FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Colorado, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 1,752 loans in Colorado: 1,449 under 7(a) and 303 under 504, worth $1.39bn.
That is up 34% on FY2020, when there were 1,304 approvals worth $867M.
Colorado accounted for 2.8% of the 61,532 approvals nationwide that year. 144 lenders had at least one approval in the state; B:Side Capital had the most, 230.
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 FY2021, of 144 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 268 | $193M | 15.3% | 184 | +84 |
| 2 | Arapahoe County | 199 | $173M | 11.4% | 170 | +29 |
| 3 | Jefferson County | 178 | $153M | 10.2% | 153 | +25 |
| 4 | El Paso County | 166 | $121M | 9.5% | 155 | +11 |
| 5 | Adams County | 130 | $120M | 7.4% | 99 | +31 |
| 6 | Larimer County | 126 | $114M | 7.2% | 88 | +38 |
| 7 | Douglas County | 109 | $97.4M | 6.2% | 77 | +32 |
| 8 | Boulder County | 107 | $85.2M | 6.1% | 74 | +33 |
| 9 | Weld County | 100 | $85.5M | 5.7% | 73 | +27 |
| 10 | La Plata County | 42 | $20.2M | 2.4% | 14 | +28 |
| 11 | Mesa County | 37 | $34.3M | 2.1% | 27 | +10 |
| 12 | Garfield County | 26 | $22.6M | 1.5% | 17 | +9 |
| 13 | Pueblo County | 22 | $25.5M | 1.3% | 16 | +6 |
| 14 | Broomfield County | 20 | $10.7M | 1.1% | 25 | -5 |
| 15 | Eagle County | 20 | $22.6M | 1.1% | 13 | +7 |
| 16 | Summit County | 19 | $6.9M | 1.1% | 16 | +3 |
| 17 | Montezuma County | 16 | $3.4M | 0.9% | 4 | +12 |
| 18 | Montrose County | 15 | $8.7M | 0.9% | 12 | +3 |
| 19 | Gunnison County | 14 | $6.3M | 0.8% | 8 | +6 |
| 20 | Teller County | 11 | $8.1M | 0.6% | 5 | +6 |
| 21 | Elbert County | 10 | $11.2M | 0.6% | 2 | +8 |
| 22 | Archuleta County | 10 | $5.7M | 0.6% | 7 | +3 |
| 23 | Pitkin County | 9 | $5.5M | 0.5% | 8 | +1 |
| 24 | Clear Creek County | 9 | $8.3M | 0.5% | 1 | +8 |
| 25 | Routt County | 9 | $5.1M | 0.5% | 5 | +4 |
| 26 | Moffat County | 9 | $4.3M | 0.5% | 1 | +8 |
| 27 | Alamosa County | 9 | $3.1M | 0.5% | 4 | +5 |
| 28 | Delta County | 7 | $4.1M | 0.4% | 6 | +1 |
| 29 | Grand County | 7 | $3.4M | 0.4% | 11 | -4 |
| 30 | Saguache County | 6 | $1.4M | 0.3% | 1 | +5 |
| 31 | Lake County | 6 | $1.9M | 0.3% | 3 | +3 |
| 32 | Rio Grande County | 4 | $4.3M | 0.2% | 3 | +1 |
| 33 | San Miguel County | 4 | $2.2M | 0.2% | 2 | +2 |
| 34 | Chaffee County | 4 | $2.3M | 0.2% | 3 | +1 |
| 35 | Kit Carson County | 4 | $2.5M | 0.2% | 3 | +1 |
| 36 | Lincoln County | 3 | $3.0M | 0.2% | 2 | +1 |
| 37 | Conejos County | 3 | $495K | 0.2% | 1 | +2 |
| 38 | Morgan County | 2 | — | 0.1% | 1 | +1 |
| 39 | Logan County | 2 | — | 0.1% | 2 | 0 |
| 40 | Fremont County | 2 | — | 0.1% | 2 | 0 |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2021 against FY2020
| Colorado | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 1,449 | 1,123 |
| 7(a) dollars | $1.15bn | $716M |
| Median 7(a) approval | $415K | $300K |
| 504 approvals | 303 | 181 |
| 504 dollars | $239M | $151M |
| Jobs supported, as reported | 19,942 | 13,856 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2021?
B:Side Capital (230), Wells Fargo Bank National Association (108), U.S. Bank, National Association (80), Live Oak Banking Company (75), First Southwest Bank (67). 144 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2021?
1,752: 1,449 under 7(a) worth $1.15bn and 303 under 504 worth $239M.
Which Colorado counties had the most SBA approvals in FY2021?
Denver County (268), Arapahoe County (199), Jefferson County (178), El Paso County (166), Adams County (130).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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