Zions First National Bank once again ranks as the top lender of U.S. Small Business Administration loans in Utah.
The bank, a subsidiary of Salt Lake City-based Zions Bancorp, has ranked in the No. 1 spot for the past 19 years. It has been the top SBA lender in Idaho's Boise SBA district for the past 11 consecutive years.
Zions said that along with its affiliates it approved 437 SBA loans in Utah, totaling $44.1 million for the fiscal year ended Sept. 10. Those loans represented 40 percent of the 1,071 SBA-backed loans approved in the state during fiscal 2012.