SBA Loans for Wholesale Trade Agents and Brokers in Utah: Top Lenders
NAICS 425NAICS 425 covers wholesale trade agents and brokers businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Utah
Median Loan Size
$175,000
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 425 covers wholesale trade agents and brokers businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $175,000.
Key trends & insights
- Wholesale Trade Agents and Brokers in Utah lending is concentrated — Cache Valley Bank, Mountain West Small Business Finance, Newtek Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Cache Valley Bank leads this industry with 1 approvals (33% market share) and a median loan of $175,000.
- Wholesale Trade Agents and Brokers in Utah loans skew smaller than the SBA average at $175,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2023-08-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Wholesale Trade Agents and Brokers in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $175,000 | |
| 2 | 1 | $300,000 | |
| 3 | 1 | $40,000 |
Recent SBA 7(a) approvals for Wholesale Trade Agents and Brokers in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | Newtek Bank, National Association | OSH*****ION | EAGLE MOUNTAIN, UT | $40,000 |
| 2022-07 | Mountain West Small Business Finance | Sk***LLC | Hurricane, UT | $300,000 |
| 2021-04 | Cache Valley Bank | SK***LLC | HURRICANE, UT | $175,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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