FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Colorado, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 1,447 loans in Colorado: 1,301 under 7(a) and 146 under 504, worth $842M.
That is down 10% on FY2018, when there were 1,599 approvals worth $882M.
Colorado accounted for 2.5% of the 58,006 approvals nationwide that year. 119 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 210.
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 FY2019, of 119 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 210 | $83.5M | 14.5% | 239 | -29 |
| 2 | U.S. Bank, National Association | 7(a) | 190 | $30.4M | 13.1% | 157 | +33 |
| 3 | B:Side Capital | 504 | 112 | $94.0M | 7.7% | 118 | -6 |
| 4 | BMO Bank National Association | 7(a) | 70 | $37.4M | 4.8% | 50 | +20 |
| 5 | JPMorgan Chase Bank, National Association | 7(a) | 53 | $17.6M | 3.7% | 88 | -35 |
| 6 | Live Oak Banking Company | 7(a) | 44 | $60.2M | 3.0% | 32 | +12 |
| 7 | SouthState Bank, National Association | 7(a) | 40 | $26.4M | 2.8% | 44 | -4 |
| 8 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 37 | $24.8M | 2.6% | 21 | +16 |
| 9 | Hanmi Bank | 7(a) | 34 | $23.7M | 2.3% | 54 | -20 |
| 10 | KeyBank National Association | 7(a) | 33 | $25.2M | 2.3% | 44 | -11 |
| 11 | Stearns Bank National Association | 7(a) | 31 | $8.3M | 2.1% | 33 | -2 |
| 12 | BayFirst National Bank | 7(a) | 30 | $8.9M | 2.1% | 29 | +1 |
| 13 | PNC Bank, National Association | 7(a) | 29 | $30.8M | 2.0% | 49 | -20 |
| 14 | Zions Bank, A Division of | 7(a) | 23 | $8.9M | 1.6% | 28 | -5 |
| 15 | Preferred Lending Partners | 504 | 20 | $27.4M | 1.4% | 26 | -6 |
| 16 | Newtek Small Business Finance, Inc. | 7(a) | 20 | $11.8M | 1.4% | 15 | +5 |
| 17 | B:Side Capital | 7(a) | 20 | $3.3M | 1.4% | 19 | +1 |
| 18 | Enterprise Bank & Trust | 7(a) | 19 | $18.5M | 1.3% | 11 | +8 |
| 19 | Celtic Bank Corporation | 7(a) | 18 | $15.2M | 1.2% | 31 | -13 |
| 20 | United Community Bank | 7(a) | 18 | $13.2M | 1.2% | 6 | +12 |
| 21 | First National Bank of Omaha | 7(a) | 18 | $7.6M | 1.2% | 21 | -3 |
| 22 | United Midwest Savings Bank National Association | 7(a) | 18 | $2.6M | 1.2% | 19 | -1 |
| 23 | Midwest Regional Bank | 7(a) | 17 | $16.6M | 1.2% | 23 | -6 |
| 24 | Nicolet National Bank | 7(a) | 15 | $9.5M | 1.0% | 11 | +4 |
| 25 | Beacon Bank and Trust | 7(a) | 14 | $10.9M | 1.0% | 11 | +3 |
| 26 | UMB Bank, National Association | 7(a) | 12 | $7.4M | 0.8% | 14 | -2 |
| 27 | Northeast Bank | 7(a) | 12 | $1.8M | 0.8% | 19 | -7 |
| 28 | PromiseOne Bank | 7(a) | 11 | $13.1M | 0.8% | 13 | -2 |
| 29 | Pikes Peak Regional Development Corporation | 504 | 11 | $10.1M | 0.8% | 14 | -3 |
| 30 | Open Bank | 7(a) | 10 | $18.5M | 0.7% | 3 | +7 |
| 31 | Busey Bank | 7(a) | 10 | $9.7M | 0.7% | 15 | -5 |
| 32 | Bank of Hope | 7(a) | 10 | $7.6M | 0.7% | 8 | +2 |
| 33 | Five Star Bank | 7(a) | 10 | $2.3M | 0.7% | 10 | 0 |
| 34 | BOKF, National Association | 7(a) | 9 | $4.9M | 0.6% | 45 | -36 |
| 35 | DreamSpring | 7(a) | 9 | $1.1M | 0.6% | 15 | -6 |
| 36 | Byline Bank | 7(a) | 8 | $7.9M | 0.6% | 1 | +7 |
| 37 | First Bank | 7(a) | 7 | $4.3M | 0.5% | 3 | +4 |
| 38 | First Southwest Bank | 7(a) | 7 | $2.0M | 0.5% | 22 | -15 |
| 39 | Independence Bank | 7(a) | 7 | $1.0M | 0.5% | 18 | -11 |
| 40 | PCB Bank | 7(a) | 6 | $3.4M | 0.4% | 6 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 232 | $124M | 16.0% | 276 | -44 |
| 2 | El Paso County | 169 | $84.0M | 11.7% | 172 | -3 |
| 3 | Arapahoe County | 164 | $105M | 11.3% | 195 | -31 |
| 4 | Jefferson County | 159 | $97.1M | 11.0% | 203 | -44 |
| 5 | Adams County | 116 | $78.2M | 8.0% | 121 | -5 |
| 6 | Larimer County | 99 | $54.5M | 6.8% | 92 | +7 |
| 7 | Douglas County | 90 | $57.1M | 6.2% | 117 | -27 |
| 8 | Weld County | 89 | $54.6M | 6.2% | 61 | +28 |
| 9 | Boulder County | 85 | $47.3M | 5.9% | 123 | -38 |
| 10 | Mesa County | 29 | $16.9M | 2.0% | 22 | +7 |
| 11 | Garfield County | 21 | $5.9M | 1.5% | 19 | +2 |
| 12 | Pueblo County | 20 | $13.1M | 1.4% | 18 | +2 |
| 13 | Eagle County | 20 | $8.1M | 1.4% | 16 | +4 |
| 14 | Summit County | 19 | $11.1M | 1.3% | 14 | +5 |
| 15 | Montrose County | 15 | $8.4M | 1.0% | 11 | +4 |
| 16 | La Plata County | 14 | $4.0M | 1.0% | 16 | -2 |
| 17 | Grand County | 13 | $8.2M | 0.9% | 7 | +6 |
| 18 | Broomfield County | 12 | $10.6M | 0.8% | 17 | -5 |
| 19 | San Miguel County | 7 | $2.1M | 0.5% | 3 | +4 |
| 20 | Chaffee County | 7 | $4.0M | 0.5% | 4 | +3 |
| 21 | Elbert County | 7 | $7.7M | 0.5% | 14 | -7 |
| 22 | Teller County | 6 | $2.2M | 0.4% | 5 | +1 |
| 23 | Clear Creek County | 5 | $8.3M | 0.3% | 5 | 0 |
| 24 | Delta County | 4 | $359K | 0.3% | 5 | -1 |
| 25 | Routt County | 4 | $1.6M | 0.3% | 4 | 0 |
| 26 | Fremont County | 4 | $1.7M | 0.3% | 6 | -2 |
| 27 | Park County | 4 | $1.0M | 0.3% | 1 | +3 |
| 28 | Pitkin County | 3 | $970K | 0.2% | 8 | -5 |
| 29 | Archuleta County | 3 | $560K | 0.2% | 3 | 0 |
| 30 | Alamosa County | 3 | $744K | 0.2% | 3 | 0 |
| 31 | Lake County | 3 | $2.0M | 0.2% | 1 | +2 |
| 32 | Gunnison County | 2 | — | 0.1% | 7 | -5 |
| 33 | Lincoln County | 2 | — | 0.1% | 4 | -2 |
| 34 | Logan County | 2 | — | 0.1% | 1 | +1 |
| 35 | Otero County | 2 | — | 0.1% | 0 | new |
| 36 | Huerfano County | 2 | — | 0.1% | 1 | +1 |
| 37 | Rio Grande County | 1 | — | 0.1% | 3 | -2 |
| 38 | Dolores County | 1 | — | 0.1% | 1 | 0 |
| 39 | Morgan County | 1 | — | 0.1% | 4 | -3 |
| 40 | Prowers County | 1 | — | 0.1% | 0 | new |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2019 against FY2018
| Colorado | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 1,301 | 1,437 |
| 7(a) dollars | $704M | $731M |
| Median 7(a) approval | $250K | $227K |
| 504 approvals | 146 | 162 |
| 504 dollars | $137M | $152M |
| Jobs supported, as reported | 13,967 | 16,114 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2019?
Wells Fargo Bank National Association (210), U.S. Bank, National Association (190), B:Side Capital (112), BMO Bank National Association (70), JPMorgan Chase Bank, National Association (53). 119 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2019?
1,447: 1,301 under 7(a) worth $704M and 146 under 504 worth $137M.
Which Colorado counties had the most SBA approvals in FY2019?
Denver County (232), El Paso County (169), Arapahoe County (164), Jefferson County (159), Adams County (116).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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