# Celtic Bank SBA loans in Utah **Short answer:** SBA's loan file shows Celtic Bank made 175 SBA loans in Utah since October 2019. The median loan was $344,500, 2.3 times its national median of $150,000. 51.4% went to businesses more than two years old, against 66.1% of its loans nationally. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/utah/ Data as of: 2026-06-30 This site is not Celtic Bank sbaexpress.loans is not Celtic Bank, and Celtic Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Celtic Bank. These are the 175 SBA 7(a) loans [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/) made in [Utah](https://www.sbaexpress.loans/utah-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other. ## How Celtic Bank differs in Utah **What this means for you.** Use the local range, not the national one, to judge your own request: half of these loans in Utah ran from $150,000 to $908,500. ### Loan size The median loan was $344,500 in Utah, 2.3 times its national median of $150,000. The middle half of loans in Utah ran from $150,000 to $908,500. For all its loans the middle half ran from $125,000 to $768,475. Median loan, Oct 2019 to Jun 2026 - Utah: $344,500 - All its U.S. loans: $150,000 ### Established businesses 51.4% of the loans in Utah went to businesses more than two years old, against 66.1% of its loans nationally. In business more than 2 years, share of loans, Oct 2019 to Jun 2026 - Utah: 51.4% - All its U.S. loans: 66.1% ### Share of the state's loans Celtic Bank made 3.0% of the SBA loans approved in Utah since October 2019, against 1.6% of loans nationwide. Its share here is 1.9 times its national share. Share of all SBA loans, Oct 2019 to Jun 2026 - Utah: 3.0% - All its U.S. loans: 1.6% We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. One more difference is in the table. ## Utah next to the U.S. **Utah compared with all of Celtic Bank's U.S. loans, October 2019 to June 2026** | Measure | Utah | All its U.S. loans | Reading | | --- | --- | --- | --- | | Lender's share of all SBA loans | 3.0% | 1.6% | Clearly higher | | Median loan | $344,500 | $150,000 | Clearly higher | | Middle half of loans | $150,000 to $908,500 | $125,000 to $768,475 | – | | Startups (the loan opens the business) | 8.0% | 6.2% | No clear gap | | In business 2 years or less | 23.4% | 14.4% | Clearly higher | | In business more than 2 years | 51.4% | 66.1% | Clearly lower | | Change of ownership | 17.1% | 12.7% | No clear gap | | SBA Express | Fewer than 5 | 0.1% | No clear gap | | Lines of credit | Fewer than 5 | 0.2% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.75 points over Prime | 2.75 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## What Celtic Bank lends to in Utah The 4 industries below account for 32 of the 175 loans approved October 2019 to June 2026, or 18.3%. An industry is listed when it has 5 or more of them, five at most. **Top industries in Utah** | Industry | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 14 | 8.0% | 4.2% | | [Landscaping Services](https://www.sbaexpress.loans/industries/landscaping-services/) | 7 | 4.0% | Not in top 5 | | [General Freight Trucking, Local](https://www.sbaexpress.loans/industries/general-freight-trucking-local/) | 6 | 3.4% | 2.7% | | [All Other Personal Services](https://www.sbaexpress.loans/industries/all-other-personal-services/) | 5 | 2.9% | Not in top 5 | Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries. ## Celtic Bank in other states Other states where these loans differ clearly from the national pattern, most loans first. **Celtic Bank by state** | State | Loans since October 2019 | | --- | --- | | [Florida](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/florida/) | 420 | | [New York](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/new-york/) | 284 | | [Arizona](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/arizona/) | 229 | | [Georgia](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/georgia/) | 217 | | [Washington](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/washington/) | 147 | | [Connecticut](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/connecticut/) | 68 | | [Wisconsin](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/wisconsin/) | 65 | | [Indiana](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/indiana/) | 62 | ## Other lenders in Utah Other lenders in Utah with a clear difference from the national pattern, most loans first. **Other lenders in Utah** | Lender | Loans since October 2019 | | --- | --- | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/utah/) | 182 | | [Citizens Bank (Elizabethton, TN)](https://www.sbaexpress.loans/sba-express-lenders/citizens-bank-tn/utah/) | 58 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)