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
- 5M Contracting LLC — Riverton · $3.7M · FY2026 · All Other Specialty Trade Contractors
- Fedvan01001, LLC — Las Vegas · $2.0M · FY2025 · Interurban and Rural Bus Transportation
- MFE Holdings, Inc. — Draper · $835K · FY2025 · Drafting Services
- MJ Hansen Investments, Inc. — Orem · $250K · FY2025 · Furniture Retailers
- MWA & Co, LLC — Sandy · $125K · FY2024 · Sporting and Recreational Goods and Supplies Merchant Wholes
- MWA & Co, LLC — Sandy · $100K · FY2024 · Sporting Goods Retailers
- Wasatch Dental, PC — Salt Lake City · $347K · FY2022 · Offices of Dentists
- Weirdough, LLC — Lehi · $345K · FY2022 · Limited-Service Restaurants
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.All Other Specialty Trade Contractors (1)
- 2.Interurban and Rural Bus Transportation (1)
- 3.Drafting Services (1)
- 4.Furniture Retailers (1)
- 5.Sporting and Recreational Goods and Supplies Merchant Wholes (1)
- 6.Sporting Goods Retailers (1)
- 7.Offices of Dentists (1)
- 8.Limited-Service Restaurants (1)
Most active states
- 1.Utah (7 deals)
- 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
- Program
- 7a General
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.7M (75%)
- Approval → funding
- 28 days
- Approved
- 12/29/2025
- First disbursed
- 1/26/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 25
- Business age
- Existing or more than 2 years old
- Industry
- All Other Specialty Trade Contractors
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- Fedvan01001, LLC in Las Vegas, NV — $2.0M (2025) · purchase · Interurban and Rural Bus Transportation
- Program
- 7a General
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 7 days
- Approved
- 9/15/2025
- First disbursed
- 9/22/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Interurban and Rural Bus Transportation
If you were the buyer here
- Est. deal size
- $2.2M
- Est. down payment (10%)
- $222K
- Est. cash at closing
- $306K
- Monthly payment
- $26,430
- Annual debt service
- $317K
- Cash flow needed (1.25×)
- $396K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
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- MFE Holdings, Inc. in Draper, UT — $835K (2025) · Drafting Services
- Program
- 7a General
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $626K (75%)
- Approval → funding
- 3 days
- Approved
- 9/15/2025
- First disbursed
- 9/18/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Drafting Services
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- MJ Hansen Investments, Inc. in Orem, UT — $250K (2025) · Furniture Retailers
- Program
- 7a General
- Rate at approval
- 9.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approval → funding
- 94 days
- Approved
- 1/21/2025
- First disbursed
- 4/25/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Existing or more than 2 years old
- Industry
- Furniture Retailers
Your business? Claim this record · Request removal
- MWA & Co, LLC in Sandy, UT — $125K (2024) · Sporting and Recreational Goods and Supplies Merchant Wholes
- Program
- 7a General
- Rate at approval
- 11% variable
- Term
- 24 mo (2 yrs)
- SBA guaranteed
- $106K (85%)
- Approval → funding
- 104 days
- Approved
- 8/9/2024
- First disbursed
- 11/21/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Existing or more than 2 years old
- Industry
- Sporting and Recreational Goods and Supplies Merchant Wholes
Your business? Claim this record · Request removal
- MWA & Co, LLC in Sandy, UT — $100K (2024) · Sporting Goods Retailers
- Program
- 7a General
- Rate at approval
- 11% variable
- Term
- 24 mo (2 yrs)
- SBA guaranteed
- $85K (85%)
- Approved
- 10/18/2023
- Loan status
- Cancelled
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- New Business or 2 years or less
- Industry
- Sporting Goods Retailers
Your business? Claim this record · Request removal
- Wasatch Dental, PC in Salt Lake City, UT — $347K (2022) · Offices of Dentists
- Program
- 7a General
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $260K (75%)
- Approval → funding
- 21 days
- Approved
- 8/26/2022
- First disbursed
- 9/16/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- Offices of Dentists
Your business? Claim this record · Request removal
- Weirdough, LLC in Lehi, UT — $345K (2022) · Limited-Service Restaurants
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $259K (75%)
- Approval → funding
- 25 days
- Approved
- 1/6/2022
- First disbursed
- 1/31/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Franchise
- Great Harvest Bread Co.
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Your business? Claim this record · Request removal
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.
- 5M Contracting LLCRiverton, UT · 1 loan$3.7M
- Fedvan01001, LLCLas Vegas, NV · 1 loan$2.0M
- MFE Holdings, Inc.Draper, UT · 1 loan$835K
- Wasatch Dental, PCSalt Lake City, UT · 1 loan$347K
- Weirdough, LLCLehi, UT · 1 loan$345K
- MJ Hansen Investments, Inc.Orem, UT · 1 loan$250K
- MWA & Co, LLCSandy, UT · 2 loans$225K
Work at Redemption Bank?
Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.
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.
- Methodology:
- Sources & methodology
- 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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