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SBA lenders in Sandy, UT

SBA 7(a) and 504 loans to businesses in Sandy (Salt Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
216
SBA loans approved
$119.9M
Total approved
$272,250
Median loan
45
Lenders active
39%
To startups

216 SBA loans worth $119.9M went to businesses in Sandy, UT between October 2021 and June 2026, from 45 lenders. Mountain America FCU made the most, 33 loans. The median loan was $272,250, compared with $267,150 across Utah, and construction was the most financed industry.

Most active SBA lenders in Sandy

#LenderLoansApprovedMedian loanTo startups
1Mountain America FCU
Credit union · Sandy, UT
33$12.4M$212,50048%
2Zions Bank, A Division of
Bank · Salt Lake City, UT
28$4.8M$140,40050%
3Mountain West Small Business Finance
Certified development company · Salt Lake City, UT
27$25.1M$623,00022%
4U.S. Bank
Bank · Cincinnati, OH
15$2.2M$30,00027%
5Central Bank
Bank · Provo, UT
10$3.0M$234,25050%
6JPMorgan Chase Bank
Bank · Columbus, OH
7$4.7M$400,00014%
7First Utah Bank
Bank · Salt Lake City, UT
6$7.5M$733,50033%
8Celtic Bank
Bank · Salt Lake City, UT
6$1.7M$150,00033%
9Canyon View Federal Credit Union
Credit union · Salt Lake City, UT
6$807K$66,00083%
10BayFirst National Bank
Bank · St. Petersburg, FL
6$798K$150,0000%
11Live Oak Banking
Bank · Wilmington, NC
5$8.7M$1,420,00060%
12Huntington National Bank
Bank · Columbus, OH
5$1.4M$280,00040%
13Gulf Coast Bank and Trust
Bank · New Orleans, LA
4$6.1M$1,679,50025%
14Intermountain Business Lending
Certified development company · Ogden, UT
4$5.1M$814,5000%
15Community Banks of Colorado, A Division of NBH Bank
Bank · Greenwood Village, CO
4$3.2M$413,75025%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Sandy. For 504 loans the lender shown is the certified development company.

What gets financed in Sandy

IndustryLoansShareMedian loanMost active lender
Construction32
15%
$150,000Zions Bank, A Division of
Professional and technical services28
13%
$221,750Mountain West Small Business Finance
Retail24
11%
$350,000U.S. Bank
Other services (repair, personal care)23
11%
$279,000Mountain America FCU
Health care and social assistance21
10%
$429,000Mountain West Small Business Finance
Restaurants and hotels20
9%
$207,500Zions Bank, A Division of
Administrative and support services13
6%
$150,000Zions Bank, A Division of
Real estate and rental10
5%
$142,500Zions Bank, A Division of
Loan size mix
  • Under $150,00030%
  • $150,000 to $500,00039%
  • $500,000 to $2 million24%
  • $2 million and up7%
Compared with Utah
Median loan, Sandy
$272,250
Median loan, Utah
$267,150
Startup share, Sandy
39%
Startup share, Utah
33%
Share of state's SBA loans
3.5%

SBA loans per fiscal year in Sandy

0234770FY14: 48 loansFY14FY15: 60 loansFY1560FY16: 50 loansFY16FY17: 43 loansFY17FY18: 43 loansFY18FY19: 38 loansFY19FY20: 39 loansFY20FY21: 34 loansFY21FY22: 36 loansFY22FY23: 40 loansFY23FY24: 48 loansFY24FY25: 57 loansFY25FY26 (Oct to Jun): 35 loansFY2635
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.