SBA Ledger

States › Utah › FY2026

FY2026 to date1 Oct 2025 – 30 Jun 2026

SBA loans in Utah, FY2026

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.

So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 934 loans in Utah: 751 under 7(a) and 183 under 504, worth $587M.

The fiscal year is still open, so these counts will grow with each quarterly release.

Utah accounted for 2.1% of the 45,283 approvals nationwide that year. 72 lenders had at least one approval in the state; Zions Bank, A Division of had the most, 152.

934approvals to date
$587Mdollars approved
$200Kmedian 7(a) approvalFY2025: $150K
72lenders with an approval
9,676jobs 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 FY2026, of 72 active.

#LenderProgramApprovalsDollarsShare of stateFY2025Change
1Zions Bank, A Division of7(a)152$29.9M16.3%264—
2Mountain West Small Business Finance504127$154M13.6%182—
3Mountain America FCU7(a)65$26.6M7.0%164—
4U.S. Bank, National Association7(a)57$15.0M6.1%74—
5Central Bank7(a)51$19.4M5.5%69—
6Celtic Bank Corporation7(a)32$13.5M3.4%42—
7Newtek Bank, National Association7(a)32$9.4M3.4%49—
8B:Side Capital50427$30.7M2.9%9—
9Bank of Utah7(a)27$22.4M2.9%15—
10Intermountain Business Lending, Inc.50426$27.6M2.8%46—
11Capital Community Bank7(a)25$12.4M2.7%25—
12America First Federal Credit Union7(a)24$30.9M2.6%34—
13The Huntington National Bank7(a)23$7.5M2.5%59—
14Cache Valley Bank7(a)22$6.5M2.4%28—
15Live Oak Banking Company7(a)18$20.6M1.9%30—
16First Utah Bank7(a)18$14.3M1.9%22—
17Northeast Bank7(a)17$2.4M1.8%74—
18State Bank of Southern Utah7(a)14$2.2M1.5%18—
19UMB Bank, National Association7(a)12$13.8M1.3%9—
20United Midwest Savings Bank National Association7(a)11$2.5M1.2%9—
21First Bank of the Lake7(a)10$6.7M1.1%8—
22Canyon View Federal Credit Union7(a)10$3.9M1.1%30—
23CenTrust Bank, A Division of SmartBiz Bank National Association7(a)10$1.7M1.1%4—
24Northwest Bank7(a)9$15.6M1.0%16—
25KeyBank National Association7(a)8$5.9M0.9%23—
26Byline Bank7(a)7$9.4M0.7%5—
27JPMorgan Chase Bank, National Association7(a)7$4.2M0.7%19—
28Readycap Lending, LLC7(a)7$1.2M0.7%21—
29Community Banks of Colorado, A Division of NBH Bank7(a)6$4.2M0.6%17—
30Wells Fargo Bank National Association7(a)5$3.1M0.5%27—
31Citizens Bank7(a)5$2.9M0.5%15—
32Montana Community Development Corp.7(a)5$760K0.5%7—
33Redemption Bank7(a)4$6.8M0.4%2—
34Brighton Bank7(a)4$1.1M0.4%2—
35Fortis Bank7(a)3$2.9M0.3%3—
36Heritage Bank Inc7(a)3$2.2M0.3%4—
37Gulf Coast Bank and Trust Company7(a)3$2.2M0.3%6—
38Grasshopper Bank National Association7(a)3$1.6M0.3%2—
39Mountain West Small Business Finance7(a)3$497K0.3%4—
40Columbia Bank7(a)3$127K0.3%1—

Approvals by county

#CountyApprovalsDollarsShare of stateFY2025Change
1Salt Lake County338$232M36.2%569—
2Utah County217$118M23.2%345—
3Washington County77$51.0M8.2%144—
4Davis County65$41.7M7.0%154—
5Weber County57$45.9M6.1%99—
6Cache County30$13.5M3.2%62—
7Tooele County19$10.0M2.0%24—
8Summit County19$10.9M2.0%33—
9Wasatch County18$15.1M1.9%18—
10Box Elder County13$2.8M1.4%18—
11Iron County13$11.9M1.4%31—
12Uintah County11$4.2M1.2%18—
13Sevier County7$364K0.7%10—
14Juab County6$3.6M0.6%6—
15Sanpete County6$2.6M0.6%15—
16Carbon County6$1.5M0.6%8—
17Kane County5$7.4M0.5%3—
18Morgan County5$6.0M0.5%2—
19Millard County5$714K0.5%2—
20Duchesne County4$866K0.4%10—
21Grand County3$1.6M0.3%4—
22Emery County3$1.2M0.3%4—
23Beaver County2—0.2%2—
24San Juan County2—0.2%5—
25Rich County1—0.1%1—
26Garfield County1—0.1%3—
27Daggett County1—0.1%0—

FY2026 against FY2025

UtahFY2026 to dateFY2025
7(a) approvals7511,343
7(a) dollars$370M$611M
Median 7(a) approval$200K$150K
504 approvals183250
504 dollars$217M$310M
Jobs supported, as reported9,67616,426

Questions and answers

Which lenders made the most SBA loans in Utah in FY2026?

Zions Bank, A Division of (152), Mountain West Small Business Finance (127), Mountain America FCU (65), U.S. Bank, National Association (57), Central Bank (51). 72 lenders had at least one approval.

How many SBA loans were approved in Utah in FY2026?

934 to 30 Jun 2026: 751 under 7(a) worth $370M and 183 under 504 worth $217M.

Which Utah counties had the most SBA approvals in FY2026?

Salt Lake County (338), Utah County (217), Washington County (77), Davis County (65), Weber County (57).

When does FY2026 start and end?

The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.

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