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County20th of 60 in Colorado by approvalsFIPS 08015
SBA loans in Chaffee 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.
Businesses in Chaffee County, Colorado, received 41 SBA loan approvals worth $37.6M in FY2021 to FY2025 (29 7(a), 12 504).
That is 38.1 approvals per 1,000 business establishments (1,076 establishments in 2023), below the Colorado figure of 49.6 and close to the national 41.0.
It ranks 20th of 60 Colorado counties with approvals. In FY2025 there were 10.
22 lenders had approvals here; the most active were B:Side Capital (9), Glacier Bank (5) and First Internet Bank of Indiana (2). The most common industry was traveler accommodation.
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 Chaffee County
By number of approvals to businesses in the county, FY2021–FY2025; 22 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | B:Side CapitalDenver, CO · CDC | 9 | $5.0M | 22.0% | |
| 2 | Glacier BankKalispell, MT | 5 | $6.3M | 12.2% | |
| 3 | First Internet Bank of IndianaFishers, IN | 2 | — | 4.9% | |
| 4 | Pikes Peak Regional Development CorporationColorado Springs, CO · CDC | 2 | — | 4.9% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 4.9% | |
| 6 | The Huntington National BankColumbus, OH | 2 | — | 4.9% | |
| 7 | InBankRaton, NM | 2 | — | 4.9% | |
| 8 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 4.9% | |
| 9 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 4.9% | |
| 10 | Capital Bank, National AssociationRockville, MD | 1 | — | 2.4% | |
| 11 | Centerstone SBA Lending, Inc.Los Angeles, CA | 1 | — | 2.4% | |
| 12 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 1 | — | 2.4% | |
| 13 | PBandT BankPueblo, CO | 1 | — | 2.4% | |
| 14 | Evolve Bank and TrustWest Memphis, AR | 1 | — | 2.4% | |
| 15 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 3 | 7.3% | |
| 2 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 3 | 7.3% | |
| 3 | Beverage ManufacturingNAICS 3121 | 2 | 4.9% | |
| 4 | Other Wood Product ManufacturingNAICS 3219 | 2 | 4.9% | |
| 5 | Legal ServicesNAICS 5411 | 2 | 4.9% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.9% | |
| 7 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 4.9% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 2 | 4.9% | |
| 9 | Architectural, Engineering, and Related ServicesNAICS 5413 | 2 | 4.9% | |
| 10 | Building Material and Supplies DealersNAICS 4441 | 2 | 4.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 19.5% | |
| 2 | Retail Trade | 8 | 19.5% | |
| 3 | Manufacturing | 6 | 14.6% | |
| 4 | Professional, Scientific, and Technical Services | 5 | 12.2% | |
| 5 | Health Care and Social Assistance | 3 | 7.3% | |
| 6 | Wholesale Trade | 2 | 4.9% | |
| 7 | Information | 2 | 4.9% | |
| 8 | Finance and Insurance | 2 | 4.9% |
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* | 4 | $5.4M | $1.3M | 0 | — | 4 | 142 |
| FY2025 | 9 | $14.9M | $815K | 1 | — | 10 | 327 |
| FY2024 | 5 | $2.3M | $406K | 2 | — | 7 | 93 |
| FY2023 | 7 | $2.8M | $350K | 1 | — | 8 | 110 |
| FY2022 | 7 | $8.5M | $460K | 5 | $3.7M | 12 | 99 |
| FY2021 | 1 | — | — | 3 | $2.1M | 4 | 11 |
| FY2020 | 1 | — | — | 2 | — | 3 | 7 |
| FY2019 | 6 | $3.8M | $589K | 1 | — | 7 | 38 |
| FY2018 | 4 | $1.3M | $310K | 0 | — | 4 | 31 |
| FY2017 | 0 | — | — | 1 | — | 1 | 2 |
| FY2016 | 4 | $2.6M | $277K | 3 | $3.3M | 7 | 43 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 22 approvals.
Against Colorado and the country
| FY2021–FY2025 | Chaffee County | Colorado | United States |
|---|---|---|---|
| Approvals | 41 | 9,057 | 342,825 |
| Approvals per 1,000 establishments | 38.1 | 49.6 | 41.0 |
| Median 7(a) approval | $441K | $261K | $190K |
| Median 504 approval | $523K | $612K | $657K |
| Average approval | $917K | $645K | $573K |
| 504 share of approvals | 29.3% | 11.1% | 11.0% |
| Jobs supported per approval, as reported | 15.6 | 10.6 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less4.9%2
- $50,001 to $150,0009.8%4
- $150,001 to $350,00019.5%8
- $350,001 to $1 million43.9%18
- $1 million to $2 million9.8%4
- Over $2 million12.2%5
Age of the businesses
- Existing, more than 2 years old51.2%21
- New business, 2 years or less19.5%8
- Startup, loan funds will open the business14.6%6
- Change of ownership14.6%6
Questions and answers
Which lenders make the most SBA loans in Chaffee County?
By approvals in FY2021 to FY2025: B:Side Capital (9), Glacier Bank (5), First Internet Bank of Indiana (2), Pikes Peak Regional Development Corporation (2), Wells Fargo Bank National Association (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Chaffee County?
The median 7(a) approval was $441K and the median 504 approval $523K; the Colorado 7(a) median was $261K.
Which industries get the most SBA loans in Chaffee County?
Traveler Accommodation (3); RV (Recreational Vehicle) Parks and Recreational Camps (3); Beverage Manufacturing (2); Other Wood Product Manufacturing (2); Legal Services (2).
Is SBA lending in Chaffee County rising?
Approvals in the three latest complete fiscal years total 25, against 19 in the three before: rising (+32%).
How does Chaffee County compare with the rest of Colorado?
38.1 approvals per 1,000 establishments against 49.6 statewide, and 41 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