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County1st of 60 in Colorado by approvalsFIPS 08031
SBA loans in Denver 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 Denver County, Colorado, received 1,343 SBA loan approvals worth $795M in FY2021 to FY2025 (1,225 7(a), 118 504).
That is 49.0 approvals per 1,000 business establishments (27,422 establishments in 2023), close to the Colorado figure of 49.6 and above the national 41.0.
It ranks 1st of 60 Colorado counties with approvals. In FY2025 there were 359, up 27% on FY2024.
135 lenders had approvals here; the most active were The Huntington National Bank (181), U.S. Bank, National Association (84) and B:Side Capital (80). 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 Denver County
By number of approvals to businesses in the county, FY2021–FY2025; 135 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 181 | $47.6M | 13.5% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 84 | $10.1M | 6.3% | |
| 3 | B:Side CapitalDenver, CO · CDC | 80 | $76.3M | 6.0% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 58 | $13.3M | 4.3% | |
| 5 | KeyBank National AssociationCleveland, OH | 54 | $12.8M | 4.0% | |
| 6 | JPMorgan Chase Bank, National AssociationColumbus, OH | 47 | $14.6M | 3.5% | |
| 7 | Northeast BankLewiston, ME | 47 | $8.3M | 3.5% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 46 | $23.7M | 3.4% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 44 | $53.5M | 3.3% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 38 | $13.6M | 2.8% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 34 | $5.1M | 2.5% | |
| 12 | Hanmi BankLos Angeles, CA | 30 | $27.3M | 2.2% | |
| 13 | BMO Bank National AssociationChicago, IL | 24 | $19.7M | 1.8% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 23 | $16.7M | 1.7% | |
| 15 | Zions Bank, A Division ofSalt Lake City, UT | 23 | $6.3M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 124 | 9.2% | |
| 2 | Personal Care ServicesNAICS 8121 | 70 | 5.2% | |
| 3 | Beer, Wine, and Liquor StoresNAICS 4453 | 51 | 3.8% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 43 | 3.2% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 35 | 2.6% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 35 | 2.6% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 33 | 2.5% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 32 | 2.4% | |
| 9 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 32 | 2.4% | |
| 10 | Legal ServicesNAICS 5411 | 31 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 203 | 15.1% | |
| 2 | Retail Trade | 166 | 12.4% | |
| 3 | Accommodation and Food Services | 164 | 12.2% | |
| 4 | Construction | 149 | 11.1% | |
| 5 | Other Services (except Public Administration) | 134 | 10.0% | |
| 6 | Health Care and Social Assistance | 108 | 8.0% | |
| 7 | Manufacturing | 99 | 7.4% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 59 | 4.4% |
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* | 152 | $75.1M | $253K | 11 | $10.6M | 163 | 1,441 |
| FY2025 | 337 | $162M | $225K | 22 | $25.8M | 359 | 3,636 |
| FY2024 | 267 | $129M | $150K | 15 | $17.5M | 282 | 2,780 |
| FY2023 | 218 | $104M | $235K | 22 | $22.5M | 240 | 2,497 |
| FY2022 | 171 | $120M | $300K | 23 | $21.6M | 194 | 2,003 |
| FY2021 | 232 | $168M | $456K | 36 | $25.0M | 268 | 3,067 |
| FY2020 | 164 | $95.6M | $264K | 20 | $19.1M | 184 | 1,701 |
| FY2019 | 217 | $108M | $290K | 15 | $15.7M | 232 | 2,900 |
| FY2018 | 251 | $128M | $250K | 25 | $29.6M | 276 | 2,848 |
| FY2017 | 279 | $131M | $205K | 22 | $14.0M | 301 | 3,446 |
| FY2016 | 329 | $117M | $125K | 29 | $32.3M | 358 | 3,477 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,351 approvals.
Against Colorado and the country
| FY2021–FY2025 | Denver County | Colorado | United States |
|---|---|---|---|
| Approvals | 1,343 | 9,057 | 342,825 |
| Approvals per 1,000 establishments | 49.0 | 49.6 | 41.0 |
| Median 7(a) approval | $253K | $261K | $190K |
| Median 504 approval | $712K | $612K | $657K |
| Average approval | $592K | $645K | $573K |
| 504 share of approvals | 8.8% | 11.1% | 11.0% |
| Jobs supported per approval, as reported | 10.4 | 10.6 | 10.5 |
| Share of state approvals | 14.8% | 100.0% | — |
Approval sizes
- $50,000 or less19.7%264
- $50,001 to $150,00017.7%238
- $150,001 to $350,00018.8%252
- $350,001 to $1 million25.6%344
- $1 million to $2 million11.7%157
- Over $2 million6.6%88
Age of the businesses
- Existing, more than 2 years old57.9%777
- New business, 2 years or less16.0%215
- Startup, loan funds will open the business16.1%216
- Change of ownership9.9%133
- Not answered0.1%2
Questions and answers
Which lenders make the most SBA loans in Denver County?
By approvals in FY2021 to FY2025: The Huntington National Bank (181), U.S. Bank, National Association (84), B:Side Capital (80), Wells Fargo Bank National Association (58), KeyBank National Association (54). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Denver County?
The median 7(a) approval was $253K and the median 504 approval $712K; the Colorado 7(a) median was $261K.
Which industries get the most SBA loans in Denver County?
Restaurants and Other Eating Places (124); Personal Care Services (70); Beer, Wine, and Liquor Stores (51); Other Amusement and Recreation Industries (43); Other Professional, Scientific, and Technical Services (35).
Is SBA lending in Denver County rising?
Approvals in the three latest complete fiscal years total 881, against 646 in the three before: rising (+36%).
How does Denver County compare with the rest of Colorado?
49.0 approvals per 1,000 establishments against 49.6 statewide, and 1,343 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