SBA Loans for Homes for the Elderly in Utah: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Utah. Based on historical SBA 7(a) lending data.
Total Approvals
8
in Utah
Median Loan Size
$1,805,350
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $1,805,350.
Key trends & insights
- Homes for the Elderly in Utah lending is concentrated — Mountain America FCU, America First FCU, Canyon View Federal Credit Union together account for 88% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Mountain America FCU leads this industry with 4 approvals (50% market share) and a median loan of $1,460,000.
- Homes for the Elderly in Utah loans run larger than the SBA average — a $1,805,350 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2025-01-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Homes for the Elderly in Utah
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $1,460,000 | |
| 2 | 2 | $2,870,350 | |
| 3 | 1 | $50,000 | |
| 4 | 1 | $5,000,000 |
Recent SBA 7(a) approvals for Homes for the Elderly in Utah
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-01 | Canyon View Federal Credit Union | SUM*****LLC | Orem, UT | $50,000 |
| 2024-08 | Mountain America FCU | Lif*****LLC | TAYLORSVILLE, UT | $2,870,000 |
| 2024-08 | Mountain America FCU | Lif*****LLC | TAYLORSVILLE, UT | $50,000 |
| 2022-06 | America First FCU | Vic*****LLC | Layton, UT | $740,700 |
| 2021-08 | Centerstone SBA Lending, Inc. | Ris*****ery | WELLSVILLE, UT | $5,000,000 |
| 2021-06 | Mountain America FCU | Orc*****LLC | PAYSON, UT | $50,000 |
| 2021-04 | America First FCU | BEA*****LLC | DRAPER, UT | $5,000,000 |
| 2020-02 | Mountain America FCU | The*****day | SALT LAKE CITY, UT | $5,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet