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First Utah Bank is a community bank wholly-owned and operated by people who live and work in Utah. Founded in 1978, it is the largest community bank headquartered in Salt Lake City, offering comprehensive business and personal banking services.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of March 31, 2026
Median
$1.7M
Average
$2.3M
Sweet Spot
$500K-$1M
Industries with highest loan volume
General Automotive Repair
2
loans
$1.7M
avg. amount
General Automotive Repair
2
loans
$1.7M
avg
Child Care Services
1
loans
$4.2M
avg. amount
Child Care Services
1
loans
$4.2M
avg
Limited-Service Restaurants
1
loans
$664K
avg. amount
Limited-Service Restaurants
1
loans
$664K
avg
Hotels (except Casino Hotels) and Motels
1
loans
$4.3M
avg. amount
Hotels (except Casino Hotels) and Motels
1
loans
$4.3M
avg
Other Services Related to Advertising
1
loans
$499K
avg. amount
Other Services Related to Advertising
1
loans
$499K
avg
Freight Transportation Arrangement
1
loans
$3.9M
avg. amount
Freight Transportation Arrangement
1
loans
$3.9M
avg
Photography Studios, Portrait
1
loans
$564K
avg. amount
Photography Studios, Portrait
1
loans
$564K
avg
RV (Recreational Vehicle) Parks and Campgrounds
1
loans
$2.4M
avg. amount
RV (Recreational Vehicle) Parks and Campgrounds
1
loans
$2.4M
avg
Commercial and Institutional Building Construction
1
loans
$1.6M
avg. amount
Commercial and Institutional Building Construction
1
loans
$1.6M
avg
Other Technical and Trade Schools
1
loans
$5.0M
avg. amount
Other Technical and Trade Schools
1
loans
$5.0M
avg
10-Year Default Rate
3.7%
Percentile Ranking
94th
94th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 1.50% |
| $500K-$1M | Prime + 2.00% |
| $1M-$2M | Prime + 1.42% |
| $2M-$3M | Prime + 1.25% |
| $3M-$4M | Prime + 3.25% |
| $4M-$5M | Prime + 1.58% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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