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County25th of 60 in Colorado by approvalsFIPS 08007
SBA loans in Archuleta County, Colorado
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 31 loans to businesses in Archuleta County, Colorado, in FY2021 to FY2025, worth $15.2M: 29 under 7(a) and 2 under 504.
That is 53.8 approvals per 1,000 business establishments (576 establishments in 2023), close to the Colorado figure of 49.6 and above the national 41.0.
It ranks 25th of 60 Colorado counties with approvals. In FY2025 there were 4.
12 lenders had approvals here; the most active were First Southwest Bank (13), The Huntington National Bank (6) and First Internet Bank of Indiana (2). The most common industry was other wood product manufacturing.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Archuleta County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | First Southwest BankDurango, CO | 13 | $6.5M | 41.9% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $4.6M | 19.4% | |
| 3 | First Internet Bank of IndianaFishers, IN | 2 | — | 6.5% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 6.5% | |
| 5 | TowneBankPortsmouth, VA | 1 | — | 3.2% | |
| 6 | Citizens BankElizabethton, TN | 1 | — | 3.2% | |
| 7 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 1 | — | 3.2% | |
| 8 | Mountain America FCUSandy, UT | 1 | — | 3.2% | |
| 9 | Community Economic Development Company of ColoradoDenver, CO · CDC | 1 | — | 3.2% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 3.2% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 1 | — | 3.2% | |
| 12 | Columbia BankLake Oswego, OR | 1 | — | 3.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Wood Product ManufacturingNAICS 3219 | 2 | 6.5% | |
| 2 | Residential Building ConstructionNAICS 2361 | 2 | 6.5% | |
| 3 | Activities Related to Real EstateNAICS 5313 | 2 | 6.5% | |
| 4 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 2 | 6.5% | |
| 5 | Lumber and Other Construction Materials Merchant WholesalersNAICS 4233 | 2 | 6.5% | |
| 6 | Lessors of Real EstateNAICS 5311 | 2 | 6.5% | |
| 7 | Cement and Concrete Product ManufacturingNAICS 3273 | 2 | 6.5% | |
| 8 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 2 | 6.5% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 6.5% | |
| 10 | Vocational Rehabilitation ServicesNAICS 6243 | 2 | 6.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Real Estate and Rental and Leasing | 5 | 16.1% | |
| 2 | Construction | 5 | 16.1% | |
| 3 | Manufacturing | 4 | 12.9% | |
| 4 | Accommodation and Food Services | 4 | 12.9% | |
| 5 | Retail Trade | 3 | 9.7% | |
| 6 | Information | 2 | 6.5% | |
| 7 | Wholesale Trade | 2 | 6.5% | |
| 8 | Health Care and Social Assistance | 2 | 6.5% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 1 | — | — | 0 | — | 1 | 5 |
| FY2025 | 3 | $3.6M | $400K | 1 | — | 4 | 52 |
| FY2024 | 3 | $551K | $75K | 1 | — | 4 | 12 |
| FY2023 | 6 | $2.1M | $203K | 0 | — | 6 | 41 |
| FY2022 | 7 | $2.6M | $220K | 0 | — | 7 | 53 |
| FY2021 | 10 | $5.7M | $334K | 0 | — | 10 | 97 |
| FY2020 | 7 | $1.4M | $100K | 0 | — | 7 | 57 |
| FY2019 | 3 | $560K | $150K | 0 | — | 3 | 23 |
| FY2018 | 3 | $2.3M | $519K | 0 | — | 3 | 67 |
| FY2017 | 6 | $7.5M | $1.0M | 1 | — | 7 | 92 |
| FY2016 | 4 | $3.8M | $754K | 0 | — | 4 | 18 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 24 approvals.
Against Colorado and the country
| FY2021–FY2025 | Archuleta County | Colorado | United States |
|---|---|---|---|
| Approvals | 31 | 9,057 | 342,825 |
| Approvals per 1,000 establishments | 53.8 | 49.6 | 41.0 |
| Median 7(a) approval | $250K | $261K | $190K |
| Median 504 approval | — | $612K | $657K |
| Average approval | $492K | $645K | $573K |
| 504 share of approvals | 6.5% | 11.1% | 11.0% |
| Jobs supported per approval, as reported | 8.2 | 10.6 | 10.5 |
| Share of state approvals | 0.3% | 100.0% | — |
Approval sizes
- $50,000 or less19.4%6
- $50,001 to $150,0009.7%3
- $150,001 to $350,00029.0%9
- $350,001 to $1 million25.8%8
- $1 million to $2 million12.9%4
- Over $2 million3.2%1
Age of the businesses
- Existing, more than 2 years old29.0%9
- New business, 2 years or less22.6%7
- Startup, loan funds will open the business32.3%10
- Change of ownership16.1%5
Questions and answers
Which lenders make the most SBA loans in Archuleta County?
By approvals in FY2021 to FY2025: First Southwest Bank (13), The Huntington National Bank (6), First Internet Bank of Indiana (2), Wells Fargo Bank National Association (2), TowneBank (1). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Archuleta County?
The median 7(a) approval was $250K; the Colorado 7(a) median was $261K.
Which industries get the most SBA loans in Archuleta County?
Other Wood Product Manufacturing (2); Residential Building Construction (2); Activities Related to Real Estate (2); RV (Recreational Vehicle) Parks and Recreational Camps (2); Lumber and Other Construction Materials Merchant Wholesalers (2).
Is SBA lending in Archuleta County rising?
Approvals in the three latest complete fiscal years total 14, against 24 in the three before: falling (-42%).
How does Archuleta County compare with the rest of Colorado?
53.8 approvals per 1,000 establishments against 49.6 statewide, and 31 of the state's 9,057 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error