Southern Utah as holder

State Bank of Southern Utah holds 301 loans for FY2017 to FY2026. At Southern Utah, the gross dollars approved are $66.4 million. Not one of the 301 at Southern Utah is an SBA 504 loan; all 301 are SBA 7(a). Southern Utah: state of record Utah. Southern Utah is shown as holder of 301 loans at last record, or now. At Southern Utah, SBA stands behind the 301. A loan Southern Utah passed on no longer shows under Southern Utah.

Southern Utah: named classes

251 of the 301 loans at Southern Utah are unplaced. That limits Southern Utah's class view. Southern Utah: full-service restaurant first, at 8, next coffee shop and snack bar at 7; hotel and motel at 5. Further at Southern Utah: automotive mechanical repair at 5. With 251 unplaced loans in front, Southern Utah offers class evidence for part of 301.

Southern Utah: states

The state table for Southern Utah lists Utah alone, at 293 loans. A project in Utah meets a Southern Utah book. For a project elsewhere, Southern Utah gives no state count.

Southern Utah: the floors

Southern Utah's FY2017 to FY2024 approvals: 3.4% or more cancelled, a floor among 301. Our own rule withholds the Southern Utah charge-off rate. Southern Utah's cohorts are too small. Southern Utah ceiling: 3.4%, counting undisbursed loans as cancelled. Southern Utah: floor and ceiling meet.

Southern Utah: how to read it

The Southern Utah record gives a book's shape. 301 loans mark where Southern Utah holds SBA loans. 3.4% cancelled marks where Southern Utah approvals fell away, a floor for 301. Neither figure decides a Southern Utah request. A Southern Utah request has own demand and cost. The Southern Utah study should say which of the 301 loans resemble the project. For Southern Utah, it should name differences. 301 loans, read plainly, give Southern Utah a fair view. A floor of 3.4% is history for Southern Utah, not a forecast.

Southern Utah: study to bring

A borrower weighing Southern Utah should treat 301 loans as context, not a promise from Southern Utah. In full-service restaurant, Southern Utah shows 8 loans as a reference point. Southern Utah: the study tests sales per seat. Southern Utah needs labour cost tested too. Show Southern Utah coverage in a slow year too. Southern Utah needs an appraisal that supports it. Southern Utah offers just 251 unplaced loans for an unnamed type. Southern Utah's study makes the case. Southern Utah holds 293 loans in Utah. Elsewhere, Southern Utah holdings need a reason. Cancelled at Southern Utah: a floor of 3.4%. Approval is not funding. A Southern Utah study should hold up under delay.

SBA loans held by State Bank of Southern Utah

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	301
Gross dollars approved	$66.4 million
SBA 7(a) loans	301
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	3.4%
The same, counting loans still undisbursed as cancelled (a ceiling)	3.4%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

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.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	251
Full-service restaurant	8
Coffee shop and snack bar	7
Hotel and motel	5
Automotive mechanical repair (car and truck)	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
Utah	293

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-17964.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by State Bank of Southern Utah or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

State Bank of Southern Utah: SBA Lending Record