SBA Loans for Jewelry Stores in Utah: Top Lenders

NAICS 448

NAICS 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

#LenderApprovalsMedian Size
12$1,475,000
21$150,000
31$35,000

Recent SBA 7(a) approvals for Jewelry Stores in Utah

MonthLenderBorrowerAmount
2021-11Glacier BankHal*****LLC$150,000
2021-08Cache Valley BankJHW*****NC.$2,700,000
2021-05Cache Valley BankAFF*****LLC$250,000
2019-12U.S. Bank, National AssociationBO***LLC$35,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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