SHANE PIERSON · SBA DATA
SBA by City · Provo, UT

SBA Lending in Provo, Utah

Businesses in Provo, UT have drawn 973 SBA 7(a) loans worth $197M, and annual volume has fallen 26% versus the prior decade.

973
7(a) loans
$197M
Approved dollars
$202,088
Average loan size
#5
Rank in Utah
-26%
Annualized vs prior decade
10.3%
Active-loan distress

Provo is the #5 SBA 7(a) market in Utah and #202 in the country. Since 1991 lenders have approved 973 loans here worth $197M, averaging $202,088 each. Annual approval volume has fallen 26% between FY2013-2019 and FY2020-2026. 10.3% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is limited-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.