SBA Loans for Machine Shops in Utah: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
21
in Utah
Median Loan Size
$350,000
per approval
Recent Activity
3
last 90 days through Aug 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 21 approvals on record and a median loan size of $350,000.
Key trends & insights
- Machine Shops in Utah lending is concentrated — Zions Bank, A Division OF, Cache Valley Bank, Bank OF America, National Association together account for 52% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Zions Bank, A Division OF leads this industry with 4 approvals (19% market share) and a median loan of $212,000.
Most active SBA lenders for Machine Shops in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $212,000 | |
| 2 | 4 | $373,550 | |
| 3 | 3 | $432,000 | |
| 4 | 2 | $2,137,500 | |
| 5 | 2 | $1,452,250 | |
| 6 | 2 | $38,000 | |
| 7 | 1 | $300,000 | |
| 8 | 1 | $1,098,000 | |
| 9 | 1 | $1,017,700 | |
| 10 | 1 | $100,000 |
Recent SBA 7(a) approvals for Machine Shops in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-09 | Zions Bank, A Division of | KNU*****LLC | SAINT GEORGE, UT | $25,000 |
| 2025-08 | Zions Bank, A Division of | Fra*****LLC | BLANDING, UT | $74,000 |
| 2025-08 | Zions Bank, A Division of | Fra*****LLC | BLANDING, UT | $25,000 |
| 2025-08 | Canyon View Federal Credit Union | Cow*****any | SALT LAKE CITY, UT | $100,000 |
| 2025-06 | Zions Bank, A Division of | Fal*****nc. | NORTH SALT LAKE, UT | $919,600 |
| 2025-04 | BayFirst National Bank | GOL*****USA | AMERICAN FORK, UT | $150,000 |
| 2025-03 | Zions Bank, A Division of | TOO*****LLC | TOOELE, UT | $50,000 |
| 2025-01 | Zions Bank, A Division of | TAC*****any | DRAPER, UT | $300,000 |
| 2024-10 | Central Bank | Dow*****LLC | SPRINGVILLE, UT | $750,000 |
| 2024-09 | Northwest Bank | LAS*****NC. | OGDEN, UT | $158,000 |
| 2024-09 | Northwest Bank | LAS*****NC. | OGDEN, UT | $35,000 |
| 2024-09 | Central Bank | Dow*****LLC | SPRINGVILLE, UT | $500,000 |
| 2024-08 | Zions Bank, A Division of | MHL*****rp. | SALT LAKE CITY, UT | $150,000 |
| 2024-08 | Capital Community Bank | Fer*****nc. | Bluffdale, UT | $300,000 |
| 2024-07 | Capital Community Bank | Fer*****nc. | Bluffdale, UT | $1,650,000 |
| 2024-06 | Fortis Bank | Car*****nc. | Salt Lake City, UT | $557,300 |
| 2024-05 | Mountain America FCU | ELE*****LC. | SAINT GEORGE, UT | $50,000 |
| 2024-01 | Zions Bank, A Division of | Fla*****.C. | SALT LAKE CITY, UT | $150,000 |
| 2023-10 | Capital Community Bank | Vud*****nc. | Saint George, UT | $1,210,000 |
| 2023-09 | State Bank of Southern Utah | For*****LLC | CEDAR CITY, UT | $400,000 |
| 2023-09 | MISSINGMAINBANKID | Ori*****LLC | PRICE, UT | $944,000 |
| 2023-08 | Fortis Bank | New*****nc. | Cedar City, UT | $1,098,000 |
| 2023-06 | Mountain America FCU | SUM*****NC. | Murray, UT | $500,000 |
| 2023-04 | Zions Bank, A Division of | All*****LLC | Price, UT | $60,000 |
| 2023-03 | Newtek Small Business Finance, Inc. | Spe*****ies | SALT LAKE CITY, UT | $300,000 |
| 2022-12 | Zions Bank, A Division of | AM *****LLC | Duchesne, UT | $182,400 |
| 2022-11 | Live Oak Banking Company | Art*****LLC | SPRINGVILLE, UT | $675,000 |
| 2022-11 | Zions Bank, A Division of | Ski*****LLC | SALEM, UT | $500,000 |
| 2022-11 | Zions Bank, A Division of | Ski*****LLC | Salem, UT | $350,000 |
| 2022-10 | Zions Bank, A Division of | Ski*****LLC | SALEM, UT | $500,000 |
| 2022-09 | Zions Bank, A Division of | Uta*****LLC | Hildale, UT | $432,000 |
| 2022-08 | America First FCU | Imp*****LLC | Clearfield, UT | $30,000 |
| 2022-08 | Bank of America, National Association | SPR*****INC | WOODS CROSS, UT | $342,100 |
| 2022-07 | First Utah Bank | LOV*****NC. | Millcreek, UT | $3,018,000 |
| 2022-06 | Cache Valley Bank | ALP*****LLC | ST GEORGE, UT | $166,000 |
| 2022-05 | Mountain America FCU | MIL*****LLC | BLUFFDALE, UT | $30,000 |
| 2022-05 | Mountain America FCU | BIM****NC. | SALT LAKE CITY, UT | $2,874,500 |
| 2022-03 | Cache Valley Bank | ALP*****LLC | ST GEORGE, UT | $100,000 |
| 2022-01 | Cache Valley Bank | FAB*****LLC | MILLVILLE, UT | $130,000 |
| 2021-11 | First Utah Bank | LOV*****NC. | Murray, UT | $2,030,000 |
| 2021-08 | T Bank, National Association | WES*****INC | CEDAR CITY, UT | $1,017,700 |
| 2021-08 | Continental Bank | RC *****LLC | HEBER CITY, UT | $2,476,700 |
| 2021-08 | Bank of America, National Association | Spr*****nc. | Woods Cross, UT | $432,000 |
| 2021-07 | Cache Valley Bank | TRI*****LLC | LOGAN, UT | $617,100 |
| 2021-07 | Cache Valley Bank | 3RD*****NC. | LOGAN, UT | $75,000 |
| 2021-07 | Live Oak Banking Company | Cle*****LLC | WEST JORDAN, UT | $3,600,000 |
| 2021-06 | Bank of America, National Association | 155*****LLC | Woods Cross, UT | $680,000 |
| 2021-05 | Cache Valley Bank | SAL*****LLC | ENOCH, UT | $350,100 |
| 2021-02 | Central Bank | Aug*****LLC | SPRINGVILLE, UT | $350,000 |
| 2021-02 | Brighton Bank | Ter*****LLC | Salt Lake City, UT | $371,400 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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