SBA Express lending in Utah: what SBA's data shows
Lenders made 625 SBA Express loans to Utah businesses in FY2025 and FY2026 through June 30, 2026, worth $59.0 million. The median loan was $50,000, against $50,000 nationally, and 81.6% were lines of credit. Volume rose 4% from FY2024 (371 loans) to FY2025 (385).
In that window, 38 lenders made at least one SBA Express loan in Utah. 56.3% of loans went to businesses more than two years old, and 29 financed a change of ownership. The most common industries were residential remodelers (19), landscaping services (14), plumbing, heating, and air-conditioning contractors (14).
| Top lenders in Utah | Loans |
|---|---|
| Zions Bank | 155 |
| Mountain America Credit Union | 120 |
| U.S. Bank | 81 |
| Central Bank | 41 |
| State Bank of Southern Utah | 26 |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Window: FY2025 and FY2026 through June 30, 2026.
See how Utah compares on SBA Express loan statistics, or browse all SBA Express lenders.
Utah Small Business
Small businesses are an important part of Utah's economy. Small Business Administration statistics, as published in the SBA Office of Advocacy state profiles, show that there are around 268,872 small businesses in Utah, making up an roughly 99.3% of all Utah-based businesses!
With a workforce of no less than 540,268 employees, small businesses thrive in the Beehive State.
SBA Express loans are made by private lenders. The data above shows which lenders actually made them to Utah businesses. If you would rather not apply lender by lender, tell us what your business needs: we route your inquiry to SBA lending partners and the lender makes the credit decision.
Compare SBA Express options in Utah
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