FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Colorado, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 1,996 loans in Colorado: 1,815 under 7(a) and 181 under 504, worth $827M.
That is up 14% on FY2015, when there were 1,753 approvals worth $701M.
Colorado accounted for 2.9% of the 70,012 approvals nationwide that year. 109 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 564.
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.
Approvals by lender
The 40 lenders with the most approvals to Colorado businesses in FY2016, of 109 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 564 | $114M | 28.3% | 434 | +130 |
| 2 | U.S. Bank, National Association | 7(a) | 217 | $43.8M | 10.9% | 266 | -49 |
| 3 | JPMorgan Chase Bank, National Association | 7(a) | 129 | $36.5M | 6.5% | 111 | +18 |
| 4 | B:Side Capital | 504 | 122 | $105M | 6.1% | 129 | -7 |
| 5 | PNC Bank, National Association | 7(a) | 99 | $20.2M | 5.0% | 59 | +40 |
| 6 | BOKF, National Association | 7(a) | 66 | $19.9M | 3.3% | 68 | -2 |
| 7 | KeyBank National Association | 7(a) | 56 | $27.6M | 2.8% | 46 | +10 |
| 8 | BMO Bank National Association | 7(a) | 51 | $33.9M | 2.6% | 50 | +1 |
| 9 | Hanmi Bank | 7(a) | 45 | $33.5M | 2.3% | 56 | -11 |
| 10 | SouthState Bank, National Association | 7(a) | 37 | $15.2M | 1.9% | 39 | -2 |
| 11 | Live Oak Banking Company | 7(a) | 36 | $33.9M | 1.8% | 21 | +15 |
| 12 | Stearns Bank National Association | 7(a) | 34 | $9.5M | 1.7% | 18 | +16 |
| 13 | Celtic Bank Corporation | 7(a) | 28 | $13.3M | 1.4% | 33 | -5 |
| 14 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 27 | $8.8M | 1.4% | 16 | +11 |
| 15 | Pikes Peak Regional Development Corporation | 504 | 26 | $10.9M | 1.3% | 12 | +14 |
| 16 | UMB Bank, National Association | 7(a) | 25 | $8.6M | 1.3% | 18 | +7 |
| 17 | Preferred Lending Partners | 504 | 24 | $25.6M | 1.2% | 21 | +3 |
| 18 | Bank of Hope | 7(a) | 24 | $18.1M | 1.2% | 33 | -9 |
| 19 | Timberline Bank | 7(a) | 15 | $5.6M | 0.8% | 18 | -3 |
| 20 | Enterprise Bank & Trust | 7(a) | 14 | $11.1M | 0.7% | 17 | -3 |
| 21 | Sunflower Bank National Association | 7(a) | 14 | $11.1M | 0.7% | 8 | +6 |
| 22 | Busey Bank | 7(a) | 14 | $11.1M | 0.7% | 20 | -6 |
| 23 | Newtek Small Business Finance, Inc. | 7(a) | 14 | $7.2M | 0.7% | 10 | +4 |
| 24 | B:Side Capital | 7(a) | 14 | $2.1M | 0.7% | 7 | +7 |
| 25 | Midwest Regional Bank | 7(a) | 13 | $19.1M | 0.7% | 0 | new |
| 26 | BayFirst National Bank | 7(a) | 13 | $3.0M | 0.7% | 4 | +9 |
| 27 | Independence Bank | 7(a) | 13 | $1.8M | 0.7% | 3 | +10 |
| 28 | Hana Small Business Lending, Inc. | 7(a) | 11 | $9.9M | 0.6% | 8 | +3 |
| 29 | Community Economic Development Company of Colorado | 504 | 9 | $2.9M | 0.5% | 7 | +2 |
| 30 | DreamSpring | 7(a) | 9 | $836K | 0.5% | 0 | new |
| 31 | Open Bank | 7(a) | 8 | $11.0M | 0.4% | 1 | +7 |
| 32 | First Southwest Bank | 7(a) | 8 | $3.6M | 0.4% | 14 | -6 |
| 33 | Bank of Colorado | 7(a) | 8 | $3.5M | 0.4% | 7 | +1 |
| 34 | Commonwealth Business Bank | 7(a) | 7 | $9.4M | 0.4% | 4 | +3 |
| 35 | PCB Bank | 7(a) | 7 | $6.4M | 0.4% | 0 | new |
| 36 | CRF Small Business Loan Company, LLC | 7(a) | 7 | $5.6M | 0.4% | 5 | +2 |
| 37 | Paragon Bank | 7(a) | 7 | $4.8M | 0.4% | 8 | -1 |
| 38 | Northeast Bank | 7(a) | 7 | $1.9M | 0.4% | 7 | 0 |
| 39 | FirstBank | 7(a) | 7 | $1.8M | 0.4% | 8 | -1 |
| 40 | FinWise Bank | 7(a) | 7 | $1.3M | 0.4% | 4 | +3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 358 | $149M | 17.9% | 309 | +49 |
| 2 | Jefferson County | 237 | $101M | 11.9% | 201 | +36 |
| 3 | Arapahoe County | 237 | $92.7M | 11.9% | 219 | +18 |
| 4 | El Paso County | 206 | $87.5M | 10.3% | 163 | +43 |
| 5 | Adams County | 186 | $80.6M | 9.3% | 142 | +44 |
| 6 | Boulder County | 122 | $60.2M | 6.1% | 158 | -36 |
| 7 | Larimer County | 121 | $49.7M | 6.1% | 110 | +11 |
| 8 | Douglas County | 115 | $48.8M | 5.8% | 100 | +15 |
| 9 | Weld County | 82 | $35.2M | 4.1% | 61 | +21 |
| 10 | Mesa County | 40 | $8.1M | 2.0% | 35 | +5 |
| 11 | Pueblo County | 33 | $9.0M | 1.7% | 21 | +12 |
| 12 | Eagle County | 33 | $13.9M | 1.7% | 30 | +3 |
| 13 | Garfield County | 27 | $9.9M | 1.4% | 12 | +15 |
| 14 | Broomfield County | 26 | $11.5M | 1.3% | 16 | +10 |
| 15 | Summit County | 26 | $5.7M | 1.3% | 23 | +3 |
| 16 | La Plata County | 14 | $8.0M | 0.7% | 7 | +7 |
| 17 | Delta County | 12 | $2.7M | 0.6% | 5 | +7 |
| 18 | Fremont County | 12 | $4.8M | 0.6% | 8 | +4 |
| 19 | Pitkin County | 10 | $4.6M | 0.5% | 12 | -2 |
| 20 | Montrose County | 10 | $3.6M | 0.5% | 8 | +2 |
| 21 | Gunnison County | 10 | $3.6M | 0.5% | 9 | +1 |
| 22 | Morgan County | 8 | $4.8M | 0.4% | 5 | +3 |
| 23 | Grand County | 8 | $6.6M | 0.4% | 6 | +2 |
| 24 | Chaffee County | 7 | $5.9M | 0.4% | 6 | +1 |
| 25 | Routt County | 7 | $1.8M | 0.4% | 10 | -3 |
| 26 | Elbert County | 7 | $725K | 0.4% | 11 | -4 |
| 27 | Clear Creek County | 6 | $3.7M | 0.3% | 9 | -3 |
| 28 | Park County | 6 | $500K | 0.3% | 2 | +4 |
| 29 | Montezuma County | 5 | $2.1M | 0.3% | 1 | +4 |
| 30 | Archuleta County | 4 | $3.8M | 0.2% | 13 | -9 |
| 31 | Conejos County | 3 | $379K | 0.2% | 2 | +1 |
| 32 | Lincoln County | 2 | — | 0.1% | 3 | -1 |
| 33 | Logan County | 2 | — | 0.1% | 2 | 0 |
| 34 | Otero County | 2 | — | 0.1% | 0 | new |
| 35 | Las Animas County | 2 | — | 0.1% | 1 | +1 |
| 36 | Prowers County | 1 | — | 0.1% | 3 | -2 |
| 37 | Teller County | 1 | — | 0.1% | 7 | -6 |
| 38 | Custer County | 1 | — | 0.1% | 2 | -1 |
| 39 | Moffat County | 1 | — | 0.1% | 0 | new |
| 40 | Alamosa County | 1 | — | 0.1% | 5 | -4 |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2016 against FY2015
| Colorado | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 1,815 | 1,584 |
| 7(a) dollars | $682M | $580M |
| Median 7(a) approval | $150K | $150K |
| 504 approvals | 181 | 169 |
| 504 dollars | $144M | $120M |
| Jobs supported, as reported | 16,598 | 18,824 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2016?
Wells Fargo Bank National Association (564), U.S. Bank, National Association (217), JPMorgan Chase Bank, National Association (129), B:Side Capital (122), PNC Bank, National Association (99). 109 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2016?
1,996: 1,815 under 7(a) worth $682M and 181 under 504 worth $144M.
Which Colorado counties had the most SBA approvals in FY2016?
Denver County (358), Jefferson County (237), Arapahoe County (237), El Paso County (206), Adams County (186).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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