SBA business acquisition loans in Utah
309 SBA 7(a) change-of-ownership loans totaling $351.5M in FY2024 to FY2026, median $650K, from 60 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Zions BancorporationSalt Lake City, UT | 44 | $26.7M | $319K | +75% |
| 2 | Live Oak Banking CompanyWilmington, NC | 26 | $39.3M | $995K | −27% |
| 3 | Northwest Bank (Boise, ID)Boise, ID | 19 | $23.4M | $900K | +80% |
| 3 | Huntington National BankColumbus, OH | 19 | $16.6M | $325K | +100% |
| 5 | Accordia BankProvo, UT | 15 | $11.7M | $527K | new |
| 6 | Celtic BankSalt Lake City, UT | 14 | $16.1M | $814K | +100% |
| 7 | Community Banks of ColoradoGreenwood Village, CO | 13 | $26.3M | $1.8M | −75% |
| 8 | Byline BankChicago, IL | 12 | $15.9M | $887K | +0% |
| 8 | Central Bank (Provo, UT)Provo, UT | 12 | $5.0M | $348K | −89% |
| 10 | First Utah BankSalt Lake City, UT | 11 | $28.4M | $1.8M | +67% |
| 10 | UMB BankKansas City, MO | 11 | $16.5M | $740K | +700% |
| 12 | America First Federal Credit UnionRiverdale, UT | 9 | $11.9M | $1.1M | +33% |
| 13 | Mountain America FCUSandy, UT | 8 | $4.8M | $549K | new |
| 13 | Cache Valley BankLogan, UT | 8 | $3.2M | $174K | +0% |
| 15 | Bank of UtahOgden, UT | 7 | $14.1M | $1.6M | +400% |
| 16 | U.S. BankCincinnati, OH | 6 | $2.9M | $499K | new |
| 16 | State Bank of Southern UtahCedar City, UT | 6 | $2.1M | $321K | −100% |
| 18 | Citizens Bank (Elizabethton, TN)Elizabethton, TN | 5 | $2.4M | $500K | +0% |
| 19 | PathwardSioux Falls, SD | 4 | $9.4M | $1.6M | +0% |
| 19 | First Internet Bank of IndianaFishers, IN | 4 | $8.2M | $1.6M | new |
| 19 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 4 | $3.2M | $924K | +0% |
| 22 | Truliant FCUWinston-Salem, NC | 3 | $5.1M | $1.2M | new |
| 22 | Climate First BankSaint Petersburg, FL | 3 | $1.5M | $498K | new |
| 24 | Milestone BankSalt Lake City, UT | 2 | $7.0M | $3.5M | new |
| 24 | United Midwest Savings BankDegraff, OH | 2 | $3.0M | $1.5M | −100% |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K98 loans · 32% · $17.0M
- $350K to $1M103 loans · 33% · $64.9M
- $1M to $2M53 loans · 17% · $76.6M
- $2M to $5M55 loans · 18% · $192.9M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 87 | $91.3M |
| FY2025 | 97 | $115.4M |
| FY2026 | 125 | $144.7M |
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