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SBA Loans for Homes for the Elderly in Utah: Top Lenders

NAICS 623

NAICS 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

#LenderApprovalsMedian Size
1
Mountain America FCU
4$1,460,000
2
America First FCU
2$2,870,350
3
Canyon View Federal Credit Union
1$50,000
4
Centerstone SBA Lending, INC.
1$5,000,000

Recent SBA 7(a) approvals for Homes for the Elderly in Utah

MonthLenderBorrowerAmount
2025-09Bank Five NineGui*****nc.$1,314,000
2025-06Byline BankFis*****LLC$3,112,000
2025-01America First FCUBRI*****LLC$1,445,200
2025-01Canyon View Federal Credit UnionSUM*****LLC$50,000
2024-11Enterprise Bank & TrustBEE*****ELE$992,000
2024-10Northeast BankBee*****Inc$431,000
2024-08Mountain America FCULif*****LLC$2,870,000
2024-08Mountain America FCULif*****LLC$50,000
2024-06JPMorgan Chase Bank, National AssociationWAS*****LLC$500,000
2023-09America First FCU4 H*****nc.$4,439,900
2023-07First Savings BankDRB*****LLC$3,900,000
2023-06America First FCUHuf*****LLC$588,400
2023-03America First FCUHuf*****LLC$221,300
2022-06America First FCUVic*****LLC$740,700
2022-05America First FCUIba*****.C.$856,000
2022-03America First FCUTDV*****LLC$3,238,700
2021-09Mountain America FCUSTE*****LLC$633,800
2021-09Byline BankMal****LLC$2,183,000
2021-08Centerstone SBA Lending, Inc.Ris*****ery$5,000,000
2021-08Byline BankEVN****LLC$1,400,000
2021-07Mountain America FCUI L*****nc.$20,000
2021-07Mountain America FCUI L*****nc.$1,715,700
2021-07Mountain America FCUHom*****.C.$2,880,000
2021-07Mountain America FCUHer*****LLC$1,180,000
2021-06America First FCUNEV*****LLC$1,813,500
2021-06Mountain America FCUOrc*****LLC$50,000
2021-04America First FCUBEA*****LLC$5,000,000
2021-03First BankBee*****ovo$2,117,700
2021-03America First FCUHuf*****LLC$3,910,000
2021-03MISSINGMAINBANKIDAmp*****LLC$2,520,000
2020-12Mountain America FCUSTE*****LLC$1,927,000
2020-11Coastal States BankBig*****.C.$3,585,000
2020-08America First FCUGol*****LLC$1,170,500
2020-04Harvest Small Business Finance, LLCZen*****LLC$4,496,600
2020-03Mountain America FCUHer*****LLC$314,000
2020-02Mountain America FCUThe*****day$5,000,000

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

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