Local lending data
Who lends to businesses in Washington County?
306 SBA 7(a) loans went to businesses in Washington County recently, at a median of $150,000. The lenders that made them, ranked, with local rates and startup share.
306 SBA 7(a) loans went to businesses in Washington County in the most recent fiscal years, at a median of $150,000. The most active lender was Zions Bank, with 65 loans.
SBA lending in Washington County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Washington County | Utah | National |
|---|---|---|---|
| Loans approved | 306 | 3,703 | 214,102 |
| Median loan | $150,000 | $171,900 | $150,000 |
| 25th - 75th percentile | $50,000 - $468,875 | $56,000 - $500,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.00% | 10.00% | 10.25% |
| Share to startups | 37.9% | 37.3% | 33.6% |
| Charge-off rate, FY2010-19 | 5.3% | 5.5% | 7.1% |
| Jobs supported | 2,933 | 42,302 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Washington County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Zions Bank | 65 | $100,000 | 32% | 10.00% |
| State Bank of Southern Utah | 43 | $150,000 | 44% | 8.95% |
| Mountain America FCU | 42 | $50,000 | 24% | 12.75% |
| Capital Community Bank | 16 | $384,000 | 25% | 10.00% |
| Cache Valley Bank | 15 | $90,000 | 47% | 9.25% |
| The Huntington National Bank | 15 | $240,000 | 67% | 10.25% |
| U.S. Bank | 12 | $46,500 | 25% | 10.24% |
| Wells Fargo Bank | 10 | $20,000 | 100% | 12.75% |
| Community Banks of Colorado | 8 | $468,300 | 25% | 9.00% |
| America First Federal Credit Union | 7 | $1,468,300 | 29% | 7.75% |
What stands out here
Reading these figures against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 38% against 34% nationally.
- No single lender dominates, but the top three made 49% of these loans, so the shortlist below covers most of the active market.
Who borrows in Washington County
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 48 | 15.7% |
| Restaurants and Hotels | 35 | 11.4% |
| Healthcare | 33 | 10.8% |
| Retail | 32 | 10.5% |
| Personal Services | 29 | 9.5% |
| Professional Services | 27 | 8.8% |
| Manufacturing | 22 | 7.2% |
| Wholesale | 16 | 5.2% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Utah.
Other counties in Utah
- Nearby markets with published data: Salt Lake County, Utah County, Davis County, Weber County, Cache County