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Lender record

Redemption Bank

The real lending record — every figure from funded deals. HQ: 2020 E Murray Holladay Road, Salt Lake City, UT. 1 branch.

8

Recent deals (FY20+)

$347K

Typical deal

Approval → funding

Where Redemption Bank lends

Deals Redemption Bank funded — list all 8 as text

Deal profile

Most Redemption Bank deals land between $250K and $2.0M — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.All Other Specialty Trade Contractors (1)
  2. 2.Interurban and Rural Bus Transportation (1)
  3. 3.Drafting Services (1)
  4. 4.Furniture Retailers (1)
  5. 5.Sporting and Recreational Goods and Supplies Merchant Wholes (1)
  6. 6.Sporting Goods Retailers (1)
  7. 7.Offices of Dentists (1)
  8. 8.Limited-Service Restaurants (1)

Most active states

  1. 1.Utah (7 deals)
  2. 2.Nevada (1 deals)

Franchises they finance most

Can Redemption Bank fund you? The bank behind the loans

Total assets

$71.6M

0.8% vs prior quarter

Deposits on hand

$57.2M

0.7% vs prior quarter

Loans outstanding

$51.8M

0% vs prior quarter

Net income (latest qtr)

$-219K

  • SBA is this bank's core business — this year's SBA production alone equals ~9% of its entire loan book. Expect a dedicated SBA desk, packaging help, and underwriters who do this all day. That makes Redemption Bank more SBA-focused than 97% of the banks on our record.
  • Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
  • Return on assets of -1.22% — well under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a Redemption Bank branch (1)

Redemption BankMain office2020 E Murray Holladay RoadSalt Lake City, UT 84117 · since 1974

Branch data: FDIC BankFind.

Recent deals

  • 5M Contracting LLC in Riverton, UT$3.7M (2026) · All Other Specialty Trade Contractors
  • Fedvan01001, LLC in Las Vegas, NV$2.0M (2025) · purchase · Interurban and Rural Bus Transportation
  • MFE Holdings, Inc. in Draper, UT$835K (2025) · Drafting Services
  • MJ Hansen Investments, Inc. in Orem, UT$250K (2025) · Furniture Retailers
  • MWA & Co, LLC in Sandy, UT$125K (2024) · Sporting and Recreational Goods and Supplies Merchant Wholes
  • MWA & Co, LLC in Sandy, UT$100K (2024) · Sporting Goods Retailers
  • Wasatch Dental, PC in Salt Lake City, UT$347K (2022) · Offices of Dentists
  • Weirdough, LLC in Lehi, UT$345K (2022) · Limited-Service Restaurants

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses Redemption Bank financed

7 businesses on record. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Redemption Bank.

Agent summary

This page summarizes Redemption Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 8 SBA 7(a) loans on record
  • $347K typical deal
  • 1 business-acquisition loans
  • HQ: 2020 E Murray Holladay Road, Salt Lake City, UT
  • 1 FDIC branch location
  • FDIC total assets $71.6M
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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