SBA Loans for Machine Shops in Utah: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
21
in Utah
Median Loan Size
$350,000
per approval
Recent Activity
3
last 90 days through Aug 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 21 approvals on record and a median loan size of $350,000.
Key trends & insights
- Machine Shops in Utah lending is concentrated — Zions Bank, A Division OF, Cache Valley Bank, Bank OF America, National Association together account for 52% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Zions Bank, A Division OF leads this industry with 4 approvals (19% market share) and a median loan of $212,000.
Most active SBA lenders for Machine Shops in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $212,000 | |
| 2 | 4 | $373,550 | |
| 3 | 3 | $432,000 | |
| 4 | 2 | $2,137,500 | |
| 5 | 2 | $1,452,250 | |
| 6 | 2 | $38,000 | |
| 7 | 1 | $300,000 | |
| 8 | 1 | $1,098,000 | |
| 9 | 1 | $1,017,700 | |
| 10 | 1 | $100,000 |
Recent SBA 7(a) approvals for Machine Shops in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Zions Bank, A Division of | Fra*****LLC | BLANDING, UT | $74,000 |
| 2025-08 | Zions Bank, A Division of | Fra*****LLC | BLANDING, UT | $25,000 |
| 2025-08 | Canyon View Federal Credit Union | Cow*****any | SALT LAKE CITY, UT | $100,000 |
| 2025-04 | BayFirst National Bank | GOL*****USA | AMERICAN FORK, UT | $150,000 |
| 2024-08 | Zions Bank, A Division of | MHL*****rp. | SALT LAKE CITY, UT | $150,000 |
| 2024-08 | Capital Community Bank | Fer*****nc. | Bluffdale, UT | $300,000 |
| 2024-07 | Capital Community Bank | Fer*****nc. | Bluffdale, UT | $1,650,000 |
| 2023-08 | Fortis Bank | New*****nc. | Cedar City, UT | $1,098,000 |
| 2022-11 | Live Oak Banking Company | Art*****LLC | SPRINGVILLE, UT | $675,000 |
| 2022-11 | Zions Bank, A Division of | Ski*****LLC | Salem, UT | $350,000 |
| 2022-11 | Zions Bank, A Division of | Ski*****LLC | SALEM, UT | $500,000 |
| 2022-08 | America First FCU | Imp*****LLC | Clearfield, UT | $30,000 |
| 2022-08 | Bank of America, National Association | SPR*****INC | WOODS CROSS, UT | $342,100 |
| 2022-05 | Mountain America FCU | MIL*****LLC | BLUFFDALE, UT | $30,000 |
| 2022-05 | Mountain America FCU | BIM****NC. | SALT LAKE CITY, UT | $2,874,500 |
| 2022-03 | Cache Valley Bank | ALP*****LLC | ST GEORGE, UT | $100,000 |
| 2022-01 | Cache Valley Bank | FAB*****LLC | MILLVILLE, UT | $130,000 |
| 2021-08 | T Bank, National Association | WES*****INC | CEDAR CITY, UT | $1,017,700 |
| 2021-08 | Bank of America, National Association | Spr*****nc. | Woods Cross, UT | $432,000 |
| 2021-07 | Cache Valley Bank | TRI*****LLC | LOGAN, UT | $617,100 |
| 2021-07 | Live Oak Banking Company | Cle*****LLC | WEST JORDAN, UT | $3,600,000 |
| 2021-06 | Bank of America, National Association | 155*****LLC | Woods Cross, UT | $680,000 |
| 2020-11 | Cache Valley Bank | 3rd*****Inc | LOGAN, UT | $1,000,000 |
| 2020-02 | America First FCU | S.A*****.C. | Brigham City, UT | $46,000 |
| 2020-02 | Mountain America FCU | Ant*****Inc | SALT LAKE CITY, UT | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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