First Utah Bank
19 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 19
- Total approved
- $50.0M
- Median loan
- $2.4M
- Middle half of loans
- $1.3M to $4.1M
- Median starting rate
- 9.25%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 15 industries and 7 states and territories. The largest industry by count was Hotels (except Casino Hotels) and Motels (2 of 19 approvals). Utah had the highest count among recorded project locations (13).
The median approved loan was $2.4M versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 2 | 11% | $4.6M | $9.2M |
| 2 | Child Care Services | 2 | 11% | $4.2M | $8.4M |
| 3 | Photography Studios, Portrait | 2 | 11% | $1.8M | $3.6M |
| 4 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | 11% | $1.7M | $3.5M |
| 5 | Other Technical and Trade Schools | 1 | 5% | $5.0M | $5.0M |
| 6 | Confectionery Merchant Wholesalers | 1 | 5% | $4.1M | $4.1M |
| 7 | New Multifamily Housing Construction (except For-Sale Builders) | 1 | 5% | $4.0M | $4.0M |
| 8 | Freight Transportation Arrangement | 1 | 5% | $3.9M | $3.9M |
| 9 | RV (Recreational Vehicle) Parks and Campgrounds | 1 | 5% | $2.4M | $2.4M |
| 10 | General Automotive Repair | 1 | 5% | $1.8M | $1.8M |
| 11 | Commercial and Institutional Building Construction | 1 | 5% | $1.6M | $1.6M |
| 12 | Fitness and Recreational Sports Centers | 1 | 5% | $912K | $912K |
| 13 | Commercial Screen Printing | 1 | 5% | $859K | $859K |
| 14 | Other Services Related to Advertising | 1 | 5% | $499K | $499K |
| 15 | Snack and Nonalcoholic Beverage Bars | 1 | 5% | $210K | $210K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Utah | 13 | 68% | $1.8M | $34.3M |
| 2 | Michigan | 1 | 5% | $5.0M | $5.0M |
| 3 | Georgia | 1 | 5% | $4.2M | $4.2M |
| 4 | Texas | 1 | 5% | $3.0M | $3.0M |
| 5 | Arizona | 1 | 5% | $2.4M | $2.4M |
| 6 | California | 1 | 5% | $564K | $564K |
| 7 | Kansas | 1 | 5% | $499K | $499K |