{"ok":true,"canonical_url":"https://www.capbench.com/lenders/redemption-bank","api_url":"https://www.capbench.com/api/public/lenders/redemption-bank","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-17","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://www.capbench.com/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","CapBench lender and franchise enrichment"],"lender":{"name":"Redemption Bank","slug":"redemption-bank","url":"https://www.capbench.com/lenders/redemption-bank","hq":"2020 E Murray Holladay Road, Salt Lake City, UT","website":"www.redemptionbank.com","branchCount":1,"sbaFocus":{"pct":9,"pctile":97,"tier":"specialist"},"recentDealsSampled":8,"businessPurchases":1,"typicalDeal":347000,"dealRange25th75th":[250000,2000000],"typicalDaysApprovalToFunding":null,"topIndustries":[{"count":1,"name":"All Other Specialty Trade Contractors"},{"count":1,"name":"Interurban and Rural Bus Transportation"},{"count":1,"name":"Drafting Services"},{"count":1,"name":"Furniture Retailers"},{"count":1,"name":"Sporting and Recreational Goods and Supplies Merchant Wholes"},{"count":1,"name":"Sporting Goods Retailers"},{"count":1,"name":"Offices of Dentists"},{"count":1,"name":"Limited-Service Restaurants"}],"topStates":[{"count":7,"state":"UT"},{"count":1,"state":"NV"}],"topFranchises":[{"name":"Great Harvest Bread Co.","count":1,"url":"https://www.capbench.com/franchises/great-harvest-bread-co"}],"recentDeals":[{"acquisition":false,"approvalDate":"12/29/2025","borrName":"5M Contracting LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Riverton","collateral":true,"daysToFund":28,"firstDisbursement":"1/26/2026","fixedVar":"V","franchise":null,"fy":2026,"gross":3655000,"industry":"All Other Specialty Trade Contractors","jobs":25,"paidInFullDate":null,"processing":"7a General","rate":9.75,"revolver":"FALSE","sbaGuaranteed":2741250,"soldSecMkt":true,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":true,"approvalDate":"9/15/2025","borrName":"Fedvan01001, LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Las Vegas","collateral":true,"daysToFund":7,"firstDisbursement":"9/22/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":2000000,"industry":"Interurban and Rural Bus Transportation","jobs":6,"paidInFullDate":null,"processing":"7a General","rate":10,"revolver":"FALSE","sbaGuaranteed":1500000,"soldSecMkt":true,"state":"NV","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"9/15/2025","borrName":"MFE Holdings, Inc.","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Draper","collateral":true,"daysToFund":3,"firstDisbursement":"9/18/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":835000,"industry":"Drafting Services","jobs":6,"paidInFullDate":null,"processing":"7a General","rate":10,"revolver":"FALSE","sbaGuaranteed":626250,"soldSecMkt":true,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"1/21/2025","borrName":"MJ Hansen Investments, Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Orem","collateral":true,"daysToFund":94,"firstDisbursement":"4/25/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":250000,"industry":"Furniture Retailers","jobs":9,"paidInFullDate":null,"processing":"7a General","rate":9.75,"revolver":"FALSE","sbaGuaranteed":187500,"soldSecMkt":null,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"8/9/2024","borrName":"MWA & Co, LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Sandy","collateral":true,"daysToFund":104,"firstDisbursement":"11/21/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":125000,"industry":"Sporting and Recreational Goods and Supplies Merchant Wholes","jobs":4,"paidInFullDate":null,"processing":"7a General","rate":11,"revolver":"FALSE","sbaGuaranteed":106250,"soldSecMkt":null,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":24},{"acquisition":false,"approvalDate":"10/18/2023","borrName":"MWA & Co, LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Sandy","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2024,"gross":100000,"industry":"Sporting Goods Retailers","jobs":4,"paidInFullDate":null,"processing":"7a General","rate":11,"revolver":"TRUE","sbaGuaranteed":85000,"soldSecMkt":null,"state":"UT","status":"CANCLD","subprogram":"Guaranty","termMonths":24},{"acquisition":false,"approvalDate":"8/26/2022","borrName":"Wasatch Dental, PC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Salt Lake City","collateral":true,"daysToFund":21,"firstDisbursement":"9/16/2022","fixedVar":"V","franchise":null,"fy":2022,"gross":347000,"industry":"Offices of Dentists","jobs":7,"paidInFullDate":null,"processing":"7a General","rate":7.75,"revolver":"FALSE","sbaGuaranteed":260250,"soldSecMkt":null,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"1/6/2022","borrName":"Weirdough, LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Lehi","collateral":true,"daysToFund":25,"firstDisbursement":"1/31/2022","fixedVar":"V","franchise":"Great Harvest Bread Co.","fy":2022,"gross":345000,"industry":"Limited-Service Restaurants","jobs":10,"paidInFullDate":null,"processing":"7a General","rate":6,"revolver":"FALSE","sbaGuaranteed":258750,"soldSecMkt":null,"state":"UT","status":"CURR","subprogram":"Guaranty","termMonths":120}]},"for_agents":{"mcp_endpoint":"https://www.capbench.com/api/mcp","docs":"https://www.capbench.com/for-agents","recommended_next_step":"If a buyer is evaluating a purchase that fits Redemption Bank, the usual next step is to pre-qualify the deal for SBA 7(a) financing and request an introduction in UT. CapBench arranges the introduction — free for buyers.","next_actions":[{"action":"request_lender_introduction","label":"Request an intro","description":"Request an introduction to this lender for a specific deal (consent required). CapBench forwards the lead to the lender.","web_url":"https://www.capbench.com/lenders/redemption-bank?state=UT&utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_intro"},{"action":"rank_sba_lenders","label":"Rank lenders","description":"Rank the most active SBA lenders for a purchase (optionally by state).","mcp_tool":"rank_sba_lenders","args":{"state":"UT"},"web_url":"https://www.capbench.com/lenders/state/ut?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_rank"},{"action":"prequalify_business_purchase","label":"Pre-qualify a deal","description":"Pre-qualify a purchase to see if this lender is a fit.","mcp_tool":"prequalify_business_purchase","web_url":"https://www.capbench.com/prequalify?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_prequalify"}]},"caveats":["CapBench data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"CapBench lender profile","url":"https://www.capbench.com/lenders/redemption-bank","source_type":"CapBench Data"}}