Milestone Bank
UT
SBA-approved lender offering 6 loan programs across 16 industries.
Key Metrics
Interest Rate
9.40%
2.65% over prime
Average Loan
$1.4M
Per approval
Total Approvals
54
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 (16)
Administrative Management and General Management Consulting ServicesAll Other Amusement and Recreation IndustriesAll Other Miscellaneous Fabricated Metal Product ManufacturingAll Other Support ServicesAmusement ArcadesBeauty SalonsChild Day Care ServicesDistilleriesElectrical ContractorsFull-Service RestaurantsGeneral Automotive RepairLessors of Miniwarehouses and Self-Storage UnitsLimited-Service RestaurantsPet Care (except Veterinary) ServicesPlumbing, Heating, and Air-Conditioning ContractorsSolid Waste Collection
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.65%
- Effective Rate
- 9.40%
- Fiscal Year
- 2025
- States Served
- UT
- Website
- www.milestonebank.com
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