States Served
Top Industries Financed
- Limited-Service Restaurants
- Solid Waste Collection
- Full-Service Restaurants
- Scenic and Sightseeing Transportation, Other
- General Freight Trucking, Local
Quick Summary
Bank of Utah is an SBA-approved lender headquartered in OGDEN, Utah. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 42 SBA 7(a) loans totaling $40.1M, with an average loan size of $954K. They serve businesses across 3 states.
About Bank of Utah
Bank of Utah is an SBA-approved lender headquartered in OGDEN, Utah. Since 2020, they have approved 42 SBA 7(a) loans totaling $40.1M, with an average loan size of $954K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Bank of Utah an SBA Preferred Lender?
Yes, Bank of Utah is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Bank of Utah approved?
According to SBA FOIA public records, Bank of Utah has approved 42 SBA 7(a) loans totaling $40.1M since 2020. Their average loan size is $954K.
What states does Bank of Utah serve?
Bank of Utah serves businesses in 3 states: Illinois, Mississippi, Utah.
How do I apply for an SBA loan with Bank of Utah?
To apply for an SBA 7(a) loan with Bank of Utah, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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