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SBA lenders in Draper, UT

SBA 7(a) and 504 loans to businesses in Draper (Salt Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
138
SBA loans approved
$123.7M
Total approved
$362,500
Median loan
43
Lenders active
38%
To startups

138 SBA loans worth $123.7M went to businesses in Draper, UT between October 2021 and June 2026, from 43 lenders. Mountain West Small Business Finance made the most, 22 loans. The median loan was $362,500, compared with $267,150 across Utah, and construction was the most financed industry.

Most active SBA lenders in Draper

#LenderLoansApprovedMedian loanTo startups
1Mountain West Small Business Finance
Certified development company · Salt Lake City, UT
22$38.3M$1,322,50027%
2Mountain America FCU
Credit union · Sandy, UT
12$3.9M$237,70042%
3Huntington National Bank
Bank · Columbus, OH
9$4.1M$281,50056%
4Zions Bank, A Division of
Bank · Salt Lake City, UT
9$2.4M$150,00022%
5Intermountain Business Lending
Certified development company · Ogden, UT
7$10.5M$1,015,0000%
6First Utah Bank
Bank · Salt Lake City, UT
7$9.1M$150,00029%
7Central Bank
Bank · Provo, UT
7$4.0M$200,00086%
8Community Banks of Colorado, A Division of NBH Bank
Bank · Greenwood Village, CO
6$5.4M$349,00050%
9Newtek Bank
Bank · Miami, FL
5$5.5M$500,00040%
10JPMorgan Chase Bank
Bank · Columbus, OH
5$1.6M$200,00020%
11KeyBank
Bank · Cleveland, OH
5$1.5M$25,000100%
12United Midwest Savings Bank
Bank · Degraff, OH
3$450K$150,000100%
13Cyprus Federal Credit Union
Credit union · West Jordan, UT
3$130K$50,000100%
14U.S. Bank
Bank · Cincinnati, OH
3$75K$25,0000%
15Bank of Utah
Bank · Ogden, UT
2$5.5M$2,759,0500%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Draper. For 504 loans the lender shown is the certified development company.

What gets financed in Draper

IndustryLoansShareMedian loanMost active lender
Construction20
14%
$280,250Community Banks of Colorado, A Division of NBH Bank
Health care and social assistance19
14%
$604,000Mountain America FCU
Professional and technical services17
12%
$280,000Mountain West Small Business Finance
Other services (repair, personal care)16
12%
$418,850Mountain America FCU
Retail14
10%
$767,000Mountain West Small Business Finance
Manufacturing14
10%
$265,750Central Bank
Restaurants and hotels10
7%
$427,000First Utah Bank
Administrative and support services8
6%
$150,000United Midwest Savings Bank
Loan size mix
  • Under $150,00025%
  • $150,000 to $500,00030%
  • $500,000 to $2 million30%
  • $2 million and up15%
Compared with Utah
Median loan, Draper
$362,500
Median loan, Utah
$267,150
Startup share, Draper
38%
Startup share, Utah
33%
Share of state's SBA loans
2.3%

SBA loans per fiscal year in Draper

0132740FY14: 25 loansFY14FY15: 39 loansFY1539FY16: 39 loansFY16FY17: 35 loansFY17FY18: 29 loansFY18FY19: 24 loansFY19FY20: 23 loansFY20FY21: 35 loansFY21FY22: 17 loansFY22FY23: 25 loansFY23FY24: 39 loansFY24FY25: 33 loansFY25FY26 (Oct to Jun): 24 loansFY2624
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.