SBA loans in Utah, FY2017

That fiscal year's approvals by lender and by county.

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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 1,287 loans in Utah: 1,073 under 7(a) and 214 under 504, worth $597M.

That is about level with FY2016, when there were 1,315 approvals worth $585M.

Utah accounted for 1.9% of the 68,648 approvals nationwide that year. 56 lenders had at least one approval in the state; Zions Bank, A Division of had the most, 186.

1,287approvalsFY2016: 1,315

$597Mdollars approvedFY2016: $585M

$150Kmedian 7(a) approvalFY2016: $144K

56lenders with an approval

14,174jobs supported, as reported

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.

Approvals by lender

The 40 lenders with the most approvals to Utah businesses in FY2017, of 56 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2016	Change
1	Zions Bank, A Division of	7(a)	186	$30.7M	14.5%	227	-41
2	Mountain West Small Business Finance	504	169	$118M	13.1%	158	+11
3	Glacier Bank	7(a)	106	$44.9M	8.2%	78	+28
4	Wells Fargo Bank National Association	7(a)	92	$36.3M	7.1%	172	-80
5	Mountain America FCU	7(a)	84	$17.7M	6.5%	78	+6
6	U.S. Bank, National Association	7(a)	83	$19.9M	6.4%	77	+6
7	JPMorgan Chase Bank, National Association	7(a)	54	$19.0M	4.2%	57	-3
8	Community Banks of Colorado, A Division of NBH Bank	7(a)	51	$52.6M	4.0%	47	+4
9	State Bank of Southern Utah	7(a)	48	$7.1M	3.7%	35	+13
10	Intermountain Business Lending, Inc.	504	44	$35.9M	3.4%	46	-2
11	Central Bank	7(a)	41	$13.5M	3.2%	25	+16
12	Celtic Bank Corporation	7(a)	39	$16.6M	3.0%	35	+4
13	KeyBank National Association	7(a)	28	$21.8M	2.2%	29	-1
14	First Utah Bank	7(a)	26	$19.9M	2.0%	31	-5
15	America First Federal Credit Union	7(a)	25	$10.5M	1.9%	20	+5
16	BMO Bank National Association	7(a)	24	$16.4M	1.9%	14	+10
17	Canyon View Federal Credit Union	7(a)	23	$2.0M	1.8%	22	+1
18	Bank of Utah	7(a)	21	$15.9M	1.6%	22	-1
19	Cache Valley Bank	7(a)	18	$1.8M	1.4%	19	-1
20	Stearns Bank National Association	7(a)	15	$6.5M	1.2%	11	+4
21	BayFirst National Bank	7(a)	11	$2.2M	0.9%	9	+2
22	Live Oak Banking Company	7(a)	8	$15.2M	0.6%	21	-13
23	United Midwest Savings Bank National Association	7(a)	6	$4.1M	0.5%	0	new
24	Jordan Federal Credit Union	7(a)	6	$2.0M	0.5%	7	-1
25	Wasatch Peaks FCU	7(a)	6	$1.1M	0.5%	5	+1
26	T Bank, National Association	7(a)	5	$16.2M	0.4%	1	+4
27	Mountain West Small Business Finance	7(a)	5	$943K	0.4%	8	-3
28	Grand Valley Bank	7(a)	5	$814K	0.4%	0	new
29	Brighton Bank	7(a)	5	$718K	0.4%	5	0
30	Banc of California	7(a)	4	$11.3M	0.3%	1	+3
31	Simmons Bank	7(a)	4	$1.0M	0.3%	4	0
32	Banner Bank	7(a)	4	$539K	0.3%	1	+3
33	Bank Five Nine	7(a)	3	$4.7M	0.2%	3	0
34	Newtek Small Business Finance, Inc.	7(a)	3	$1.9M	0.2%	2	+1
35	Happen Bank	7(a)	3	$1.5M	0.2%	0	new
36	FinWise Bank	7(a)	3	$705K	0.2%	5	-2
37	Five Star Bank	7(a)	3	$575K	0.2%	0	new
38	Northeast Bank	7(a)	3	$375K	0.2%	0	new
39	Utah First FCU	7(a)	2	—	0.2%	1	+1
40	US Metro Bank	7(a)	2	—	0.2%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2016	Change
1	Salt Lake County	470	$223M	36.5%	462	+8
2	Utah County	277	$140M	21.5%	264	+13
3	Davis County	119	$45.4M	9.2%	138	-19
4	Washington County	89	$36.1M	6.9%	75	+14
5	Weber County	74	$45.3M	5.7%	82	-8
6	Cache County	51	$30.6M	4.0%	76	-25
7	Iron County	29	$8.1M	2.3%	31	-2
8	Summit County	28	$10.2M	2.2%	37	-9
9	Box Elder County	22	$10.4M	1.7%	27	-5
10	Uintah County	19	$4.6M	1.5%	19	0
11	Wasatch County	19	$15.0M	1.5%	22	-3
12	Tooele County	16	$1.6M	1.2%	15	+1
13	Grand County	12	$6.5M	0.9%	8	+4
14	Sevier County	11	$1.2M	0.9%	6	+5
15	Sanpete County	9	$784K	0.7%	15	-6
16	Duchesne County	6	$823K	0.5%	2	+4
17	Kane County	5	$1.3M	0.4%	3	+2
18	Wayne County	5	$2.8M	0.4%	2	+3
19	Millard County	5	$890K	0.4%	3	+2
20	Rich County	4	$677K	0.3%	2	+2
21	Carbon County	4	$567K	0.3%	2	+2
22	Garfield County	4	$5.8M	0.3%	5	-1
23	Emery County	3	$442K	0.2%	0	new
24	Juab County	2	—	0.2%	3	-1
25	Morgan County	2	—	0.2%	5	-3
26	Beaver County	1	—	0.1%	2	-1
27	Daggett County	1	—	0.1%	0	new

FY2017 against FY2016

Utah	FY2017	FY2016
7(a) approvals	1,073	1,109
7(a) dollars	$440M	$446M
Median 7(a) approval	$150K	$144K
504 approvals	214	206
504 dollars	$157M	$139M
Jobs supported, as reported	14,174	14,384

Questions and answers

Which lenders made the most SBA loans in Utah in FY2017?

Zions Bank, A Division of (186), Mountain West Small Business Finance (169), Glacier Bank (106), Wells Fargo Bank National Association (92), Mountain America FCU (84). 56 lenders had at least one approval.

How many SBA loans were approved in Utah in FY2017?

1,287: 1,073 under 7(a) worth $440M and 214 under 504 worth $157M.

Which Utah counties had the most SBA approvals in FY2017?

Salt Lake County (470), Utah County (277), Davis County (119), Washington County (89), Weber County (74).

When does FY2017 start and end?

The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.

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