Best SBA Lenders in South Jordan, UT (2026)
2025 FOIA data: top lenders, rates & industries for South Jordan SBA loans
SBA Loans in South Jordan, Utah
Looking for an SBA loan in South Jordan, Utah? Based on 2025 FOIA data, 35 SBA 7(a) loans were funded in South Jordan totaling $19.9M, supporting an estimated 351 jobs. With 23 active lenders competing for business in the South Jordan market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in South Jordan is $568K at an average rate of 10.35%. The top lender in South Jordan is First Utah Bank, with the most-funded industry being Child Day Care Services. See all Utah SBA lenders for statewide rankings.
SBA Loans in South Jordan by Business Type
Whether you’re starting a new business in South Jordan, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 11% of SBA loans in South Jordan (6 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 64% (4 loans) — if you’re looking to buy a business in South Jordan, this is a proven use case for SBA financing. Existing businesses make up 21% and typically receive the most favorable terms.
Top SBA Lenders in South Jordan, UT (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to South Jordan businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | First Utah Bank | $8.4M | 2 | 9% |
| 2 | America First FCU | $4.3M | 1 | 6.5% |
| 3 | Celtic Bank Corporation | $1.3M | 1 | 9.75% |
| 4 | Meadows Bank | $756K | 2 | 10.12% |
| 5 | Northeast Bank | $750K | 2 | 10.25% |
| 6 | Mountain America FCU | $680K | 7 | 11.74% |
| 7 | JPMorgan Chase Bank, National Association | $545K | 1 | 7.5% |
| 8 | U.S. Bank, National Association | $424K | 3 | 10.66% |
| 9 | Cadence Bank | $350K | 1 | 10.25% |
| 10 | The Huntington National Bank | $292K | 2 | 10.25% |
The top lenders in South Jordan have direct experience with local businesses and understand the South Jordan 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 South Jordan 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 South Jordan
One 5-minute application. 23+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in South Jordan
These are the industries that received the most SBA 7(a) funding in South Jordan 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 |
|---|---|---|
| Child Day Care Services | 2 | $8.4M |
| Hotels (except Casino Hotels) and Motels | 1 | $4.3M |
| Full-Service Restaurants | 2 | $1.4M |
| Engineering Services | 3 | $821K |
| Advertising Agencies | 2 | $598K |
| Roofing Contractors | 2 | $550K |
| Hazardous Waste Treatment and Disposal | 1 | $545K |
| All Other Business Support Services | 1 | $350K |
| Insurance Agencies and Brokerages | 2 | $311K |
| Other Services to Buildings and Dwellings | 2 | $292K |
Lenders with experience funding your specific industry in South Jordan 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 South Jordan
Option 1: Apply directly to one of the top South Jordan 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 South Jordan-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.
