SHANE PIERSON · SBA DATA
SBA Lending by State · Utah

SBA Lending in Utah

Utah is a mid-sized SBA market concentrated in construction, growing -16%.

40,409
Total SBA loans
$12.7B
Approved dollars
9.9
Loans per 1,000 businesses / yr
-16%
Growth, 2010s to 2020s
4.7%
Active-status distress
#18
Rank, national volume
#4
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for Utah since 1991 sits in the public federal file. Utah accounts for 40,409 of them, worth $12.7B, split 32,461 under 7(a) and 7,948 under 504. Roughly 13% of 7(a) approvals went to startups and new businesses.

Top industries funded in Utah

  • Construction4,192 loans · $757M
  • Retail4,017 loans · $951M
  • Professional Services3,149 loans · $590M
  • Manufacturing2,986 loans · $910M
  • Personal Services2,762 loans · $576M
  • Healthcare2,596 loans · $885M

Program mix

32,461
7(a) loans
7,948
504 loans
13%
To startups & new businesses
87%
To existing businesses

SBA lending by city in Utah

See Utah on the interactive map

Drill Utah to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Utah on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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