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Central Bank (UT)

7a General
Asset Base Working Capital Line (CAPLine)
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
# New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approval Count : 58
SBA Loans Total Approval Amount YTD: $25,113,000
Average SBA Loan Size: $432,983
Average SBA Loan Rate over Prime (this number plus current prime rate): 2.47
Central Bank (UT)

Unlock Your Financial Potential with Central Bank (UT)

Central Bank, headquartered in Provo, Utah, is one of the state’s longest-standing community banks, proudly serving Utah businesses since 1891. Known for its local decision-making and personalized service, Central Bank provides a full suite of business banking and SBA lending solutions designed to help entrepreneurs start, grow, and thrive.

Key Features of Central Bank

  • Comprehensive Business Banking: Business checking and savings accounts, treasury management, merchant services, and online tools tailored to simplify your company’s finances.
  • SBA Loan Expertise: Central Bank participates in the U.S. Small Business Administration’s programs, including SBA 7(a) and 504 loans. Its experienced commercial lenders help entrepreneurs navigate the SBA process and secure affordable, government-backed financing for working capital, equipment, and real estate purchases.
  • Flexible Commercial Lending: In addition to SBA loans, Central Bank offers term loans, lines of credit, commercial mortgages, and construction loans with local underwriting and fast approvals.
  • User-Friendly Digital Banking: Robust online and mobile platforms provide 24/7 account management, payments, and access to business financial tools.
  • Commitment to Utah Communities: As a locally owned and operated bank, Central Bank actively reinvests in Utah’s economy, supports community development, and provides one-on-one financial guidance for business owners.

Why Choose Central Bank for SBA Loans?

Central Bank combines over a century of community banking experience with the expertise to deliver SBA-backed financing efficiently. Its business bankers understand the needs of Utah’s entrepreneurs and provide personalized guidance, competitive terms, and quick decision-making to help businesses reach their goals. Whether you’re launching a new venture or expanding operations, Central Bank is a trusted partner in your financial success.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Central Bank Business Banking page to explore current offerings, review eligibility, and connect with a local SBA specialist who can guide you through the process.

Empower your financial future today with Central Bank — where Utah businesses come to grow.

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SBA Loans Total Approval Amount YTD: $16,061,000
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