SBA Loans for Sewing in Utah: Top Lenders

NAICS 451

NAICS 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

#LenderApprovalsMedian Size
11$50,000
21$311,000
31$50,000

Recent SBA 7(a) approvals for Sewing in Utah

MonthLenderBorrowerAmount
2021-12Cache Valley BankVAN*****LLC$50,000
2020-11KeyBank National Association9th*****LLC$50,000
2020-02Citizens BankLon*****.C.$311,000

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

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