SBA 7(a) lenders in Beaver, UT
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
15 institutions have SBA 7(a) loans on record in Beaver, together $17.8M across 26 loans. Readycap Lending, LLC is the largest, with 24% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Readycap Lending, LLC | 1 | $4.4M | 24.4% | 0.00% |
| 2 | Utah Independent Bank | 1 | $3.0M | 16.7% | 0.00% |
| 3 | America First Federal Credit Union | 1 | $2.3M | 13.0% | 0.00% |
| 4 | Royal Business Bank | 1 | $2.2M | 12.3% | 0.00% |
| 5 | Mountain America FCU | 4 | $1.9M | 10.7% | 0.79% |
| 6 | Newtek Small Business Finance, Inc. | 1 | $1.4M | 7.6% | 0.00% |
| 7 | Live Oak Banking Company | 2 | $1.1M | 6.2% | 0.00% |
| 8 | Cache Valley Bank | 1 | $500K | 2.8% | 0.00% |
| 9 | Zions Bank, A Division of | 5 | $416K | 2.3% | 0.00% |
| 10 | State Bank of Southern Utah | 2 | $260K | 1.5% | 0.00% |
| 11 | Glacier Bank | 1 | $224K | 1.3% | 0.00% |
| 12 | Canyon View Federal Credit Union | 1 | $99K | 0.6% | 0.00% |
| 13 | Wells Fargo Bank National Association | 3 | $45K | 0.3% | 43.72% |
| 14 | JPMorgan Chase Bank, National Association | 1 | $40K | 0.2% | 0.00% |
| 15 | VelocitySBA, LLC | 1 | $20K | 0.1% | 94.63% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Construction | 2 | $5.7M | 32.0% |
| 2 | Accommodation & food services | 4 | $4.6M | 25.9% |
| 3 | Retail trade | 4 | $3.3M | 18.7% |
| 4 | Other services | 4 | $2.9M | 16.4% |
| 5 | Professional & technical services | 4 | $575K | 3.2% |
| 6 | Transportation & warehousing | 3 | $251K | 1.4% |
| 7 | Health care & social assistance | 1 | $224K | 1.3% |
| 8 | Finance & insurance | 2 | $150K | 0.8% |
| 9 | Agriculture, forestry & fishing | 2 | $25K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.