Best SBA Lenders in Saint George, UT (2026)
2025 FOIA data: top lenders, rates & industries for Saint George SBA loans
SBA Loans in Saint George, Utah
Looking for an SBA loan in Saint George, Utah? Based on 2025 FOIA data, 75 SBA 7(a) loans were funded in Saint George totaling $23.8M, supporting an estimated 537 jobs. With 23 active lenders competing for business in the Saint George market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Saint George is $317K at an average rate of 10.5%. The top lender in Saint George is First Internet Bank of Indiana, with the most-funded industry being Electrical Contractors. See all Utah SBA lenders for statewide rankings.
SBA Loans in Saint George by Business Type
Whether you’re starting a new business in Saint George, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 28% of SBA loans in Saint George (19 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 32% (9 loans) — if you’re looking to buy a business in Saint George, this is a proven use case for SBA financing. Existing businesses make up 35% and typically receive the most favorable terms.
Top SBA Lenders in Saint George, UT (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Saint George businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | $4.9M | 2 | 10% |
| 2 | Zions Bank, A Division of | $2.8M | 21 | 10.84% |
| 3 | Live Oak Banking Company | $2.7M | 1 | 8% |
| 4 | State Bank of Southern Utah | $2.2M | 9 | 9.21% |
| 5 | America First FCU | $1.9M | 2 | 7.88% |
| 6 | The Huntington National Bank | $1.5M | 7 | 10% |
| 7 | First Bank of the Lake | $1.3M | 2 | 9.75% |
| 8 | Pathward National Association | $1.2M | 1 | 10.5% |
| 9 | Mountain America FCU | $1.1M | 11 | 11.81% |
| 10 | Capital Community Bank | $768K | 3 | 10% |
The top lenders in Saint George have direct experience with local businesses and understand the Saint George market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Saint George and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Saint George
One 5-minute application. 23+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Saint George
These are the industries that received the most SBA 7(a) funding in Saint George in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Electrical Contractors | 3 | $4.9M |
| Offices of Dentists | 1 | $2.7M |
| Snack and Nonalcoholic Beverage Bars | 5 | $2.5M |
| Offices of Mental Health Practitioners (except Physicians) | 5 | $1.5M |
| Fitness and Recreational Sports Centers | 2 | $961K |
| Beauty Salons | 1 | $946K |
| Other Personal Care Services | 4 | $937K |
| Other Support Activities for Road Transportation | 1 | $930K |
| Offices of All Other Miscellaneous Health Practitioners | 3 | $739K |
| Automotive Glass Replacement Shops | 1 | $738K |
Lenders with experience funding your specific industry in Saint George understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Saint George
Option 1: Apply directly to one of the top Saint George lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Saint George-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
