SBA Loans for Sewing in Utah: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Utah
Median Loan Size
$50,000
per approval
Recent Activity
0
last 90 days through Dec 2021
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $50,000.
Key trends & insights
- Sewing in Utah lending is concentrated — Cache Valley Bank, Citizens Bank, Keybank, 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 1 approvals (33% market share) and a median loan of $50,000.
- Sewing in Utah loans skew smaller than the SBA average at $50,000 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 2021-12-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $50,000 | |
| 2 | 1 | $311,000 | |
| 3 | 1 | $50,000 |
Recent SBA 7(a) approvals for Sewing in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-06 | U.S. Bank, National Association | Uta*****.C. | SANDY, UT | $350,000 |
| 2022-02 | Central Bank | Rid*****LLC | PAYSON, UT | $195,800 |
| 2022-02 | State Bank of Southern Utah | Ced*****L C | CEDAR CITY, UT | $200,000 |
| 2021-12 | Cache Valley Bank | VAN*****LLC | LOGAN, UT | $50,000 |
| 2021-09 | Celtic Bank Corporation | Sco*****.C. | BOUNTIFUL, UT | $1,000,000 |
| 2021-08 | Cache Valley Bank | UPS*****LLC | LOGAN, UT | $1,000,000 |
| 2021-04 | U.S. Bank, National Association | Nel*****LLC | MIDVALE, UT | $1,066,500 |
| 2021-03 | Central Bank | Boo*****LLC | SPANISH FORK, UT | $1,393,600 |
| 2021-03 | 22nd State Bank, A Division of 22nd State Banking Company | Slo*****LLC | FARMINGTON, UT | $991,000 |
| 2020-11 | KeyBank National Association | 9th*****LLC | Salt Lake City, UT | $50,000 |
| 2020-09 | U.S. Bank, National Association | LIB*****LLC | BRIGHAM CITY, UT | $10,000 |
| 2020-09 | U.S. Bank, National Association | FAM*****LLC | CEDAR CITY, UT | $40,000 |
| 2020-03 | Celtic Bank Corporation | L9 *****LLC | WOODS CROSS, UT | $3,500,000 |
| 2020-02 | Citizens Bank | Lon*****.C. | SALT LAKE CITY, UT | $311,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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