FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Colorado, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 1,761 loans in Colorado: 1,593 under 7(a) and 168 under 504, worth $905M.
That is down 12% on FY2016, when there were 1,996 approvals worth $827M.
Colorado accounted for 2.6% of the 68,648 approvals nationwide that year. 95 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 377.
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 FY2017, of 95 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 377 | $119M | 21.4% | 564 | -187 |
| 2 | U.S. Bank, National Association | 7(a) | 149 | $32.8M | 8.5% | 217 | -68 |
| 3 | JPMorgan Chase Bank, National Association | 7(a) | 133 | $30.2M | 7.6% | 129 | +4 |
| 4 | B:Side Capital | 504 | 122 | $98.8M | 6.9% | 122 | 0 |
| 5 | Hanmi Bank | 7(a) | 69 | $54.6M | 3.9% | 45 | +24 |
| 6 | PNC Bank, National Association | 7(a) | 64 | $18.1M | 3.6% | 99 | -35 |
| 7 | KeyBank National Association | 7(a) | 61 | $29.7M | 3.5% | 56 | +5 |
| 8 | BMO Bank National Association | 7(a) | 55 | $44.0M | 3.1% | 51 | +4 |
| 9 | BOKF, National Association | 7(a) | 51 | $22.8M | 2.9% | 66 | -15 |
| 10 | SouthState Bank, National Association | 7(a) | 50 | $34.9M | 2.8% | 37 | +13 |
| 11 | Celtic Bank Corporation | 7(a) | 47 | $14.9M | 2.7% | 28 | +19 |
| 12 | Live Oak Banking Company | 7(a) | 44 | $62.5M | 2.5% | 36 | +8 |
| 13 | Stearns Bank National Association | 7(a) | 39 | $12.7M | 2.2% | 34 | +5 |
| 14 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 34 | $24.9M | 1.9% | 27 | +7 |
| 15 | BayFirst National Bank | 7(a) | 31 | $6.1M | 1.8% | 13 | +18 |
| 16 | Preferred Lending Partners | 504 | 24 | $20.7M | 1.4% | 24 | 0 |
| 17 | Midwest Regional Bank | 7(a) | 22 | $28.1M | 1.2% | 13 | +9 |
| 18 | Pikes Peak Regional Development Corporation | 504 | 21 | $21.9M | 1.2% | 26 | -5 |
| 19 | Northeast Bank | 7(a) | 19 | $4.0M | 1.1% | 7 | +12 |
| 20 | B:Side Capital | 7(a) | 19 | $3.3M | 1.1% | 14 | +5 |
| 21 | Independence Bank | 7(a) | 17 | $1.5M | 1.0% | 13 | +4 |
| 22 | Enterprise Bank & Trust | 7(a) | 15 | $18.2M | 0.9% | 14 | +1 |
| 23 | DreamSpring | 7(a) | 15 | $1.3M | 0.9% | 9 | +6 |
| 24 | Bank of Hope | 7(a) | 13 | $14.7M | 0.7% | 24 | -11 |
| 25 | First National Bank of Omaha | 7(a) | 13 | $2.5M | 0.7% | 6 | +7 |
| 26 | Zions Bank, A Division of | 7(a) | 13 | $2.1M | 0.7% | 5 | +8 |
| 27 | Busey Bank | 7(a) | 12 | $6.5M | 0.7% | 14 | -2 |
| 28 | UMB Bank, National Association | 7(a) | 12 | $3.5M | 0.7% | 25 | -13 |
| 29 | PCB Bank | 7(a) | 11 | $12.6M | 0.6% | 7 | +4 |
| 30 | PromiseOne Bank | 7(a) | 10 | $15.5M | 0.6% | 0 | new |
| 31 | First National Bank | 7(a) | 8 | $6.5M | 0.5% | 2 | +6 |
| 32 | BankUnited, National Association | 7(a) | 8 | $5.5M | 0.5% | 0 | new |
| 33 | Timberline Bank | 7(a) | 8 | $3.6M | 0.5% | 15 | -7 |
| 34 | Bank of America, National Association | 7(a) | 7 | $8.4M | 0.4% | 5 | +2 |
| 35 | Happen Bank | 7(a) | 7 | $4.9M | 0.4% | 2 | +5 |
| 36 | Newtek Small Business Finance, Inc. | 7(a) | 7 | $2.4M | 0.4% | 14 | -7 |
| 37 | United Midwest Savings Bank National Association | 7(a) | 7 | $1.1M | 0.4% | 2 | +5 |
| 38 | Open Bank | 7(a) | 6 | $9.8M | 0.3% | 8 | -2 |
| 39 | Paragon Bank | 7(a) | 6 | $5.3M | 0.3% | 7 | -1 |
| 40 | First Southwest Bank | 7(a) | 6 | $2.1M | 0.3% | 8 | -2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 301 | $145M | 17.1% | 358 | -57 |
| 2 | Arapahoe County | 221 | $90.5M | 12.5% | 237 | -16 |
| 3 | Jefferson County | 220 | $109M | 12.5% | 237 | -17 |
| 4 | El Paso County | 170 | $99.3M | 9.7% | 206 | -36 |
| 5 | Adams County | 155 | $88.0M | 8.8% | 186 | -31 |
| 6 | Douglas County | 119 | $74.6M | 6.8% | 115 | +4 |
| 7 | Boulder County | 117 | $54.1M | 6.6% | 122 | -5 |
| 8 | Larimer County | 107 | $58.0M | 6.1% | 121 | -14 |
| 9 | Weld County | 84 | $53.6M | 4.8% | 82 | +2 |
| 10 | Mesa County | 37 | $14.0M | 2.1% | 40 | -3 |
| 11 | Broomfield County | 33 | $16.6M | 1.9% | 26 | +7 |
| 12 | Eagle County | 26 | $16.6M | 1.5% | 33 | -7 |
| 13 | Pueblo County | 20 | $12.9M | 1.1% | 33 | -13 |
| 14 | Garfield County | 15 | $3.5M | 0.9% | 27 | -12 |
| 15 | Montrose County | 11 | $2.8M | 0.6% | 10 | +1 |
| 16 | Routt County | 10 | $2.3M | 0.6% | 7 | +3 |
| 17 | La Plata County | 9 | $5.8M | 0.5% | 14 | -5 |
| 18 | Logan County | 8 | $1.1M | 0.5% | 2 | +6 |
| 19 | Fremont County | 8 | $5.3M | 0.5% | 12 | -4 |
| 20 | Morgan County | 7 | $6.1M | 0.4% | 8 | -1 |
| 21 | Summit County | 7 | $2.4M | 0.4% | 26 | -19 |
| 22 | Clear Creek County | 7 | $6.0M | 0.4% | 6 | +1 |
| 23 | Teller County | 7 | $5.7M | 0.4% | 1 | +6 |
| 24 | Archuleta County | 7 | $7.7M | 0.4% | 4 | +3 |
| 25 | Elbert County | 6 | $824K | 0.3% | 7 | -1 |
| 26 | Pitkin County | 5 | $1.9M | 0.3% | 10 | -5 |
| 27 | San Miguel County | 5 | $333K | 0.3% | 0 | new |
| 28 | Delta County | 5 | $1.2M | 0.3% | 12 | -7 |
| 29 | Lake County | 5 | $1.3M | 0.3% | 0 | new |
| 30 | Alamosa County | 4 | $534K | 0.2% | 1 | +3 |
| 31 | Gunnison County | 3 | $421K | 0.2% | 10 | -7 |
| 32 | Montezuma County | 3 | $3.1M | 0.2% | 5 | -2 |
| 33 | Park County | 3 | $3.5M | 0.2% | 6 | -3 |
| 34 | Ouray County | 3 | $1.4M | 0.2% | 0 | new |
| 35 | Las Animas County | 3 | $452K | 0.2% | 2 | +1 |
| 36 | Rio Grande County | 2 | — | 0.1% | 0 | new |
| 37 | Lincoln County | 2 | — | 0.1% | 2 | 0 |
| 38 | Gilpin County | 2 | — | 0.1% | 0 | new |
| 39 | Chaffee County | 1 | — | 0.1% | 7 | -6 |
| 40 | Phillips County | 1 | — | 0.1% | 0 | new |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2017 against FY2016
| Colorado | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 1,593 | 1,815 |
| 7(a) dollars | $763M | $682M |
| Median 7(a) approval | $200K | $150K |
| 504 approvals | 168 | 181 |
| 504 dollars | $142M | $144M |
| Jobs supported, as reported | 16,589 | 16,598 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2017?
Wells Fargo Bank National Association (377), U.S. Bank, National Association (149), JPMorgan Chase Bank, National Association (133), B:Side Capital (122), Hanmi Bank (69). 95 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2017?
1,761: 1,593 under 7(a) worth $763M and 168 under 504 worth $142M.
Which Colorado counties had the most SBA approvals in FY2017?
Denver County (301), Arapahoe County (221), Jefferson County (220), El Paso County (170), Adams County (155).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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