SBA Loans for Insurance Agencies and Brokerages in Utah: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
12
in Utah
Median Loan Size
$190,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 12 approvals on record and a median loan size of $190,000.
Key trends & insights
- Insurance Agencies and Brokerages in Utah lending is concentrated — Zions Bank, A Division OF, Bankwell Bank, America First FCU together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Zions Bank, A Division OF leads this industry with 2 approvals (17% market share) and a median loan of $111,450.
- Insurance Agencies and Brokerages in Utah loans skew smaller than the SBA average at $190,000 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 2025-03-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Insurance Agencies and Brokerages in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $111,450 | |
| 2 | 2 | $944,500 | |
| 3 | 2 | $192,050 | |
| 4 | 1 | $230,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $300,000 | |
| 8 | 1 | $90,000 | |
| 9 | 1 | $382,500 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Newtek Bank, National Association | Dar*****nc. | South Salt Lake, UT | $50,000 |
| 2025-11 | UMB Bank, National Association | Bru*****LLC | SOUTH JORDAN, UT | $1,309,000 |
| 2025-07 | Mountain America FCU | Dyn*****LLC | SAINT GEORGE, UT | $25,000 |
| 2025-05 | BayFirst National Bank | Big*****ncy | PROVO, UT | $39,000 |
| 2025-03 | Zions Bank, A Division of | Lea*****nc. | PROVO, UT | $75,000 |
| 2025-03 | Bankwell Bank | Eas*****LLC | LAYTON, UT | $250,000 |
| 2025-02 | JPMorgan Chase Bank, National Association | NOV*****LLC | MIDVALE, UT | $230,000 |
| 2025-02 | Newtek Bank, National Association | Dar*****nc. | South Salt Lake, UT | $70,000 |
| 2025-01 | Mountain America FCU | ENV*****NC. | SOUTH JORDAN, UT | $290,600 |
| 2025-01 | Mountain America FCU | ENV*****NC. | SOUTH JORDAN, UT | $20,000 |
| 2025-01 | Celtic Bank Corporation | CUI*****LLC | MIDVALE, UT | $100,000 |
| 2025-01 | Mountain America FCU | Met*****LLC | KAYSVILLE, UT | $416,500 |
| 2024-12 | Mountain America FCU | Jor*****Inc | SANDY, UT | $382,500 |
| 2024-11 | Readycap Lending, LLC | Dar*****nc. | SOUTH SALT LAKE, UT | $50,000 |
| 2024-11 | BayFirst National Bank | SAN*****LLC | SARATOGA SPRINGS, UT | $150,000 |
| 2024-10 | Zions Bank, A Division of | TC *****.C. | PLEASANT GROVE, UT | $150,000 |
| 2024-10 | Zions Bank, A Division of | Chr*****Inc | SANDY, UT | $485,000 |
| 2024-08 | Mountain America FCU | One*****LLC | SOUTH JORDAN, UT | $50,000 |
| 2024-05 | U.S. Bank, National Association | CHR*****LLC | OREM, UT | $39,300 |
| 2024-03 | Montana Community Development Corp. | Dav*****nc. | SALT LAKE CITY, UT | $150,000 |
| 2023-11 | Zions Bank, A Division of | Eri*****nc. | Clinton, UT | $147,900 |
| 2023-11 | State Bank of Southern Utah | Des*****LLC | SAINT GEORGE, UT | $25,000 |
| 2023-11 | Mountain America FCU | The*****Inc | BOUNTIFUL, UT | $280,000 |
| 2023-09 | Zions Bank, A Division of | MIC*****NC. | LEHI, UT | $30,000 |
| 2023-08 | America First FCU | Dav*****Inc | WEST JORDAN, UT | $46,500 |
| 2022-11 | Meadows Bank | AXI*****CES | SALT LAKE CITY, UT | $354,000 |
| 2022-10 | SNB Bank, National Association | All*****LLC | Riverton, UT | $350,000 |
| 2022-08 | BayFirst National Bank | PJE*****NC. | HERRIMAN, UT | $30,000 |
| 2022-03 | Connecticut Community Bank, National Association | Cus*****LLC | LEHI, UT | $90,000 |
| 2022-03 | America First FCU | Ins*****.C. | St. George, UT | $299,200 |
| 2022-03 | Bankwell Bank | Eas*****ent | WEST HAVEN, UT | $1,639,000 |
| 2022-03 | MidFirst Bank | JTK*****any | LEHI, UT | $510,000 |
| 2021-09 | Utah First FCU | DUO*****LLC | Murray, UT | $267,700 |
| 2021-09 | MISSINGMAINBANKID | Ins*****LLC | AMERICAN FORK, UT | $2,079,000 |
| 2021-09 | United Midwest Savings Bank National Association | BJF*****Inc | Salt Lake City, UT | $1,330,000 |
| 2021-08 | UMB Bank, National Association | Tom*****nc. | WEST JORDAN, UT | $300,000 |
| 2021-08 | U.S. Bank, National Association | Sub*****nc. | SPANISH FORK, UT | $100,000 |
| 2021-07 | America First FCU | Dav*****Inc | WEST JORDAN, UT | $154,500 |
| 2021-03 | State Bank of Southern Utah | Cle*****LLC | Bountiful, UT | $25,000 |
| 2020-12 | Connecticut Community Bank, National Association | Cus*****LLC | lehi, UT | $1,038,300 |
| 2020-09 | United Midwest Savings Bank National Association | JRS*****ion | KAYSVILLE, UT | $2,400,000 |
| 2020-08 | America First FCU | Dav*****Inc | WEST JORDAN, UT | $337,600 |
| 2020-08 | UMB Bank, National Association | Tom*****nc. | West Jordan, UT | $403,000 |
| 2019-10 | BMO Bank National Association | Pes*****LLC | Orem, UT | $389,600 |
| 2019-10 | Zions Bank, A Division of | Blu*****nce | Provo, UT | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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