SBA 7(a) lenders in Sanpete, UT
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
24 institutions have SBA 7(a) loans on record in Sanpete, together $41.1M across 227 loans. Zions Bank, A Division of is the largest, with 42% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division of | 155 | $17.1M | 41.6% | 2.09% |
| 2 | Mountain America FCU | 24 | $6.2M | 15.0% | 0.55% |
| 3 | Live Oak Banking Company | 3 | $4.9M | 11.9% | 0.00% |
| 4 | State Bank of Southern Utah | 6 | $2.8M | 6.8% | 0.00% |
| 5 | MidFirst Bank | 1 | $2.1M | 5.2% | 0.00% |
| 6 | First Utah Bank | 1 | $1.4M | 3.4% | 0.00% |
| 7 | Glacier Bank | 1 | $944K | 2.3% | 0.00% |
| 8 | Central Bank | 2 | $860K | 2.1% | 0.00% |
| 9 | Bank Five Nine | 1 | $765K | 1.9% | 0.00% |
| 10 | Celtic Bank Corporation | 3 | $549K | 1.3% | 0.00% |
| 11 | WebBank | 2 | $463K | 1.1% | 0.00% |
| 12 | Jordan Federal Credit Union | 7 | $366K | 0.9% | 0.00% |
| 13 | Titan Bank, National Association | 1 | $349K | 0.9% | 12.37% |
| 14 | America First Federal Credit Union | 1 | $314K | 0.8% | 0.00% |
| 15 | Wells Fargo Bank National Association | 3 | $295K | 0.7% | 0.00% |
| 16 | Cache Valley Bank | 3 | $276K | 0.7% | 0.00% |
| 17 | Five Star Bank | 1 | $260K | 0.6% | 0.00% |
| 18 | Banner Bank | 2 | $242K | 0.6% | 0.00% |
| 19 | JPMorgan Chase Bank, National Association | 3 | $223K | 0.5% | 0.00% |
| 20 | The Huntington National Bank | 1 | $220K | 0.5% | 0.00% |
| 21 | Community Banks of Colorado, A Division of NBH Bank | 2 | $205K | 0.5% | 0.00% |
| 22 | Northeast Bank | 1 | $111K | 0.3% | 97.59% |
| 23 | BayFirst National Bank | 1 | $100K | 0.2% | 79.83% |
| 24 | Beehive CU | 2 | $33K | 0.1% | 75.76% |
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 | Manufacturing | 4 | $6.9M | 16.7% |
| 2 | Agriculture, forestry & fishing | 9 | $4.9M | 12.0% |
| 3 | Health care & social assistance | 13 | $4.1M | 9.9% |
| 4 | Retail trade | 30 | $4.0M | 9.8% |
| 5 | Accommodation & food services | 20 | $3.2M | 7.8% |
| 6 | Manufacturing | 12 | $3.1M | 7.5% |
| 7 | Other services | 23 | $2.0M | 4.9% |
| 8 | Retail trade | 8 | $1.9M | 4.6% |
| 9 | Arts, entertainment & recreation | 7 | $1.9M | 4.6% |
| 10 | Professional & technical services | 10 | $1.9M | 4.5% |
| 11 | Wholesale trade | 13 | $1.8M | 4.4% |
| 12 | Construction | 24 | $1.2M | 2.9% |
| 13 | Management of companies | 2 | $907K | 2.2% |
| 14 | Transportation & warehousing | 19 | $882K | 2.1% |
| 15 | Administrative & waste services | 11 | $856K | 2.1% |
| 16 | Manufacturing | 9 | $454K | 1.1% |
| 17 | Finance & insurance | 2 | $374K | 0.9% |
| 18 | Information | 5 | $370K | 0.9% |
| 19 | Real estate & leasing | 2 | $272K | 0.7% |
| 20 | Mining & extraction | 3 | $190K | 0.5% |
| 21 | Utilities | 1 | $10K | 0.0% |
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.