SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Utah: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
39
in Utah
Median Loan Size
$185,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 39 approvals on record and a median loan size of $185,000.
Key trends & insights
- Zions Bank, A Division OF leads this industry with 8 approvals (21% market share) and a median loan of $128,100.
- Industrial Machinery and Equipment Merchant Wholesalers in Utah loans skew smaller than the SBA average at $185,000 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 Industrial Machinery and Equipment Merchant Wholesalers in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $128,100 | |
| 2 | 4 | $175,000 | |
| 3 | 3 | $637,500 | |
| 4 | 3 | $25,000 | |
| 5 | 2 | $145,000 | |
| 6 | 2 | $150,000 | |
| 7 | 2 | $1,309,500 | |
| 8 | 2 | $142,900 | |
| 9 | 1 | $200,000 | |
| 10 | 1 | $2,066,000 | |
| 11 | 1 | $500,000 | |
| 12 | 1 | $150,000 | |
| 13 | 1 | $2,250,000 | |
| 14 | 1 | $229,600 | |
| 15 | 1 | $260,000 | |
| 16 | 1 | $100,000 | |
| 17 | 1 | $15,000 | |
| 18 | 1 | $4,355,000 | |
| 19 | 1 | $500,000 | |
| 20 | 1 | $4,169,500 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Zions Bank, A Division of | RME*****orp | WEST VALLEY CITY, UT | $250,000 |
| 2025-12 | Bank of Utah | Mar*****LLC | PROVO, UT | $150,000 |
| 2025-11 | Zions Bank, A Division of | Fir*****Co. | TAYLORSVILLE, UT | $14,800 |
| 2025-09 | Mountain America FCU | Ooo*****LLC | PROVO, UT | $250,000 |
| 2025-08 | Bank of Utah | Gua*****Inc | Park City, UT | $5,000,000 |
| 2025-08 | Zions Bank, A Division of | EQ *****LLC | EAGLE MOUNTAIN, UT | $150,000 |
| 2025-07 | Canyon View Federal Credit Union | KIN*****INC | SALT LAKE CITY, UT | $100,000 |
| 2025-07 | Gulf Coast Bank and Trust Company | 144*****nc. | SOUTH SALT LAKE, UT | $175,000 |
| 2025-07 | Gulf Coast Bank and Trust Company | 144*****nc. | SOUTH SALT LAKE, UT | $175,000 |
| 2025-06 | Zions Bank, A Division of | JOR*****NC. | LAYTON, UT | $25,000 |
| 2025-06 | Zions Bank, A Division of | JOR*****NC. | LAYTON, UT | $125,000 |
| 2025-05 | Wells Fargo Bank National Association | All*****LLC | MURRAY, UT | $510,000 |
| 2025-04 | Central Bank | Anv*****LLC | PROVO, UT | $40,000 |
| 2025-03 | Zions Bank, A Division of | XI *****LLC | LOGAN, UT | $106,200 |
| 2025-03 | MidFirst Bank | Sav*****LLC | CEDAR CITY, UT | $900,000 |
| 2025-03 | U.S. Bank, National Association | PRE*****LLC | OGDEN, UT | $25,000 |
| 2025-03 | Canyon View Federal Credit Union | ZEN*****LLC | MAGNA, UT | $100,000 |
| 2025-03 | Zions Bank, A Division of | Mou*****LLC | SYRACUSE, UT | $500,000 |
| 2025-03 | Zions Bank, A Division of | Mou*****LLC | SYRACUSE, UT | $100,000 |
| 2025-03 | Celtic Bank Corporation | Slo*****uch | RIVER HEIGHTS, UT | $150,000 |
| 2025-03 | Lendistry SBLC, LLC | BES*****LLC | Herriman, UT | $300,000 |
| 2025-03 | Celtic Bank Corporation | PRI*****CAL | KAYSVILLE, UT | $150,000 |
| 2025-03 | Live Oak Banking Company | Spr*****.C. | SALT LAKE CITY, UT | $250,000 |
| 2025-03 | Lendistry SBLC, LLC | Sum*****LLC | Herriman, UT | $150,000 |
| 2025-03 | BayFirst National Bank | Sum*****LLC | SALT LAKE CITY, UT | $150,000 |
| 2025-02 | Northwest Bank | Fir*****LLC | SALT LAKE CITY, UT | $500,000 |
| 2025-02 | Zions Bank, A Division of | Ste*****nc. | VERNAL, UT | $14,800 |
| 2025-02 | Northwest Bank | Fir*****LLC | SALT LAKE CITY, UT | $500,000 |
| 2025-02 | Zions Bank, A Division of | Ste*****nc. | VERNAL, UT | $148,500 |
| 2025-02 | Mountain America FCU | TEC*****INC | HOLLADAY, UT | $200,000 |
| 2025-02 | Zions Bank, A Division of | Bri*****LLC | LOGAN, UT | $150,000 |
| 2025-02 | Zions Bank, A Division of | Bri*****LLC | LOGAN, UT | $25,000 |
| 2025-02 | U.S. Bank, National Association | MOD*****LLC | SALT LAKE CITY, UT | $893,900 |
| 2025-02 | Celtic Bank Corporation | AUT*****LLC | BOUNTIFUL, UT | $84,000 |
| 2025-01 | Northeast Bank | MAR*****LLC | Provo, UT | $250,000 |
| 2025-01 | Northeast Bank | ALP*****NC. | West Valley City, UT | $150,000 |
| 2025-01 | BayFirst National Bank | PAG*****LLC | SALT LAKE CITY, UT | $150,000 |
| 2025-01 | America First FCU | JMK*****LLC | FAIRVIEW, UT | $314,000 |
| 2024-12 | Northeast Bank | ALP*****NC. | West Valley City, UT | $500,000 |
| 2024-11 | Heritage Bank Inc | Eve*****nc. | FARMINGTON, UT | $150,000 |
| 2024-11 | Northeast Bank | C. *****NC. | Midvale, UT | $250,000 |
| 2024-09 | Newtek Bank, National Association | Car*****LLC | American Fork, UT | $1,300,000 |
| 2024-09 | Mountain America FCU | The*****LLC | SOUTH JORDAN, UT | $500,000 |
| 2024-08 | MidFirst Bank | Tri*****LLC | LOGAN, UT | $2,000,000 |
| 2024-08 | Celtic Bank Corporation | Chr*****LLC | Salt Lake City, UT | $1,639,000 |
| 2024-08 | U.S. Bank, National Association | KM *****ITY | HIGHLAND, UT | $50,000 |
| 2024-08 | BayFirst National Bank | Hea*****nc. | CEDAR CITY, UT | $150,000 |
| 2024-08 | Redemption Bank | MWA*****LLC | Sandy, UT | $125,000 |
| 2024-07 | Central Bank | MC *****nc. | MORGAN, UT | $750,000 |
| 2024-07 | The Huntington National Bank | Roy*****orp | OGDEN, UT | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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