FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Colorado, FY2020
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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 1,304 loans in Colorado: 1,123 under 7(a) and 181 under 504, worth $867M.
That is down 10% on FY2019, when there were 1,447 approvals worth $842M.
Colorado accounted for 2.6% of the 49,417 approvals nationwide that year. 117 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 156.
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 FY2020, of 117 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 184 | $115M | 14.1% | 232 | -48 |
| 2 | Arapahoe County | 170 | $125M | 13.0% | 164 | +6 |
| 3 | El Paso County | 155 | $88.1M | 11.9% | 169 | -14 |
| 4 | Jefferson County | 153 | $107M | 11.7% | 159 | -6 |
| 5 | Adams County | 99 | $92.3M | 7.6% | 116 | -17 |
| 6 | Larimer County | 88 | $46.4M | 6.7% | 99 | -11 |
| 7 | Douglas County | 77 | $46.5M | 5.9% | 90 | -13 |
| 8 | Boulder County | 74 | $40.0M | 5.7% | 85 | -11 |
| 9 | Weld County | 73 | $55.8M | 5.6% | 89 | -16 |
| 10 | Mesa County | 27 | $14.4M | 2.1% | 29 | -2 |
| 11 | Broomfield County | 25 | $12.1M | 1.9% | 12 | +13 |
| 12 | Garfield County | 17 | $10.6M | 1.3% | 21 | -4 |
| 13 | Pueblo County | 16 | $10.1M | 1.2% | 20 | -4 |
| 14 | Summit County | 16 | $8.7M | 1.2% | 19 | -3 |
| 15 | La Plata County | 14 | $17.9M | 1.1% | 14 | 0 |
| 16 | Eagle County | 13 | $10.1M | 1.0% | 20 | -7 |
| 17 | Montrose County | 12 | $8.0M | 0.9% | 15 | -3 |
| 18 | Grand County | 11 | $12.6M | 0.8% | 13 | -2 |
| 19 | Pitkin County | 8 | $3.5M | 0.6% | 3 | +5 |
| 20 | Gunnison County | 8 | $4.0M | 0.6% | 2 | +6 |
| 21 | Archuleta County | 7 | $1.4M | 0.5% | 3 | +4 |
| 22 | Delta County | 6 | $6.7M | 0.5% | 4 | +2 |
| 23 | Routt County | 5 | $2.6M | 0.4% | 4 | +1 |
| 24 | Teller County | 5 | $2.9M | 0.4% | 6 | -1 |
| 25 | Montezuma County | 4 | $344K | 0.3% | 0 | new |
| 26 | Alamosa County | 4 | $1.1M | 0.3% | 3 | +1 |
| 27 | Rio Grande County | 3 | $1.0M | 0.2% | 1 | +2 |
| 28 | Chaffee County | 3 | $1.3M | 0.2% | 7 | -4 |
| 29 | Lake County | 3 | $1.7M | 0.2% | 3 | 0 |
| 30 | Kit Carson County | 3 | $2.8M | 0.2% | 0 | new |
| 31 | San Miguel County | 2 | — | 0.2% | 7 | -5 |
| 32 | Lincoln County | 2 | — | 0.2% | 2 | 0 |
| 33 | Logan County | 2 | — | 0.2% | 2 | 0 |
| 34 | Elbert County | 2 | — | 0.2% | 7 | -5 |
| 35 | Fremont County | 2 | — | 0.2% | 4 | -2 |
| 36 | Park County | 2 | — | 0.2% | 4 | -2 |
| 37 | Morgan County | 1 | — | 0.1% | 1 | 0 |
| 38 | Clear Creek County | 1 | — | 0.1% | 5 | -4 |
| 39 | Phillips County | 1 | — | 0.1% | 0 | new |
| 40 | Conejos County | 1 | — | 0.1% | 0 | new |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2020 against FY2019
| Colorado | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 1,123 | 1,301 |
| 7(a) dollars | $716M | $704M |
| Median 7(a) approval | $300K | $250K |
| 504 approvals | 181 | 146 |
| 504 dollars | $151M | $137M |
| Jobs supported, as reported | 13,856 | 13,967 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2020?
U.S. Bank, National Association (156), B:Side Capital (133), Wells Fargo Bank National Association (117), SouthState Bank, National Association (51), BMO Bank National Association (49). 117 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2020?
1,304: 1,123 under 7(a) worth $716M and 181 under 504 worth $151M.
Which Colorado counties had the most SBA approvals in FY2020?
Denver County (184), Arapahoe County (170), El Paso County (155), Jefferson County (153), Adams County (99).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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