Best Utah SBA Lenders & Rates of 2026

Compare 96 SBA lenders in Utah. $529.9M funded across 1,222 businesses. Average rate 10.09%. Get matched free.

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Best Utah SBA Lenders & Rates of 2026

$529.9M
Total Funded

1,222
Loans Approved

$434K
Avg Loan Size

10.09%
Avg Interest Rate

96
Active Lenders

SBA Loans in Utah

Utah businesses received $529.9M in SBA 7(a) loan approvals across 1,222 businesses in 2025. With 96 active SBA lenders competing for business in Utah, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Utah is $434K, with rates averaging 10.09%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Utah (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Utah businesses:

Rank Lender Volume Loans Avg Rate
1 Zions Bank, A Division of $37.2M 252 10.32%
2 Mountain America FCU $33.7M 143 10.59%
3 Live Oak Banking Company $32.0M 29 9.15%
4 U.S. Bank, National Association $27.5M 75 10.02%
5 Celtic Bank Corporation $26.8M 42 10.26%
6 The Huntington National Bank $23.6M 40 9.65%
7 First Utah Bank $21.8M 22 10.22%
8 America First FCU $21.8M 25 7.99%
9 Capital Community Bank $20.5M 28 9.88%
10 Northwest Bank $20.4M 21 9.75%
11 Central Bank $18.5M 61 9.61%
12 Bank of Utah $15.6M 14 9.41%
13 Citizens Bank $15.5M 15 9.98%
14 Newtek Bank, National Association $15.4M 45 10.94%
15 Cache Valley Bank $12.5M 28 8.91%
16 MISSINGMAINBANKID $11.5M 14 9.06%
17 Northeast Bank $11.0M 53 10.74%
18 First Internet Bank of Indiana $10.4M 6 10.00%
19 KeyBank National Association $9.6M 23 10.59%
20 Byline Bank $9.3M 6 10.21%

🤝 How to Get an SBA Loan in Utah

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Utah and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Utah SBA Lenders

Ready to apply for an SBA loan in Utah? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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