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County7th of 60 in Colorado by approvalsFIPS 08013
SBA loans in Boulder 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 596 loans to businesses in Boulder County, Colorado, in FY2021 to FY2025, worth $357M: 534 under 7(a) and 62 under 504.
That is 45.9 approvals per 1,000 business establishments (12,990 establishments in 2023), close to the Colorado figure of 49.6 and close to the national 41.0.
It ranks 7th of 60 Colorado counties with approvals. In FY2025 there were 163, up 19% on FY2024.
91 lenders had approvals here; the most active were The Huntington National Bank (79), B:Side Capital (53) and U.S. Bank, National Association (39). The most common industry was restaurants and other eating places.
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 Boulder County
By number of approvals to businesses in the county, FY2021–FY2025; 91 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 79 | $25.6M | 13.3% | |
| 2 | B:Side CapitalDenver, CO · CDC | 53 | $44.5M | 8.9% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 39 | $9.2M | 6.5% | |
| 4 | JPMorgan Chase Bank, National AssociationColumbus, OH | 32 | $9.0M | 5.4% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 24 | $8.0M | 4.0% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 23 | $3.4M | 3.9% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 22 | $22.7M | 3.7% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 19 | $5.7M | 3.2% | |
| 9 | Hanmi BankLos Angeles, CA | 17 | $14.3M | 2.9% | |
| 10 | KeyBank National AssociationCleveland, OH | 16 | $7.7M | 2.7% | |
| 11 | Northeast BankLewiston, ME | 15 | $2.5M | 2.5% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 13 | $6.2M | 2.2% | |
| 13 | SouthState Bank, National AssociationWinter Haven, FL | 12 | $12.2M | 2.0% | |
| 14 | Colorado Enterprise FundDenver, CO | 12 | $2.0M | 2.0% | |
| 15 | BOKF, National AssociationTulsa, OK | 10 | $6.1M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 64 | 10.7% | |
| 2 | Personal Care ServicesNAICS 8121 | 28 | 4.7% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 22 | 3.7% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 22 | 3.7% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 21 | 3.5% | |
| 6 | Beer, Wine, and Liquor StoresNAICS 4453 | 20 | 3.4% | |
| 7 | Architectural, Engineering, and Related ServicesNAICS 5413 | 20 | 3.4% | |
| 8 | Computer Systems Design and Related ServicesNAICS 5415 | 19 | 3.2% | |
| 9 | Other Personal ServicesNAICS 8129 | 19 | 3.2% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 18 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 90 | 15.1% | |
| 2 | Accommodation and Food Services | 77 | 12.9% | |
| 3 | Other Services (except Public Administration) | 70 | 11.7% | |
| 4 | Retail Trade | 69 | 11.6% | |
| 5 | Construction | 63 | 10.6% | |
| 6 | Health Care and Social Assistance | 57 | 9.6% | |
| 7 | Manufacturing | 44 | 7.4% | |
| 8 | Arts, Entertainment, and Recreation | 30 | 5.0% |
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* | 72 | $28.9M | $150K | 8 | $8.0M | 80 | 841 |
| FY2025 | 154 | $78.5M | $208K | 9 | $11.7M | 163 | 1,807 |
| FY2024 | 123 | $48.2M | $175K | 14 | $10.8M | 137 | 1,321 |
| FY2023 | 93 | $50.4M | $245K | 3 | $1.6M | 96 | 1,128 |
| FY2022 | 76 | $50.8M | $311K | 17 | $19.5M | 93 | 944 |
| FY2021 | 88 | $73.5M | $368K | 19 | $11.7M | 107 | 1,072 |
| FY2020 | 60 | $28.0M | $222K | 14 | $12.0M | 74 | 753 |
| FY2019 | 79 | $42.8M | $247K | 6 | $4.5M | 85 | 1,244 |
| FY2018 | 107 | $56.6M | $217K | 16 | $10.8M | 123 | 1,615 |
| FY2017 | 108 | $47.0M | $253K | 9 | $7.1M | 117 | 1,093 |
| FY2016 | 114 | $50.4M | $161K | 8 | $9.8M | 122 | 1,102 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 521 approvals.
Against Colorado and the country
| FY2021–FY2025 | Boulder County | Colorado | United States |
|---|---|---|---|
| Approvals | 596 | 9,057 | 342,825 |
| Approvals per 1,000 establishments | 45.9 | 49.6 | 41.0 |
| Median 7(a) approval | $250K | $261K | $190K |
| Median 504 approval | $556K | $612K | $657K |
| Average approval | $598K | $645K | $573K |
| 504 share of approvals | 10.4% | 11.1% | 11.0% |
| Jobs supported per approval, as reported | 10.5 | 10.6 | 10.5 |
| Share of state approvals | 6.6% | 100.0% | — |
Approval sizes
- $50,000 or less17.4%104
- $50,001 to $150,00018.3%109
- $150,001 to $350,00022.8%136
- $350,001 to $1 million23.0%137
- $1 million to $2 million12.2%73
- Over $2 million6.2%37
Age of the businesses
- Existing, more than 2 years old51.0%304
- New business, 2 years or less13.3%79
- Startup, loan funds will open the business20.8%124
- Change of ownership14.9%89
Questions and answers
Which lenders make the most SBA loans in Boulder County?
By approvals in FY2021 to FY2025: The Huntington National Bank (79), B:Side Capital (53), U.S. Bank, National Association (39), JPMorgan Chase Bank, National Association (32), Wells Fargo Bank National Association (24). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Boulder County?
The median 7(a) approval was $250K and the median 504 approval $556K; the Colorado 7(a) median was $261K.
Which industries get the most SBA loans in Boulder County?
Restaurants and Other Eating Places (64); Personal Care Services (28); Other Amusement and Recreation Industries (22); Offices of Other Health Practitioners (22); Other Professional, Scientific, and Technical Services (21).
Is SBA lending in Boulder County rising?
Approvals in the three latest complete fiscal years total 396, against 274 in the three before: rising (+45%).
How does Boulder County compare with the rest of Colorado?
45.9 approvals per 1,000 establishments against 49.6 statewide, and 596 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