SBA Loans for Electrical Contractors in Utah: Top Lenders
NAICS 238NAICS 238 covers flooring contractors businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
122
in Utah
Median Loan Size
$150,000
per approval
Recent Activity
20
last 90 days through Dec 2025
NAICS 238 covers flooring contractors businesses. This is a moderately active sector for SBA 7(a) lending with 122 approvals and a median loan size of $150,000.
Key trends & insights
- U.s. Bank, National Association leads this industry with 18 approvals (17% market share) and a median loan of $35,000.
- Electrical Contractors in Utah loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 18 | $35,000 | |
| 2 | 14 | $50,000 | |
| 3 | 10 | $37,500 | |
| 4 | 7 | $63,100 | |
| 5 | 6 | $250,000 | |
| 6 | 6 | $293,350 | |
| 7 | 5 | $50,000 | |
| 8 | 4 | $507,000 | |
| 9 | 4 | $179,500 | |
| 10 | 3 | $100,000 | |
| 11 | 3 | $10,000 | |
| 12 | 3 | $350,000 | |
| 13 | 3 | $250,000 | |
| 14 | 3 | $985,000 | |
| 15 | 3 | $150,000 | |
| 16 | 3 | $478,100 | |
| 17 | 2 | $2,680,000 | |
| 18 | 2 | $95,700 | |
| 19 | 2 | $425,000 | |
| 20 | 2 | $2,441,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | JPMorgan Chase Bank, National Association | Rem*****LLC | SOUTH SALT LAKE, UT | $250,000 |
| 2025-12 | First Bank of the Lake | Nor*****any | MIDVALE, UT | $150,000 |
| 2025-12 | U.S. Bank, National Association | THE*****LLC | SALT LAKE CITY, UT | $50,000 |
| 2025-12 | Mountain America FCU | One*****LLC | PLEASANT GROVE, UT | $360,500 |
| 2025-12 | U.S. Bank, National Association | BIG*****LLC | DRAPER, UT | $25,000 |
| 2025-11 | U.S. Bank, National Association | ENH*****LLC | SOUTH SALT LAKE, UT | $49,800 |
| 2025-11 | U.S. Bank, National Association | 391*****LLC | RIVERTON, UT | $25,000 |
| 2025-11 | Northeast Bank | JR *****LLC | Payson, UT | $226,800 |
| 2025-11 | Zions Bank, A Division of | Haw*****LLC | BRIGHAM CITY, UT | $25,000 |
| 2025-11 | Zions Bank, A Division of | Haw*****LLC | BRIGHAM CITY, UT | $150,000 |
| 2025-11 | Mountain America FCU | Hig*****LLC | SOUTH JORDAN, UT | $208,000 |
| 2025-11 | Zions Bank, A Division of | Bri****LLC | SYRACUSE, UT | $120,000 |
| 2025-11 | Celtic Bank Corporation | Dix*****LLC | SALT LAKE CITY, UT | $668,700 |
| 2025-11 | KeyBank National Association | Des*****LLC | Tooele, UT | $10,000 |
| 2025-11 | Central Bank | Hux*****LLC | COALVILLE, UT | $250,000 |
| 2025-11 | Celtic Bank Corporation | DKA*****LLC | BLUFFDALE, UT | $150,000 |
| 2025-11 | Live Oak Banking Company | OC *****INC | SALT LAKE CITY, UT | $1,984,400 |
| 2025-11 | Canyon View Federal Credit Union | Roc*****LLC | SALT LAKE CITY, UT | $500,000 |
| 2025-11 | Milestone Bank | DZN*****LLC | Salt Lake City, UT | $1,950,000 |
| 2025-09 | Central Bank | Inf*****LLC | SPRINGVILLE, UT | $40,000 |
| 2025-09 | Zions Bank, A Division of | AJ *****LLC | PROVO, UT | $92,000 |
| 2025-09 | UMB Bank, National Association | Tum*****LLC | CENTERVILLE, UT | $1,575,200 |
| 2025-09 | Zions Bank, A Division of | PAC*****LLC | PARK CITY, UT | $50,000 |
| 2025-09 | First Internet Bank of Indiana | STU*****INC | KAYSVILLE, UT | $1,488,000 |
| 2025-08 | The Huntington National Bank | Cut*****LLC | OREM, UT | $300,000 |
| 2025-08 | The Huntington National Bank | Cut*****LLC | OREM, UT | $4,062,000 |
| 2025-08 | Mountain America FCU | UNI*****INC | WOODS CROSS, UT | $50,000 |
| 2025-08 | Central Bank | FT****rp. | LINDON, UT | $300,000 |
| 2025-08 | KeyBank National Association | KIN*****INC | DRAPER, UT | $15,000 |
| 2025-08 | Northeast Bank | LOW*****LLC | PROVO, UT | $200,000 |
| 2025-08 | U.S. Bank, National Association | SAN*****LLC | OGDEN, UT | $50,000 |
| 2025-08 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Apo*****Co. | SYRACUSE, UT | $150,000 |
| 2025-08 | Mountain America FCU | Hig*****LLC | LA VERKIN, UT | $25,000 |
| 2025-08 | U.S. Bank, National Association | MIC*****TAH | LAYTON, UT | $15,000 |
| 2025-08 | U.S. Bank, National Association | Cor*****LLC | PAYSON, UT | $100,000 |
| 2025-08 | U.S. Bank, National Association | Cor*****LLC | PAYSON, UT | $481,600 |
| 2025-07 | Zions Bank, A Division of | Luc*****LLC | WASHINGTON, UT | $150,000 |
| 2025-07 | First Utah Bank | Blu*****LLC | OREM, UT | $985,000 |
| 2025-07 | Cache Valley Bank | ORE*****LLC | HYRUM, UT | $85,000 |
| 2025-07 | U.S. Bank, National Association | BRG*****LLC | OGDEN, UT | $49,500 |
| 2025-07 | Cadence Bank | All*****Inc | FRUIT HEIGHTS, UT | $160,000 |
| 2025-06 | Mountain America FCU | SRR*****LLC | SANDY, UT | $212,500 |
| 2025-06 | Byline Bank | Inn*****LLC | SALT LAKE CITY, UT | $4,000,000 |
| 2025-06 | United Midwest Savings Bank National Association | TJC*****rem | PROVO, UT | $250,000 |
| 2025-06 | Mountain America FCU | WHI*****LLC | BRIGHAM CITY, UT | $20,000 |
| 2025-06 | Citizens Bank | AGA*****LLC | Salt Lake City, UT | $3,774,600 |
| 2025-05 | Zions Bank, A Division of | Wel*****ign | VERNAL, UT | $965,000 |
| 2025-05 | Central Bank | ALL*****LLC | BLUFFDALE, UT | $250,000 |
| 2025-05 | Central Bank | Ben*****LLC | SOUTH JORDAN, UT | $100,000 |
| 2025-05 | KeyBank National Association | RES*****NC. | MAGNA, UT | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet