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Utah First FCU

Salt Lake City, UT 84111

⭐ SBA Preferred Lender
7
Loans Approved
$2.3M
Total Volume
$326K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Lessors of Nonresidential Buildings (except Miniwarehouses)
  • Veterinary Services
  • Snack and Nonalcoholic Beverage Bars
  • Insurance Agencies and Brokerages
  • Beauty Salons

Quick Summary

Utah First FCU is an SBA-approved lender headquartered in Salt Lake City, Utah. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 7 SBA 7(a) loans totaling $2.3M, with an average loan size of $326K. They primarily serve Utah businesses.

About Utah First FCU

Utah First FCU is an SBA-approved lender headquartered in Salt Lake City, Utah. Since 2020, they have approved 7 SBA 7(a) loans totaling $2.3M, with an average loan size of $326K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Utah.

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Frequently Asked Questions

Is Utah First FCU an SBA Preferred Lender?

Yes, Utah First FCU 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 Utah First FCU approved?

According to SBA FOIA public records, Utah First FCU has approved 7 SBA 7(a) loans totaling $2.3M since 2020. Their average loan size is $326K.

What states does Utah First FCU serve?

Utah First FCU primarily serves businesses in Utah.

How do I apply for an SBA loan with Utah First FCU?

To apply for an SBA 7(a) loan with Utah First FCU, 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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