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First Utah Bank (UT)

First Utah Bank (UT)

First Utah Bank is a true community bank, wholly-owned and operated by people who live and work right here in Utah. Get to know us, and see how we’re redefining possible, one relationship at a time.

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
# Startup
# Variable Rates
SBA Loan Approval Count : 27
SBA Loans Total Approval Amount YTD: $45,639,500
Average SBA Loan Size: $1,690,352
Average SBA Loan Rate over Prime (this number plus current prime rate): 2.73
First Utah Bank (UT)

Unlock Your Financial Potential with First Utah Bank (UT)

First Utah Bank, headquartered in Salt Lake City, Utah, is an independently owned community bank that has been serving Utah’s businesses for over 50 years. With a strong commitment to small business growth and local economic development, the bank offers flexible SBA lending solutions designed to help entrepreneurs access affordable financing for expansion, investment, and long-term success.

Key Features of First Utah Bank

  • Comprehensive Business Banking: Business checking and savings accounts, merchant services, treasury management, and secure online banking tools to simplify your financial operations.
  • SBA Loan Expertise: First Utah Bank participates in the SBA 7(a) and 504 programs, offering government-backed financing for working capital, commercial real estate, equipment purchases, or business acquisitions.
  • Local Decision-Making: As a community bank, lending decisions are made locally — allowing for faster turnaround times and customized loan solutions.
  • Flexible Commercial Financing: In addition to SBA loans, the bank provides term loans, lines of credit, and commercial real estate financing tailored to the needs of Utah businesses.
  • Commitment to Community and Growth: Deeply rooted in Utah, First Utah Bank supports local economic vitality through small business partnerships, responsible lending, and community reinvestment.

Why Choose First Utah Bank for SBA Loans?

First Utah Bank combines local service with national SBA program access. Its experienced lending team helps entrepreneurs navigate the loan process efficiently — from initial consultation to funding. The bank’s focus on relationships, transparency, and quick decision-making makes it a trusted SBA partner for small business owners across Utah. Whether you’re expanding your company, purchasing a facility, or launching a new venture, First Utah Bank delivers the financial expertise and partnership to help you succeed.

How to Get Started

Ready to grow your business with an SBA loan or other financing solution? Visit the First Utah Bank Business Banking page to explore available SBA programs, review eligibility, and connect with a local lending expert.

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

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SBA Loan Approval Count : 20
SBA Loans Total Approval Amount YTD: $2,057,500
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Average SBA Loan Rate over Prime (this number plus current prime rate): 2.95
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SBA Loan Approval Count : 72
SBA Loans Total Approval Amount YTD: $25,639,000
Average SBA Loan Size: $356,097
Average SBA Loan Rate over Prime (this number plus current prime rate): 1.975
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SBA Loan Approval Count : 18
SBA Loans Total Approval Amount YTD: $16,061,000
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