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BMO Bank National Association Market Center SBA Loans in Utah: 3 Funded

Utah loan data 2020–2020 · Updated July 2026

BMO Bank National Association has funded 3 SBA loans to Market Center franchisees in Utah, totaling $3.4M in approved financing across 2 cities and 2 congressional districts.

The average Market Center loan in Utah from BMO Bank National Association is $1.1M at a 3.77% average interest rate, with terms averaging 295 months. The Utah default rate is 0% based on 1 resolved loans. Utah represents 100.0% of BMO Bank National Association's total Market Center lending nationally. SBA-guaranteed portion totals $2.5M (75% of approved volume).

Utah Loans
3
Utah Volume
$3.4M
Avg Loan Size
$1.1M
Default Rate (resolved-loan basis)
0%
Avg Interest Rate
3.77%
Avg Term
295 mo
Cities Funded
2
Total Jobs Supported
N/A
SBA Guarantee
75%
Total Guaranteed
$2.5M
Congressional Districts
2
Last Loan FY
2020

Is BMO Bank National Association a Fit for Your Market Center Deal in Utah?

What BMO Bank National Association's actual Utah track record says about how your Market Center deal is likely to be structured.

Typical Utah ticket
$1.1M average approval
It costs $182K to $337K to open one Market Center location.
Primary loan program
SBA 7(a) (acquisition, buildout, working capital)
Current appetite
Quiet: last approval FY2020
Track record vs its industry
0% default below the 18.83% real estate average

The $1.1M average BMO Bank National Association Market Center approval in Utah runs above the $182K to $337K cost to open one Market Center location, a signal of multiple location operators or real estate heavy projects. BMO Bank National Association shows no Market Center Utah approvals in the last 2 fiscal years, so confirm current appetite before you build a file around them. Their 0% Utah default rate on this brand sits below the 18.83% average for the real estate, an encouraging underwriting signal for a well qualified borrower.

Best move: line BMO Bank National Association up against the other Utah Market Center lenders below, then get matched with the one whose real approval pattern fits the size and structure of your deal.

What It Costs to Open and Finance a Market Center in Utah

The capital profile lenders underwrite against. Well capitalized operators who clear these thresholds move fastest through Utah SBA approval.

Total investment to open
$182K to $337K
Initial franchise fee
$35K
Royalty
6% of sales
Franchise term
5 years
System size
45 units
Franchised units
45

Investment, fee, and capital figures reflect the brand Franchise Disclosure Document (Item 7) and are startup cost ranges, not earnings claims. Confirm current figures in the active FDD.

Looking to fund a Market Center franchise in Utah?

BMO Bank National Association is one of 2+ lenders who have funded Market Center in Utah. We can help you compare options and connect with lenders experienced in this brand and state, referral fee at closing.

BMO Bank National Association Market Center Loan Performance in Utah

Based on 3 SBA loans originated by BMO Bank National Association for Market Center franchisees with Utah addresses, the Utah-specific lending relationship spans 2020–2020. Of 1 resolved Utah loans, 1 were paid in full and 0 resulted in chargeoffs.

The Utah loan size range extends from $959K to $1.2M, indicating BMO Bank National Association funds both smaller single-unit Market Center operations and larger multi-unit or renovation projects in Utah. Most Utah Market Center loans from BMO Bank National Association are classified under "Offices of Real Estate Agents and Brokers" (NAICS).

Recent activity: BMO Bank National Association has originated 0 Market Center Utah loans in the last 2 fiscal years and 3 since fiscal year 2020. The most recent Market Center Utah approval recorded is from FY2020. Note: lack of recent activity may indicate BMO Bank National Association has paused, slowed, or exited Market Center Utah lending. Borrowers should verify current appetite directly.

SBA guarantee profile: The SBA-guaranteed portion of BMO Bank National Association's Market Center Utah loans averages 75% of approved volume, totaling $2.5M in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.

The 0% Utah default rate is a strong indicator of loan quality. This suggestsBMO Bank National Association has effective underwriting standards for Market Center deals in Utah and/or Utah Market Center franchisees have strong unit economics that support debt service. For prospective Utah borrowers, this is an encouraging signal, BMO Bank National Associationunderstands the Market Center business model in this market and has a track record of successful outcomes here.

How Market Center Financing Behaves Across Its Industry

Market Center sits in the Offices of Real Estate Agents and Brokers category (Real Estate). Across the full SBA portfolio, loans in this category carry a 18.83% default rate, rising to 28.36% once you isolate fully matured loan cohorts. BMO Bank National Association's Market Center Utah book runs better than that category baseline at 0%.

Nationwide, 8,177 loans in this category were funded through SBA 7(a) and 1,414 through SBA 504, so the 7(a) program is the standard structure for Market Center style deals. The typical loan size in this category is $214K.

SBA Programs Used for Market Center Loans in Utah

ProgramLoansAvg SizeAvg RateAvg Term
SBA 7A3$1.1M3.77%295 mo

Market Center Loan Size Distribution from BMO Bank National Association in Utah

How BMO Bank National Association's Market Center Utah loan sizes break down by deal size. Useful for sizing your own deal: where do most Utah Market Center approvals land?

Loan Size RangeLoansAvg Loan Size% of Utah Loans
$750K-$1.5M3$1.1M100%

How BMO Bank National Association Originates Market Center Loans in Utah

SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. BMO Bank National Association uses 1 different Utah delivery methods for Market Center:

Delivery MethodLoansAvg Loan Size
Preferred Lenders Program3$1.1M

Where in Utah BMO Bank National Association Funds Market Center Locations

CityLoansAvg Loan SizeTotal VolumeDefault Rate
Saint George2$1.2M$2.4M0% – Low Risk
Layton1$959K$959KN/A

BMO Bank National Association's strongest Market Center lending presence in Utah is concentrated in Saint George (2 loans), Layton (1 loans).

BMO Bank National Association Market Center Lending in Utah Over Time

YearLoansAvg SizeTotal VolumeAvg Rate
20203$1.1M$3.4M3.77%

Other Lenders That Fund Market Center in Utah

BMO Bank National Association is not the only lender funding Market Center in Utah. Compare 1 other banks who have originated Market Center SBA loans to Utah borrowers.

LenderUtah LoansAvg SizeDefault Rate
BMO Bank National Association (this page)3$1.1M0% – Low Risk
Mountain West Small Business F2$2.5MN/A

Other Franchises BMO Bank National Association Funds in Utah

BMO Bank National Association is active in Utah franchise lending beyond Market Center. Other Utah franchise brands they have funded:

How to Get an SBA Loan for a Market Center Franchise in Utah

If you're considering a Market Center franchise in Utah and want to finance through BMO Bank National Association or another SBA lender, here's what you need to know based on our analysis of 3 historical Utah loans.

1

Verify Your Qualifications

Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Market Center's franchise fee and total investment determine minimum capital requirements.

2

Compare Utah Lenders

2 lenders have funded Market Center in Utah. Lenders with more local Market Center experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.

3

Get Pre-Qualified

PeerSense matches Utah borrowers with lenders who have a proven track record funding Market Center in your state. Our referral fee is paid at closing. Get matched in 24–48 hours.

Expected loan terms based on Utah historical data: The average Market Center SBA loan from BMO Bank National Association in Utah is $1.1M with a 3.77% interest rate and a 295-month term.Utah loan amounts range from $959K to $1.2M.

Ready to Fund Your Market Center Franchise in Utah?

We connect you with lenders who have already funded Market Center in Utah, so you can compare terms and close with confidence. Referral fee paid at closing.

(317) 452-6990