Size, rank and loan sizes of Utah gas station loans under SBA 504

SBA's files show 29 approvals under 504 for gas station projects in Utah between FY2017 and FY2026, worth $25.9 million. By count, Utah ranks 9 among the states for SBA 504 gas station lending, and at home gas station takes spot 10 of 39. Centre size: $748,000. Against the national median for SBA 504 gas station loans elsewhere, Utah comes in at 0.87x, a more modest ticket size. From $483,000 up to $1.1 million sits half of the loans across Utah. 55.2% of these Utah loans went to franchised businesses. At $748,000, the Utah median is not flagged against Utah's all-asset totals, and no other gas station metric among 29 loans is flagged against either comparison; for Utah, read the named institutions and the local spread instead.

The institutions and places behind Utah's gas station loans

The certified development companies with the most Utah gas station loans are Mountain West Small Business Finance at $19.6 million across 22 loans and Intermountain Business Lending, Inc. at $6.0 million across 6 loans. The Utah gas station ranking follows whoever holds each Utah loan today. Within Utah, the counties with the most loans are Salt Lake with 6, Weber with 4, Uintah with 2 and Box Elder with 1. Timing tells a simple story for gas station in Utah: approvals peaked at 5 loans, worth $4.8 million, in FY2026; this series began alongside 4 loans in FY2017.

Utah: floors for cancellation and loss, with one gas station coding caveat

Cancellation after approval is not printed for Utah gas station, since the Utah cohort holds too few gas station loans for a rate; Loan Analytics withholds that figure for Utah, and it is not a zero. Charge-offs get no printed rate for Utah gas station: that funded Utah cohort is too thin, so Loan Analytics withholds the Utah figure, and it does not mean zero. Every Utah gas station rate above is a minimum, because undisbursed gas station loans may yet fail. One coding limit applies Utah gas station figures: In the Utah loan data, a truck stop appears the same as any other fuel seller, because SBA's coding follows the borrower's industry; EV charging has no entry of its own.

Issues a gas station (SBA 504) study in Utah must pass

A Utah gas station deal under 504 places two institutions behind this project, a certified development company alongside a bank lender, so the gas station study is judged by total payments together with the sponsor's contribution in Utah. Traffic on the Utah road decides much: volumes, access, nearby stations and convenience offer all get a test. Environmental risk belongs inside the Utah budget test, plus tank and forecourt costs. Test the Utah gas station numbers at the $748,000 median plus at $1.1 million: coverage which survives only in a best case is not enough. The study should test revenue against a weaker gallon spread. A borrower that approaches Mountain West Small Business Finance can treat its 22 loans in this state as context alone, since the agency's totals describe loans and never any terms.

Treat the Utah gas station history above, 29 loans, as backdrop only. A gas station study by Loan Analytics for Utah, carrying the signature of Daniel Smith, MAI, handles the site-specific Utah testing, and nothing here assures Utah approval of a gas station loan.

SBA 504 gas station and truck stop loans in Utah

Loans approved, FY2017 to FY2026	29
Gross dollars approved	$25.9 million
Median loan	$748,000
Middle half of loans, from	$483,000
Middle half of loans, to	$1.1 million
Franchise share of loans	55.2%
Rank among states for SBA 504 gas station and truck stop loans, by number of loans	9
Rank of gas station and truck stop among classes in Utah	10 of 39
Median loan against the national SBA 504 median for the class	0.87x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	not reported: fewer than 30 loans in the cohort

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA 504 gas station and truck stop loans approved in Utah, by fiscal year

Fiscal year	Loans	Dollars
FY2017	4	$2.1 million
FY2018	1	$594,000
FY2019	4	$3.7 million
FY2020	3	$4.1 million
FY2021	1	$507,000
FY2022	0	$0
FY2023	4	$3.5 million
FY2024	4	$3.5 million
FY2025	3	$3.1 million
FY2026	5	$4.8 million

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Mountain West Small Business Finance	22	$19.6 million
Intermountain Business Lending, Inc.	6	$6.0 million

Where the loans are, by county

County	Loans
UTAH	8
SALT LAKE	6
WEBER	4
UINTAH	2
BOX ELDER	1
CARBON	1
EMERY	1
GRAND	1
IRON	1
RICH	1

The code is the borrower's industry. Truck stop or travel center cannot be split out. EV charging has no entry in the 2022 NAICS index. Shared code: Truck stops and travel centers sit inside 457120 with gas stations that have no convenience store.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics loan-outcome cell SAP-UT-C01-504.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a gas station and truck stop project in Utah, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

SBA 504 Gas Station Feasibility Study in Utah