SHANE PIERSON · SBA DATA
SBA by City · Salt Lake City, UT

SBA Lending in Salt Lake City, Utah

The SBA FOIA record lists 5,641 7(a) approvals worth $1.6B for businesses in Salt Lake City, UT, and annual volume has fallen 36% versus the prior decade.

5,641
7(a) loans
$1.6B
Approved dollars
$282,616
Average loan size
#1
Rank in Utah
-36%
Annualized vs prior decade
4.4%
Active-status distress

Salt Lake City is the #1 SBA 7(a) market in Utah and #21 in the country. Since 1991 the FOIA record lists 5,641 approvals here worth $1.6B, averaging $282,616 each. Annual approval volume has fallen 36% between FY2013-2019 and FY2020-2026. Among 675 active-status loans, 4.4% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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