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    Bank · Salt Lake City, UT

    Redemption Bank: SBA lending profile

    SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
    11
    SBA loans approved
    $10.8M
    Total approved
    $400,000
    Median loan
    2
    States lent in
    55%
    To startups
    #1130
    National rank by loans

    Redemption Bank approved 11 SBA loans worth $10.8M between October 2021 and June 2026, ranking #1130 of 2,283 SBA lenders nationally by loan count. Its median loan was $400,000, and 55% went to startups or businesses under two years old. It lent in 2 states, most often in Utah, and its most financed industry was restaurants and hotels.

    SBA loans per fiscal year

    0235FY14: 2 loansFY14FY15FY16FY17FY18FY19FY20FY21FY22: 2 loansFY22FY23FY24: 2 loansFY24FY25: 3 loansFY25FY26 (Oct to Jun): 4 loansFY264
    Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

    Where Redemption Bank lends

    StateLoansApprovedMedian loanRank in state
    Utah10$8.8M$373,500#51
    Nevada1$2.0M$2,000,000#133

    Industries Redemption Bank finances

    IndustryLoansShareMedian loan
    Restaurants and hotels3
    27%
    		$400,000
    Retail3
    27%
    		$250,000
    Construction1
    9%
    		$3,655,000
    Professional and technical services1
    9%
    		$835,000
    Health care and social assistance1
    9%
    		$347,000
    Transportation and warehousing1
    9%
    		$2,000,000
    Wholesale trade1
    9%
    		$125,000
    Loan size mix
    • Under $150,00018%
    • $150,000 to $500,00036%
    • $500,000 to $2 million18%
    • $2 million and up27%
    Loan programs used
    • Standard 7(a)100%
    SBA Lenders by StateLender DirectoryLender MatchMethodologyAboutPrivacyTermsDisclaimerContact
    Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.