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County18th of 60 in Colorado by approvalsFIPS 08107
SBA loans in Routt 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 Routt County, Colorado, received 49 SBA loan approvals worth $24.5M in FY2021 to FY2025 (39 7(a), 10 504).
That is 26.3 approvals per 1,000 business establishments (1,860 establishments in 2023), below the Colorado figure of 49.6 and below the national 41.0.
It ranks 18th of 60 Colorado counties with approvals. In FY2025 there were 17, up 42% on FY2024.
16 lenders had approvals here; the most active were B:Side Capital (10), Zions Bank, A Division of (10) and Live Oak Banking Company (6). 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 Routt County
By number of approvals to businesses in the county, FY2021–FY2025; 16 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | B:Side CapitalDenver, CO · CDC | 10 | $4.4M | 20.4% | |
| 2 | Zions Bank, A Division ofSalt Lake City, UT | 10 | $1.7M | 20.4% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 6 | $7.5M | 12.2% | |
| 4 | Mountain Valley BankWalden, CO | 4 | $825K | 8.2% | |
| 5 | The Huntington National BankColumbus, OH | 3 | $1.4M | 6.1% | |
| 6 | Bank of America, National AssociationCharlotte, NC | 2 | — | 4.1% | |
| 7 | Northeast BankLewiston, ME | 2 | — | 4.1% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.1% | |
| 9 | B:Side CapitalDenver, CO | 2 | — | 4.1% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 4.1% | |
| 11 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 1 | — | 2.0% | |
| 12 | JPMorgan Chase Bank, National AssociationColumbus, OH | 1 | — | 2.0% | |
| 13 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 2.0% | |
| 14 | Exchange Bank and Trust CompanyPerry, OK | 1 | — | 2.0% | |
| 15 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 12.2% | |
| 2 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 3 | 6.1% | |
| 3 | Other Personal ServicesNAICS 8129 | 3 | 6.1% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 3 | 6.1% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 2 | 4.1% | |
| 6 | Offices of DentistsNAICS 6212 | 2 | 4.1% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 4.1% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 2 | 4.1% | |
| 9 | Legal ServicesNAICS 5411 | 2 | 4.1% | |
| 10 | Furniture and Home Furnishings RetailersNAICS 4491 | 1 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 8 | 16.3% | |
| 2 | Other Services (except Public Administration) | 6 | 12.2% | |
| 3 | Retail Trade | 6 | 12.2% | |
| 4 | Construction | 5 | 10.2% | |
| 5 | Health Care and Social Assistance | 5 | 10.2% | |
| 6 | Professional, Scientific, and Technical Services | 5 | 10.2% | |
| 7 | Wholesale Trade | 3 | 6.1% | |
| 8 | Real Estate and Rental and Leasing | 3 | 6.1% |
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* | 9 | $1.7M | $100K | 1 | — | 10 | 54 |
| FY2025 | 17 | $3.4M | $140K | 0 | — | 17 | 103 |
| FY2024 | 9 | $7.0M | $500K | 3 | $1.5M | 12 | 86 |
| FY2023 | 1 | — | — | 1 | — | 2 | 3 |
| FY2022 | 6 | $5.0M | $112K | 3 | $1.6M | 9 | 68 |
| FY2021 | 6 | $4.2M | $175K | 3 | $863K | 9 | 26 |
| FY2020 | 3 | $1.5M | $658K | 2 | — | 5 | 6 |
| FY2019 | 4 | $1.6M | $140K | 0 | — | 4 | 56 |
| FY2018 | 4 | $3.9M | $821K | 0 | — | 4 | 102 |
| FY2017 | 5 | $925K | $143K | 5 | $1.4M | 10 | 33 |
| FY2016 | 3 | $685K | $40K | 4 | $1.1M | 7 | 19 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 30 approvals.
Against Colorado and the country
| FY2021–FY2025 | Routt County | Colorado | United States |
|---|---|---|---|
| Approvals | 49 | 9,057 | 342,825 |
| Approvals per 1,000 establishments | 26.3 | 49.6 | 41.0 |
| Median 7(a) approval | $150K | $261K | $190K |
| Median 504 approval | $387K | $612K | $657K |
| Average approval | $501K | $645K | $573K |
| 504 share of approvals | 20.4% | 11.1% | 11.0% |
| Jobs supported per approval, as reported | 5.8 | 10.6 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less14.3%7
- $50,001 to $150,00028.6%14
- $150,001 to $350,00018.4%9
- $350,001 to $1 million30.6%15
- $1 million to $2 million4.1%2
- Over $2 million4.1%2
Age of the businesses
- Existing, more than 2 years old49.0%24
- New business, 2 years or less18.4%9
- Startup, loan funds will open the business6.1%3
- Change of ownership24.5%12
- Not answered2.0%1
Questions and answers
Which lenders make the most SBA loans in Routt County?
By approvals in FY2021 to FY2025: B:Side Capital (10), Zions Bank, A Division of (10), Live Oak Banking Company (6), Mountain Valley Bank (4), The Huntington National Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Routt County?
The median 7(a) approval was $150K and the median 504 approval $387K; the Colorado 7(a) median was $261K.
Which industries get the most SBA loans in Routt County?
Restaurants and Other Eating Places (6); Miscellaneous Durable Goods Merchant Wholesalers (3); Other Personal Services (3); Offices of Other Health Practitioners (3); Building Finishing Contractors (2).
Is SBA lending in Routt County rising?
Approvals in the three latest complete fiscal years total 31, against 23 in the three before: rising (+35%).
How does Routt County compare with the rest of Colorado?
26.3 approvals per 1,000 establishments against 49.6 statewide, and 49 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