SBA Loans for Insurance Agencies and Brokerages in Utah: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
12
in Utah
Median Loan Size
$190,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 12 approvals on record and a median loan size of $190,000.
Key trends & insights
- Insurance Agencies and Brokerages in Utah lending is concentrated — Zions Bank, A Division OF, Bankwell Bank, America First FCU together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Zions Bank, A Division OF leads this industry with 2 approvals (17% market share) and a median loan of $111,450.
- Insurance Agencies and Brokerages in Utah loans skew smaller than the SBA average at $190,000 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 Insurance Agencies and Brokerages in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $111,450 | |
| 2 | 2 | $944,500 | |
| 3 | 2 | $192,050 | |
| 4 | 1 | $230,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $300,000 | |
| 8 | 1 | $90,000 | |
| 9 | 1 | $382,500 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-03 | Zions Bank, A Division of | Lea*****nc. | PROVO, UT | $75,000 |
| 2025-03 | Bankwell Bank | Eas*****LLC | LAYTON, UT | $250,000 |
| 2025-02 | JPMorgan Chase Bank, National Association | NOV*****LLC | MIDVALE, UT | $230,000 |
| 2025-02 | Newtek Bank, National Association | Dar*****nc. | South Salt Lake, UT | $70,000 |
| 2025-01 | Celtic Bank Corporation | CUI*****LLC | MIDVALE, UT | $100,000 |
| 2024-12 | Mountain America FCU | Jor*****Inc | SANDY, UT | $382,500 |
| 2024-03 | Montana Community Development Corp. | Dav*****nc. | SALT LAKE CITY, UT | $150,000 |
| 2023-11 | Zions Bank, A Division of | Eri*****nc. | Clinton, UT | $147,900 |
| 2023-08 | America First FCU | Dav*****Inc | WEST JORDAN, UT | $46,500 |
| 2022-03 | Connecticut Community Bank, National Association | Cus*****LLC | LEHI, UT | $90,000 |
| 2022-03 | Bankwell Bank | Eas*****ent | WEST HAVEN, UT | $1,639,000 |
| 2021-08 | UMB Bank, National Association | Tom*****nc. | WEST JORDAN, UT | $300,000 |
| 2020-08 | America First FCU | Dav*****Inc | WEST JORDAN, UT | $337,600 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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