FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Colorado, FY2018
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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 1,599 loans in Colorado: 1,437 under 7(a) and 162 under 504, worth $882M.
That is down 9% on FY2017, when there were 1,761 approvals worth $905M.
Colorado accounted for 2.4% of the 66,228 approvals nationwide that year. 104 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 239.
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 FY2018, of 104 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 239 | $91.5M | 14.9% | 377 | -138 |
| 2 | U.S. Bank, National Association | 7(a) | 157 | $14.3M | 9.8% | 149 | +8 |
| 3 | B:Side Capital | 504 | 118 | $102M | 7.4% | 122 | -4 |
| 4 | JPMorgan Chase Bank, National Association | 7(a) | 88 | $32.5M | 5.5% | 133 | -45 |
| 5 | Hanmi Bank | 7(a) | 54 | $38.7M | 3.4% | 69 | -15 |
| 6 | BMO Bank National Association | 7(a) | 50 | $35.4M | 3.1% | 55 | -5 |
| 7 | PNC Bank, National Association | 7(a) | 49 | $30.4M | 3.1% | 64 | -15 |
| 8 | BOKF, National Association | 7(a) | 45 | $25.4M | 2.8% | 51 | -6 |
| 9 | SouthState Bank, National Association | 7(a) | 44 | $25.4M | 2.8% | 50 | -6 |
| 10 | KeyBank National Association | 7(a) | 44 | $19.4M | 2.8% | 61 | -17 |
| 11 | Stearns Bank National Association | 7(a) | 33 | $9.1M | 2.1% | 39 | -6 |
| 12 | Live Oak Banking Company | 7(a) | 32 | $49.1M | 2.0% | 44 | -12 |
| 13 | Celtic Bank Corporation | 7(a) | 31 | $7.3M | 1.9% | 47 | -16 |
| 14 | BayFirst National Bank | 7(a) | 29 | $6.2M | 1.8% | 31 | -2 |
| 15 | Zions Bank, A Division of | 7(a) | 28 | $4.5M | 1.8% | 13 | +15 |
| 16 | Preferred Lending Partners | 504 | 26 | $29.6M | 1.6% | 24 | +2 |
| 17 | Midwest Regional Bank | 7(a) | 23 | $29.3M | 1.4% | 22 | +1 |
| 18 | First Southwest Bank | 7(a) | 22 | $8.2M | 1.4% | 6 | +16 |
| 19 | First National Bank of Omaha | 7(a) | 21 | $12.4M | 1.3% | 13 | +8 |
| 20 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 21 | $11.7M | 1.3% | 34 | -13 |
| 21 | United Midwest Savings Bank National Association | 7(a) | 19 | $4.4M | 1.2% | 7 | +12 |
| 22 | B:Side Capital | 7(a) | 19 | $3.2M | 1.2% | 19 | 0 |
| 23 | Northeast Bank | 7(a) | 19 | $3.2M | 1.2% | 19 | 0 |
| 24 | Readycap Lending, LLC | 7(a) | 18 | $17.2M | 1.1% | 4 | +14 |
| 25 | Independence Bank | 7(a) | 18 | $1.9M | 1.1% | 17 | +1 |
| 26 | Busey Bank | 7(a) | 15 | $13.8M | 0.9% | 12 | +3 |
| 27 | First National Bank | 7(a) | 15 | $9.2M | 0.9% | 8 | +7 |
| 28 | Newtek Small Business Finance, Inc. | 7(a) | 15 | $4.2M | 0.9% | 7 | +8 |
| 29 | DreamSpring | 7(a) | 15 | $1.3M | 0.9% | 15 | 0 |
| 30 | Pikes Peak Regional Development Corporation | 504 | 14 | $13.8M | 0.9% | 21 | -7 |
| 31 | UMB Bank, National Association | 7(a) | 14 | $7.7M | 0.9% | 12 | +2 |
| 32 | PromiseOne Bank | 7(a) | 13 | $11.5M | 0.8% | 10 | +3 |
| 33 | Timberline Bank | 7(a) | 12 | $1.5M | 0.8% | 8 | +4 |
| 34 | Nicolet National Bank | 7(a) | 11 | $15.6M | 0.7% | 0 | new |
| 35 | Beacon Bank and Trust | 7(a) | 11 | $9.8M | 0.7% | 1 | +10 |
| 36 | Enterprise Bank & Trust | 7(a) | 11 | $7.6M | 0.7% | 15 | -4 |
| 37 | Happen Bank | 7(a) | 10 | $8.1M | 0.6% | 7 | +3 |
| 38 | FirstBank | 7(a) | 10 | $3.6M | 0.6% | 5 | +5 |
| 39 | Five Star Bank | 7(a) | 10 | $1.9M | 0.6% | 3 | +7 |
| 40 | BankUnited, National Association | 7(a) | 9 | $9.4M | 0.6% | 8 | +1 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 276 | $157M | 17.3% | 301 | -25 |
| 2 | Jefferson County | 203 | $86.3M | 12.7% | 220 | -17 |
| 3 | Arapahoe County | 195 | $120M | 12.2% | 221 | -26 |
| 4 | El Paso County | 172 | $96.9M | 10.8% | 170 | +2 |
| 5 | Boulder County | 123 | $67.4M | 7.7% | 117 | +6 |
| 6 | Adams County | 121 | $81.3M | 7.6% | 155 | -34 |
| 7 | Douglas County | 117 | $68.1M | 7.3% | 119 | -2 |
| 8 | Larimer County | 92 | $39.3M | 5.8% | 107 | -15 |
| 9 | Weld County | 61 | $44.9M | 3.8% | 84 | -23 |
| 10 | Mesa County | 22 | $6.1M | 1.4% | 37 | -15 |
| 11 | Garfield County | 19 | $5.9M | 1.2% | 15 | +4 |
| 12 | Pueblo County | 18 | $12.8M | 1.1% | 20 | -2 |
| 13 | Broomfield County | 17 | $10.8M | 1.1% | 33 | -16 |
| 14 | La Plata County | 16 | $6.1M | 1.0% | 9 | +7 |
| 15 | Eagle County | 16 | $12.6M | 1.0% | 26 | -10 |
| 16 | Summit County | 14 | $7.3M | 0.9% | 7 | +7 |
| 17 | Elbert County | 14 | $7.5M | 0.9% | 6 | +8 |
| 18 | Montrose County | 11 | $3.0M | 0.7% | 11 | 0 |
| 19 | Pitkin County | 8 | $229K | 0.5% | 5 | +3 |
| 20 | Gunnison County | 7 | $4.0M | 0.4% | 3 | +4 |
| 21 | Montezuma County | 7 | $6.0M | 0.4% | 3 | +4 |
| 22 | Grand County | 7 | $4.9M | 0.4% | 0 | new |
| 23 | Fremont County | 6 | $6.3M | 0.4% | 8 | -2 |
| 24 | Delta County | 5 | $800K | 0.3% | 5 | 0 |
| 25 | Clear Creek County | 5 | $733K | 0.3% | 7 | -2 |
| 26 | Teller County | 5 | $688K | 0.3% | 7 | -2 |
| 27 | Lincoln County | 4 | $4.0M | 0.3% | 2 | +2 |
| 28 | Morgan County | 4 | $4.5M | 0.3% | 7 | -3 |
| 29 | Chaffee County | 4 | $1.3M | 0.3% | 1 | +3 |
| 30 | Routt County | 4 | $3.9M | 0.3% | 10 | -6 |
| 31 | Rio Grande County | 3 | $300K | 0.2% | 2 | +1 |
| 32 | San Miguel County | 3 | $960K | 0.2% | 5 | -2 |
| 33 | Archuleta County | 3 | $2.3M | 0.2% | 7 | -4 |
| 34 | Moffat County | 3 | $2.1M | 0.2% | 1 | +2 |
| 35 | Alamosa County | 3 | $946K | 0.2% | 4 | -1 |
| 36 | Ouray County | 2 | — | 0.1% | 3 | -1 |
| 37 | Dolores County | 1 | — | 0.1% | 0 | new |
| 38 | Logan County | 1 | — | 0.1% | 8 | -7 |
| 39 | Conejos County | 1 | — | 0.1% | 0 | new |
| 40 | Park County | 1 | — | 0.1% | 3 | -2 |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2018 against FY2017
| Colorado | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 1,437 | 1,593 |
| 7(a) dollars | $731M | $763M |
| Median 7(a) approval | $227K | $200K |
| 504 approvals | 162 | 168 |
| 504 dollars | $152M | $142M |
| Jobs supported, as reported | 16,114 | 16,589 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2018?
Wells Fargo Bank National Association (239), U.S. Bank, National Association (157), B:Side Capital (118), JPMorgan Chase Bank, National Association (88), Hanmi Bank (54). 104 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2018?
1,599: 1,437 under 7(a) worth $731M and 162 under 504 worth $152M.
Which Colorado counties had the most SBA approvals in FY2018?
Denver County (276), Jefferson County (203), Arapahoe County (195), El Paso County (172), Boulder County (123).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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