# Small business loans in Layton, UT

**Short answer:** The most active SBA lenders in Layton, UT since FY2024 are Zions Bank (20 loans) and Mountain America Credit Union (9). The median loan was $150,000, and half fell between $33,525 and $320,000. For free help, see the Utah Small Business Development Center. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/utah-small-business-loans/layton/
Data as of: 2026-06-30

## Lenders making SBA loans in Layton

Zions Bank made the most loans in Layton, 33% of the total. The three largest lenders together made 58%.

**Lenders with five or more SBA loans in Layton, UT, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Zions Bank](https://www.sbaexpress.loans/sba-express-lenders/zions-bank/) | 20 | 33.3% |
| [Mountain America Credit Union](https://www.sbaexpress.loans/sba-express-lenders/mountain-america-credit-union/): Credit union | 9 | 15.0% |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 6 | 10.0% |

Share is the percent of all Layton loans in that period. Each name links to that lender's page for Utah where one exists.

Layton has three lenders with five or more loans since FY2024. Others had fewer, and the Utah page counts 123 lenders with at least one approved loan statewide.

## Local help near Layton

Layton borrowers can start with SBA's district office for Utah, an SBDC or SCORE.

32% of Layton borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA has one district office for Utah. Its page points to state and federal resources and to lenders in the area. The Utah Small Business Development Center gives free counseling across Utah.

- [SBA Utah District Office: SBA district office](https://www.sba.gov/district/utah)
- [Utah Small Business Development Center: Small Business Development Center](https://utahsbdc.org/)
- [SCORE mentors in Utah: Business mentoring](https://www.score.org/ut/)

Alongside SBA loans, Utah runs two loan programs. The [Utah page](https://www.sbaexpress.loans/utah-small-business-loans/#loan-programs-in-utah) describes each, and the official pages are linked here.

- [USBCI Loan Participation Program](https://business.utah.gov/usbci/)
- [USBCI Capital Access Program](https://business.utah.gov/usbci/)

## Loan counts and sizes in Layton

Layton ranks 12th by loans since FY2024 among the 16 Utah cities with 100 or more SBA loans since FY2020. Nationally it is the 457th busiest of the 580 cities that reach 100 loans.

The 60 loans, 2.1% of the 2,881 in Utah, were approved for $19.2 million in all. The median loan was $150,000, close to the national median of $150,300. Half of the loans fell between $33,525 and $320,000. The Utah median is $150,000.

**Layton, UT compared with Utah and the nation, loans from FY2024 to June 2026**

| Measure | Layton | Utah | U.S. |
| --- | --- | --- | --- |
| Loans | 60 | 2,881 | 162,355 |
| Median loan | $150,000 | $150,000 | $150,300 |
| 25th percentile | $33,525 | $60,000 | $50,000 |
| 75th percentile | $320,000 | $499,000 | $500,000 |
| Via SBA Express | 41.7% | 34.7% | 35.8% |
| Lines of credit | 38.3% | 29.5% | 28.1% |
| Startups | 13.3% | 16.5% | 16.1% |
| Ownership changes | 8.3% | 9.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.5 | 2.75 |
| Charged off | Fewer than 5 | 2.9% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

41.7% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 38.3% of loans, above the national 28.1%.

SBA loans in Layton, UT by size, FY2024 to June 2026

- $50,000 or less (32%): 19
- $50,001 to $150,000 (22%): 13
- $150,001 to $350,000 (27%): 16
- $350,001 to $500,000: Fewer than 5
- $500,001 to $1,000,000: Fewer than 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000: Fewer than 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 60.0% of loans went to businesses more than two years old and 18.3% to businesses two years old or younger. Startups received 13.3% and changes of ownership 8.3%. The national startup share is 16.1%.

SBA loans in Layton, UT by fiscal year

- FY2020: 17
- FY2021: 16
- FY2022: 12
- FY2023: 15
- FY2024: 22
- FY2025: 28
- FY2026 (through June 30): 10

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 27% from FY2024 (22 loans) to FY2025 (28), the two latest full years. The busiest full year in the file was FY2025, with 28 loans. FY2026 already shows 10 loans through June 30.

Of the 45 loans Layton borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 757 jobs supported across the 60 loans since FY2024, about 12.6 per loan. SBA does not audit these estimates.

## What businesses in Layton borrow for

Full-Service Restaurants was the largest borrower group in Layton since FY2020, with 7 loans or 5.8% of the total.

The four largest industries made up 20% of all Layton loans since FY2020.

**Industries with the most SBA loans in Layton, UT, FY2020 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 7 | 5.8% | 4.6% |
| [Fitness and Recreational Sports Centers](https://www.sbaexpress.loans/industries/fitness-recreational-sports-centers/) | 6 | 5.0% | 2.1% |
| [Snack and Nonalcoholic Beverage Bars](https://www.sbaexpress.loans/industries/snack-nonalcoholic-beverage-bars/) | 6 | 5.0% | 1.6% |
| [Landscaping Services](https://www.sbaexpress.loans/industries/landscaping-services/) | 5 | 4.2% | 1.7% |

Share is the percent of all Layton loans in that period. Industry is the NAICS code on each loan. A name links to the Utah page for that industry where one exists.

## A typical loan payment in Layton

The median Layton loan was $150,000 with a median term of 10 years.

The median variable-rate loan in Layton was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $150,000 over 10 years, principal and interest would come to about $1,962 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Layton loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $33,525 | $438 |
| Median loan | $150,000 | $1,962 |
| 75th percentile loan | $320,000 | $4,185 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $150,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Layton loans approved since FY2024 had a median starting rate of 10% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $150,000 loan](https://www.sbaexpress.loans/loan-amounts/150000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Layton

Layton has 17 SBA 504 loans since FY2024, with $13.6 million in SBA and CDC dollars.

The median 504 loan in Layton was $551,000 in SBA and CDC dollars, 11% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Mountain West Small Business Finance is the Certified Development Company (CDC) named on the most loans since FY2020, with 25. Intermountain Business Lending, Inc. follows with 9. The two CDCs listed are named on 34 loans between them.

**CDCs named on five or more 504 loans in Layton, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Mountain West Small Business Finance | 25 |
| Intermountain Business Lending, Inc. | 9 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Utah cities near Layton

Layton made up 2.1% of Utah's SBA loans since FY2024.

Layton is one of 16 Utah cities with 100 or more SBA loans since FY2020. The [Utah page](https://www.sbaexpress.loans/utah-small-business-loans/) covers all 2,881 loans in Utah. The closest come first, ranked by county and ZIP code on their loans.

- [Lehi: 96 loans, median $198,750](https://www.sbaexpress.loans/utah-small-business-loans/lehi/)
- [Midvale: 61 loans, median $165,000](https://www.sbaexpress.loans/utah-small-business-loans/midvale/)
- [Orem: 68 loans, median $250,000](https://www.sbaexpress.loans/utah-small-business-loans/orem/)
- [Draper: 72 loans, median $237,700](https://www.sbaexpress.loans/utah-small-business-loans/draper/)
- [Sandy: 112 loans, median $177,500](https://www.sbaexpress.loans/utah-small-business-loans/sandy/)
- [American Fork: 54 loans, median $150,000](https://www.sbaexpress.loans/utah-small-business-loans/american-fork/)
- [West Jordan: 77 loans, median $150,000](https://www.sbaexpress.loans/utah-small-business-loans/west-jordan/)
- [South Jordan: 93 loans, median $250,000](https://www.sbaexpress.loans/utah-small-business-loans/south-jordan/)

## Common questions about SBA loans in Layton

### Which lenders make the most SBA loans in Layton?

Zions Bank leads with 20 loans in Layton since FY2024. Mountain America Credit Union (9) and U.S. Bank (6) follow. Only lenders with five or more Layton loans are counted.

### Which industries get SBA loans in Layton?

Full-Service Restaurants leads with 7 loans in Layton since FY2020. Fitness and Recreational Sports Centers (6) and Snack and Nonalcoholic Beverage Bars (6) follow.

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. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [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)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Utah District Office](https://www.sba.gov/district/utah)
- [Utah Small Business Development Center](https://utahsbdc.org/)
- [SCORE, Utah](https://www.score.org/ut/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)