Lenders › Colorado Enterprise Fund
7(a) lenderDenver, Coloradonon-bank 7(a) lender319th of 2,184 by approvals
Colorado Enterprise Fund
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Colorado Enterprise Fund, based in Denver, Colorado, is a non-bank 7(a) lender in the SBA 7(a) program. SBA approved 100 of its 7(a) loans worth $17.8M in FY2021 to FY2025, which places it 319th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 47 approvals totalling $7.9M, up 24% on FY2024 (38). FY2026 to 30 Jun 2026 adds 17 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 55.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 18 counties, led by Colorado (98.0%), Arizona (1.0%) and Illinois (1.0%). The largest industry group was accommodation and food services at 20.0% of approvals, and 1.0% of approvals were to franchise businesses.
Colorado Enterprise Fund has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 17 | $2.6M | $150K | $153K | 122 |
| FY2025 | 47 | $7.9M | $150K | $168K | 108 |
| FY2024 | 38 | $6.9M | $150K | $181K | 232 |
| FY2023 | 9 | $1.8M | $180K | $200K | 93 |
| FY2022 | 1 | — | — | — | 3 |
| FY2021 | 5 | $1.0M | $188K | $202K | 47 |
| FY2020 | 0 | — | — | — | 0 |
| FY2019 | 0 | — | — | — | 0 |
| FY2018 | 1 | — | — | — | 11 |
| FY2017 | 6 | $1.1M | $169K | $175K | 54 |
| FY2016 | 5 | $731K | $150K | $146K | 21 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 12 approvals. First approval on file: FY2013.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Colorado | 7(a) program |
|---|---|---|---|
| Approvals in these years | 22 | 15,975 | 639,905 |
| Cancelled or never disbursed | 4 | 1,999 | 79,313 |
| Disbursed loans | 18 | 13,976 | 560,592 |
| Paid in full | 11 | 10,957 | 435,813 |
| Charged off | 4 | 792 | 36,891 |
| Still outstanding (status exempt from disclosure) | 3 | 2,227 | 87,888 |
| Charged off, share of disbursed loans | too few loans | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | too few loans | 1.8% | 2.5% |
| Dollars charged off | — | $120M | $5.70bn |
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $150K | $190K |
| Average approval | $178K | $518K |
| Approvals of $150,000 or less | 55.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 70.0% | 34.3% |
| Approvals to franchise businesses | 1.0% | 11.5% |
| Jobs supported per approval, as reported | 4.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | too few loans | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Colorado | 98 | $17.3M | 98.0% | |
| 2 | Arizona | 1 | — | 1.0% | |
| 3 | Illinois | 1 | — | 1.0% |
In Colorado the lender accounts for 1.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (18 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Denver County, CO | 23 | $4.2M | 23.0% | |
| 2 | Arapahoe County, CO | 12 | $2.2M | 12.0% | |
| 3 | Boulder County, CO | 12 | $2.0M | 12.0% | |
| 4 | El Paso County, CO | 11 | $1.8M | 11.0% | |
| 5 | Adams County, CO | 9 | $1.5M | 9.0% | |
| 6 | Jefferson County, CO | 8 | $1.5M | 8.0% | |
| 7 | Larimer County, CO | 7 | $1.1M | 7.0% | |
| 8 | Douglas County, CO | 5 | $780K | 5.0% | |
| 9 | Summit County, CO | 2 | — | 2.0% | |
| 10 | Mesa County, CO | 2 | — | 2.0% | |
| 11 | Weld County, CO | 2 | — | 2.0% | |
| 12 | Moffat County, CO | 1 | — | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 20 | 20.0% | |
| 2 | Manufacturing | 14 | 14.0% | |
| 3 | Health Care and Social Assistance | 14 | 14.0% | |
| 4 | Construction | 10 | 10.0% | |
| 5 | Other Services (except Public Administration) | 9 | 9.0% | |
| 6 | Professional, Scientific, and Technical Services | 9 | 9.0% | |
| 7 | Retail Trade | 8 | 8.0% | |
| 8 | Arts, Entertainment, and Recreation | 7 | 7.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 13.0% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 7.0% | |
| 3 | Special Food ServicesNAICS 7223 | 5 | 5.0% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 5 | 5.0% | |
| 5 | Personal Care ServicesNAICS 8121 | 5 | 5.0% | |
| 6 | Individual and Family ServicesNAICS 6241 | 4 | 4.0% | |
| 7 | Bakeries and Tortilla ManufacturingNAICS 3118 | 4 | 4.0% | |
| 8 | Child Day Care ServicesNAICS 6244 | 3 | 3.0% | |
| 9 | Waste CollectionNAICS 5621 | 3 | 3.0% | |
| 10 | Computer Systems Design and Related ServicesNAICS 5415 | 3 | 3.0% |
Approval sizes
- $50,001 to $150,00055.0%55
- $150,001 to $350,00045.0%45
Loan terms
- 5 years or less7.0%7
- Over 5 to 10 years91.0%91
- Over 10 to 20 years1.0%1
- Over 20 years1.0%1
Age of the businesses
- Existing, more than 2 years old21.0%21
- New business, 2 years or less10.0%10
- Startup, loan funds will open the business60.0%60
- Change of ownership9.0%9
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 85 | 85.0% | |
| 2 | Community Advantage Initiative | 15 | 15.0% |
Franchise share
1 of 100 approvals in FY2021–FY2025 (1.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Shrunk 3D | 1 | 1.0% |
Questions and answers
How many SBA loans does Colorado Enterprise Fund make?
SBA approved 47 7(a) loans through Colorado Enterprise Fund in FY2025, worth $7.9M, and 100 over FY2021 to FY2025. That ranks 319th of 2,184 active 7(a) lenders by number of approvals.
How large are Colorado Enterprise Fund's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $178K. The program-wide median was $190K.
What is Colorado Enterprise Fund's charge-off rate?
Colorado Enterprise Fund has fewer than 30 disbursed loans from the FY2010 to FY2021 approval years on record, too few for a charge-off rate to be shown. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Colorado Enterprise Fund lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (13); other amusement and recreation industries (7); special food services (5); offices of other health practitioners (5).
Where does Colorado Enterprise Fund make SBA loans?
In 3 states and territories. Colorado 98, Arizona 1, Illinois 1. In Colorado it accounts for 1.2% of all 7(a) approvals.
Is Colorado Enterprise Fund's SBA lending rising?
Volumes are too small to compare periods.
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error