SBA Loans for Jewelry Stores in Utah: Top Lenders
NAICS 448NAICS 448 covers jewelry stores businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Utah
Median Loan Size
$200,000
per approval
Recent Activity
0
last 90 days through Nov 2021
NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $200,000.
Key trends & insights
- Jewelry Stores in Utah lending is concentrated — Cache Valley Bank, Glacier Bank, U.s. 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 2 approvals (50% market share) and a median loan of $1,475,000.
- Jewelry Stores in Utah loans skew smaller than the SBA average at $200,000 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 2021-11-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Jewelry Stores in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,475,000 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $35,000 |
Recent SBA 7(a) approvals for Jewelry Stores in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-12 | Glacier Bank | HBM*****LLC | Orem, UT | $150,000 |
| 2021-12 | Glacier Bank | HBM*****LLC | Orem, UT | $450,000 |
| 2021-12 | Newtek Small Business Finance, Inc. | Adv*****LLC | CENTERVILLE, UT | $1,416,000 |
| 2021-11 | Glacier Bank | Hal*****LLC | Lindon, UT | $150,000 |
| 2021-09 | BayFirst National Bank | Min*****LLC | SALT LAKE CITY, UT | $145,000 |
| 2021-09 | Mountain America FCU | LOG*****LLC | CENTERVILLE, UT | $50,000 |
| 2021-09 | Live Oak Banking Company | Sum*****LLC | NORTH SALT LAKE, UT | $1,700,000 |
| 2021-08 | Cache Valley Bank | JHW*****NC. | OGDEN, UT | $2,700,000 |
| 2021-05 | Cache Valley Bank | AFF*****LLC | ST GEORGE, UT | $250,000 |
| 2021-05 | Central Bank | Ver*****.C. | SOUTH JORDAN, UT | $50,600 |
| 2021-02 | Central Bank | Lul*****LLC | AMERICAN FORK, UT | $165,000 |
| 2021-02 | Central Bank | Lul*****LLC | AMERICAN FORK, UT | $350,000 |
| 2020-07 | Central Bank | Ver*****.C. | SOUTH JORDAN, UT | $287,400 |
| 2020-02 | America First FCU | Pip*****LLC | NORTH SALT LAKE, UT | $73,700 |
| 2019-12 | U.S. Bank, National Association | BO***LLC | WEST JORDAN, UT | $35,000 |
| 2019-11 | MISSINGMAINBANKID | Cal*****LLC | PROVO, UT | $2,376,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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