484 | 57 | 9.2% | 7.9% |
| FY2017 | 441 | 353 | 31 | 7.0% | 7.7% |
| FY2016 | 462 | 379 | 26 | 5.6% | 7.2% |
| FY2015 | 623 | 558 | 37 | 5.9% | 6.9% |
| FY2014 | 525 | 467 | 41 | 7.8% | 6.4% |
| FY2013 | 657 | 622 | 29 | 4.4% | 6.0% |
| FY2012 | 793 | 746 | 42 | 5.3% | 6.3% |
| FY2011 | 959 | 909 | 44 | 4.6% | 6.9% |
| FY2010 | 718 | 668 | 44 | 6.1% | 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 | $140K | $190K |
| Average approval | $315K | $518K |
| Approvals of $150,000 or less | 65.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 35.5% | 34.3% |
| Approvals to franchise businesses | 7.1% | 11.5% |
| Jobs supported per approval, as reported | 10.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.9% | 6.6% |
States served
| # | State of the business (13 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Utah | 689 | $165M | 25.7% | |
| 2 | Texas | 445 | $131M | 16.6% | |
| 3 | California | 404 | $189M | 15.1% | |
| 4 | Idaho | 383 | $67.7M | 14.3% | |
| 5 | Nevada | 281 | $118M | 10.5% | |
| 6 | Arizona | 247 | $106M | 9.2% | |
| 7 | Colorado | 189 | $51.6M | 7.1% | |
| 8 | New Mexico | 17 | $5.8M | 0.6% | |
| 9 | Oregon | 11 | $7.2M | 0.4% | |
| 10 | Wyoming | 8 | $801K | 0.3% | |
| 11 | Washington | 2 | — | 0.1% | |
| 12 | North Carolina | 1 | — | 0.0% |
In Utah the lender accounts for 13.6% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (167 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 206 | $61.9M | 7.7% | |
| 2 | Salt Lake County, UT | 206 | $46.3M | 7.7% | |
| 3 | Clark County, NV | 203 | $88.2M | 7.6% | |
| 4 | Utah County, UT | 118 | $32.4M | 4.4% | |
| 5 | San Diego County, CA | 113 | $38.5M | 4.2% | |
| 6 | Los Angeles County, CA | 108 | $51.4M | 4.0% | |
| 7 | Maricopa County, AZ | 100 | $53.8M | 3.7% | |
| 8 | Ada County, ID | 92 | $23.3M | 3.4% | |
| 9 | Davis County, UT | 77 | $21.1M | 2.9% | |
| 10 | Montgomery County, TX | 64 | $17.9M | 2.4% | |
| 11 | Washington County, UT | 64 | $14.0M | 2.4% | |
| 12 | Bonneville County, ID | 56 | $6.5M | 2.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 420 | 15.7% | |
| 2 | Retail Trade | 264 | 9.9% | |
| 3 | Health Care and Social Assistance | 259 | 9.7% | |
| 4 | Other Services (except Public Administration) | 251 | 9.4% | |
| 5 | Professional, Scientific, and Technical Services | 248 | 9.3% | |
| 6 | Manufacturing | 246 | 9.2% | |
| 7 | Accommodation and Food Services | 218 | 8.1% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 182 | 6.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 169 | 6.3% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 103 | 3.8% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 97 | 3.6% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 92 | 3.4% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 91 | 3.4% | |
| 6 | Personal Care ServicesNAICS 8121 | 78 | 2.9% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 76 | 2.8% | |
| 8 | Residential Building ConstructionNAICS 2361 | 72 | 2.7% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 63 | 2.4% | |
| 10 | Other Specialty Trade ContractorsNAICS 2389 | 61 | 2.3% |
Approval sizes
- $50,000 or less25.6%685
- $50,001 to $150,00040.4%1,081
- $150,001 to $350,00013.3%356
- $350,001 to $1 million14.5%387
- $1 million to $2 million3.5%95
- Over $2 million2.8%74
Loan terms
- 5 years or less2.0%54
- Over 5 to 10 years86.9%2,327
- Over 10 to 20 years3.5%94
- Over 20 years7.6%203
Age of the businesses
- Existing, more than 2 years old57.1%1,530
- New business, 2 years or less19.3%516
- Startup, loan funds will open the business16.2%435
- Change of ownership7.4%197
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 1,711 | 63.9% | |
| 2 | SBA Express Program | 907 | 33.9% | |
| 3 | 7a General | 29 | 1.1% | |
| 4 | Export Express | 13 | 0.5% | |
| 5 | Preferred Lenders with EWCP | 6 | 0.2% | |
| 6 | Working Capital CAPLine | 5 | 0.2% |
Franchise share
190 of 2,678 approvals in FY2021–FY2025 (7.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 6 | 0.2% | |
| 2 | Crumbl | 4 | 0.1% | |
| 3 | Ace Hardware | 4 | 0.1% | |
| 4 | Pirtek | 4 | 0.1% | |
| 5 | Rush Bowls | 4 | 0.1% | |
| 6 | Sylvan Learning Centers | 4 | 0.1% | |
| 7 | Habit Burger Grill | 3 | 0.1% | |
| 8 | Cold Stone Creamery | 3 | 0.1% |
Questions and answers
How many SBA loans does Zions Bank, A Division of make?
SBA approved 1,217 7(a) loans through Zions Bank, A Division of in FY2025, worth $240M, and 2,678 over FY2021 to FY2025. That ranks 19th of 2,184 active 7(a) lenders by number of approvals.
How large are Zions Bank, A Division of's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $140K and the average $315K. The program-wide median was $190K.
What is Zions Bank, A Division of's charge-off rate?
Of 6,730 disbursed loans approved in FY2010 to FY2021, SBA records 398 as charged off (5.9%), 5,659 as paid in full and 673 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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 Zions Bank, A Division of lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (169); building equipment contractors (103); offices of other health practitioners (97); automotive repair and maintenance (92).
Where does Zions Bank, A Division of make SBA loans?
In 13 states and territories. Utah 689, Texas 445, California 404, Idaho 383, Nevada 281. In Utah it accounts for 13.6% of all 7(a) approvals.
Is Zions Bank, A Division of's SBA lending rising?
Approvals in the three latest complete fiscal years total 2,139, against 797 in the three before: rising (+168%).
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