SBA Loans for Motor Vehicle Towing in Utah: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
6
in Utah
Median Loan Size
$109,050
per approval
Recent Activity
0
last 90 days through May 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 6 approvals on record and a median loan size of $109,050.
Key trends & insights
- Motor Vehicle Towing in Utah lending is concentrated — Central Bank, Zions Bank, A Division OF, Wells Fargo Bank, National Association together account for 83% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Central Bank leads this industry with 2 approvals (33% market share) and a median loan of $109,050.
- Motor Vehicle Towing in Utah loans skew smaller than the SBA average at $109,050 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Motor Vehicle Towing in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $109,050 | |
| 2 | 2 | $490,150 | |
| 3 | 1 | $25,000 | |
| 4 | 1 | $250,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | Zions Bank, A Division of | Swe*****LLC | SAINT GEORGE, UT | $930,300 |
| 2024-08 | Central Bank | Ste*****.C. | LEHI, UT | $149,900 |
| 2024-05 | State Bank of Southern Utah | RBL*****LLC | Cedar City, UT | $788,100 |
| 2023-12 | Zions Bank, A Division of | BRY*****LLC | PANGUITCH, UT | $50,000 |
| 2023-09 | KeyBank National Association | Ada*****.C. | Tremonton, UT | $15,000 |
| 2023-09 | Cyprus Federal Credit Union | Ray*****LLC | WOODS CROSS, UT | $148,500 |
| 2023-04 | Wells Fargo Bank National Association | LPZ*****INC | OREM, UT | $25,000 |
| 2023-02 | State Bank of Southern Utah | The*****LLC | SAINT GEORGE, UT | $250,000 |
| 2022-03 | Celtic Bank Corporation | Cor*****nc. | Salt Lake City, UT | $677,000 |
| 2022-01 | Cyprus Federal Credit Union | Ter*****.C. | REDMOND, UT | $25,000 |
| 2021-07 | State Bank of Southern Utah | Iro*****LLC | CEDAR CITY, UT | $86,300 |
| 2021-04 | First Utah Bank | Mar*****nc. | Draper, UT | $1,230,800 |
| 2021-02 | Central Bank | Jdk*****ery | OREM, UT | $68,200 |
| 2020-11 | America First FCU | Lui*****ada | OGDEN, UT | $316,000 |
| 2020-10 | Citizens Bank | Eme*****LLC | North Salt Lake, UT | $932,000 |
| 2020-06 | BMO Bank National Association | Per*****LLC | Draper, UT | $350,000 |
| 2020-04 | U.S. Bank, National Association | Leg*****nc. | WOODS CROSS, UT | $480,000 |
| 2019-12 | Zions Bank, A Division of | All*****.C. | Salt Lake City, UT | $50,000 |
| 2019-11 | America First FCU | Pen*****LLC | WEST JORDAN, UT | $425,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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