FY20221 Oct 2021 – 30 Sep 2022
SBA loans in Colorado, FY2022
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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 1,361 loans in Colorado: 1,128 under 7(a) and 233 under 504, worth $987M.
That is down 22% on FY2021, when there were 1,752 approvals worth $1.39bn.
Colorado accounted for 2.4% of the 56,932 approvals nationwide that year. 127 lenders had at least one approval in the state; B:Side Capital had the most, 172.
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 FY2022, of 127 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2021 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 194 | $142M | 14.3% | 268 | -74 |
| 2 | Arapahoe County | 159 | $119M | 11.7% | 199 | -40 |
| 3 | El Paso County | 156 | $108M | 11.5% | 166 | -10 |
| 4 | Jefferson County | 154 | $118M | 11.3% | 178 | -24 |
| 5 | Adams County | 106 | $70.9M | 7.8% | 130 | -24 |
| 6 | Boulder County | 93 | $70.3M | 6.8% | 107 | -14 |
| 7 | Larimer County | 85 | $60.6M | 6.2% | 126 | -41 |
| 8 | Douglas County | 74 | $53.7M | 5.4% | 109 | -35 |
| 9 | Weld County | 72 | $54.9M | 5.3% | 100 | -28 |
| 10 | Garfield County | 29 | $17.9M | 2.1% | 26 | +3 |
| 11 | Mesa County | 28 | $24.4M | 2.1% | 37 | -9 |
| 12 | Broomfield County | 26 | $16.5M | 1.9% | 20 | +6 |
| 13 | La Plata County | 22 | $7.1M | 1.6% | 42 | -20 |
| 14 | Pueblo County | 20 | $13.4M | 1.5% | 22 | -2 |
| 15 | Summit County | 15 | $18.5M | 1.1% | 19 | -4 |
| 16 | Eagle County | 14 | $9.8M | 1.0% | 20 | -6 |
| 17 | Chaffee County | 12 | $12.3M | 0.9% | 4 | +8 |
| 18 | Routt County | 9 | $6.6M | 0.7% | 9 | 0 |
| 19 | Montrose County | 8 | $2.5M | 0.6% | 15 | -7 |
| 20 | Morgan County | 8 | $4.5M | 0.6% | 2 | +6 |
| 21 | Teller County | 8 | $6.6M | 0.6% | 11 | -3 |
| 22 | Elbert County | 7 | $2.0M | 0.5% | 10 | -3 |
| 23 | Archuleta County | 7 | $2.6M | 0.5% | 10 | -3 |
| 24 | Fremont County | 6 | $4.6M | 0.4% | 2 | +4 |
| 25 | Clear Creek County | 5 | $6.6M | 0.4% | 9 | -4 |
| 26 | Montezuma County | 5 | $1.8M | 0.4% | 16 | -11 |
| 27 | Grand County | 5 | $4.0M | 0.4% | 7 | -2 |
| 28 | Rio Grande County | 4 | $5.0M | 0.3% | 4 | 0 |
| 29 | Pitkin County | 4 | $1.7M | 0.3% | 9 | -5 |
| 30 | Delta County | 4 | $1.7M | 0.3% | 7 | -3 |
| 31 | Park County | 3 | $867K | 0.2% | 1 | +2 |
| 32 | Moffat County | 3 | $6.4M | 0.2% | 9 | -6 |
| 33 | Logan County | 2 | — | 0.1% | 2 | 0 |
| 34 | Prowers County | 2 | — | 0.1% | 0 | new |
| 35 | Alamosa County | 2 | — | 0.1% | 9 | -7 |
| 36 | Lake County | 2 | — | 0.1% | 6 | -4 |
| 37 | Lincoln County | 1 | — | 0.1% | 3 | -2 |
| 38 | Saguache County | 1 | — | 0.1% | 6 | -5 |
| 39 | Gilpin County | 1 | — | 0.1% | 0 | new |
| 40 | Yuma County | 1 | — | 0.1% | 0 | new |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2022 against FY2021
| Colorado | FY2022 | FY2021 |
|---|---|---|
| 7(a) approvals | 1,128 | 1,449 |
| 7(a) dollars | $770M | $1.15bn |
| Median 7(a) approval | $330K | $415K |
| 504 approvals | 233 | 303 |
| 504 dollars | $217M | $239M |
| Jobs supported, as reported | 14,662 | 19,942 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2022?
B:Side Capital (172), The Huntington National Bank (118), U.S. Bank, National Association (84), Wells Fargo Bank National Association (75), Live Oak Banking Company (73). 127 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2022?
1,361: 1,128 under 7(a) worth $770M and 233 under 504 worth $217M.
Which Colorado counties had the most SBA approvals in FY2022?
Denver County (194), Arapahoe County (159), El Paso County (156), Jefferson County (154), Adams County (106).
When does FY2022 start and end?
The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.
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