First Utah Bank
UT
SBA-approved lender offering 6 loan programs across 8 industries.
Key Metrics
Interest Rate
9.48%
2.73% over prime
Average Loan
$1.6M
Per approval
Total Approvals
33
FY 2025
Loan Programs (6)
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
Fixed Rates
Industries Served (8)
All Other Professional, Scientific, and Technical ServicesEngineering ServicesFull-Service RestaurantsInterior Design ServicesOther Foundation, Structure, and Building Exterior ContractorsOther Personal Care ServicesPhotography Studios, PortraitRV (Recreational Vehicle) Parks and Campgrounds
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.73%
- Effective Rate
- 9.48%
- Fiscal Year
- 2025
- States Served
- UT
- Website
- firstutahbank.com
Ready to apply with First Utah Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.