FY20251 Oct 2024 – 30 Sep 2025
SBA loans in Colorado, FY2025
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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 2,408 loans in Colorado: 2,242 under 7(a) and 166 under 504, worth $1.37bn.
That is up 23% on FY2024, when there were 1,953 approvals worth $1.10bn.
Colorado accounted for 2.8% of the 84,840 approvals nationwide that year. 160 lenders had at least one approval in the state; The Huntington National Bank had the most, 315.
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 FY2025, of 160 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 315 | $121M | 13.1% | 307 | +8 |
| 2 | Northeast Bank | 7(a) | 204 | $34.0M | 8.5% | 57 | +147 |
| 3 | U.S. Bank, National Association | 7(a) | 164 | $29.3M | 6.8% | 149 | +15 |
| 4 | Newtek Bank, National Association | 7(a) | 153 | $73.5M | 6.4% | 92 | +61 |
| 5 | B:Side Capital | 504 | 104 | $96.6M | 4.3% | 89 | +15 |
| 6 | Zions Bank, A Division of | 7(a) | 100 | $18.0M | 4.2% | 30 | +70 |
| 7 | Live Oak Banking Company | 7(a) | 97 | $117M | 4.0% | 76 | +21 |
| 8 | Readycap Lending, LLC | 7(a) | 79 | $25.8M | 3.3% | 89 | -10 |
| 9 | JPMorgan Chase Bank, National Association | 7(a) | 77 | $33.2M | 3.2% | 76 | +1 |
| 10 | Wells Fargo Bank National Association | 7(a) | 63 | $26.1M | 2.6% | 103 | -40 |
| 11 | KeyBank National Association | 7(a) | 58 | $10.3M | 2.4% | 51 | +7 |
| 12 | BayFirst National Bank | 7(a) | 55 | $9.1M | 2.3% | 78 | -23 |
| 13 | Hanmi Bank | 7(a) | 50 | $44.9M | 2.1% | 36 | +14 |
| 14 | Colorado Enterprise Fund | 7(a) | 46 | $7.7M | 1.9% | 38 | +8 |
| 15 | Celtic Bank Corporation | 7(a) | 41 | $14.4M | 1.7% | 30 | +11 |
| 16 | Lendistry SBLC, LLC | 7(a) | 39 | $8.4M | 1.6% | 17 | +22 |
| 17 | Mountain West Small Business Finance | 504 | 38 | $48.2M | 1.6% | 41 | -3 |
| 18 | First Internet Bank of Indiana | 7(a) | 31 | $33.0M | 1.3% | 26 | +5 |
| 19 | Bank of Hope | 7(a) | 30 | $23.9M | 1.2% | 16 | +14 |
| 20 | Integrity Bank & Trust | 7(a) | 26 | $7.9M | 1.1% | 24 | +2 |
| 21 | Community Banks of Colorado, A Division of NBH Bank | 7(a) | 24 | $15.7M | 1.0% | 11 | +13 |
| 22 | SouthState Bank, National Association | 7(a) | 23 | $24.4M | 1.0% | 17 | +6 |
| 23 | Nicolet National Bank | 7(a) | 22 | $21.4M | 0.9% | 11 | +11 |
| 24 | United Midwest Savings Bank National Association | 7(a) | 22 | $5.0M | 0.9% | 26 | -4 |
| 25 | Byline Bank | 7(a) | 18 | $23.8M | 0.7% | 19 | -1 |
| 26 | VelocitySBA, LLC | 7(a) | 18 | $17.4M | 0.7% | 13 | +5 |
| 27 | Northwest Bank | 7(a) | 14 | $7.8M | 0.6% | 4 | +10 |
| 28 | FMS Bank | 7(a) | 13 | $10.4M | 0.5% | 9 | +4 |
| 29 | Pikes Peak Regional Development Corporation | 504 | 13 | $7.9M | 0.5% | 10 | +3 |
| 30 | Fortis Bank | 7(a) | 12 | $13.0M | 0.5% | 13 | -1 |
| 31 | Citizens Bank | 7(a) | 12 | $7.7M | 0.5% | 11 | +1 |
| 32 | First Bank of the Lake | 7(a) | 12 | $5.5M | 0.5% | 23 | -11 |
| 33 | FirstBank | 7(a) | 11 | $17.4M | 0.5% | 4 | +7 |
| 34 | T Bank, National Association | 7(a) | 11 | $13.4M | 0.5% | 11 | 0 |
| 35 | Glacier Bank | 7(a) | 11 | $11.9M | 0.5% | 3 | +8 |
| 36 | Busey Bank | 7(a) | 10 | $5.7M | 0.4% | 11 | -1 |
| 37 | UMB Bank, National Association | 7(a) | 10 | $4.3M | 0.4% | 18 | -8 |
| 38 | Stone Bank | 7(a) | 10 | $3.1M | 0.4% | 0 | new |
| 39 | Enterprise Bank & Trust | 7(a) | 9 | $17.0M | 0.4% | 8 | +1 |
| 40 | Fifth Third Bank | 7(a) | 9 | $14.6M | 0.4% | 2 | +7 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2024 | Change |
|---|---|---|---|---|---|---|
| 1 | Denver County | 359 | $188M | 14.9% | 282 | +77 |
| 2 | Arapahoe County | 312 | $182M | 13.0% | 288 | +24 |
| 3 | El Paso County | 290 | $144M | 12.0% | 247 | +43 |
| 4 | Jefferson County | 264 | $149M | 11.0% | 188 | +76 |
| 5 | Douglas County | 193 | $97.1M | 8.0% | 132 | +61 |
| 6 | Adams County | 192 | $118M | 8.0% | 159 | +33 |
| 7 | Boulder County | 163 | $90.1M | 6.8% | 137 | +26 |
| 8 | Larimer County | 139 | $101M | 5.8% | 111 | +28 |
| 9 | Weld County | 90 | $63.9M | 3.7% | 106 | -16 |
| 10 | Mesa County | 53 | $32.3M | 2.2% | 51 | +2 |
| 11 | Pueblo County | 47 | $20.3M | 2.0% | 26 | +21 |
| 12 | La Plata County | 31 | $11.0M | 1.3% | 15 | +16 |
| 13 | Eagle County | 31 | $16.2M | 1.3% | 23 | +8 |
| 14 | Broomfield County | 29 | $14.5M | 1.2% | 21 | +8 |
| 15 | Summit County | 28 | $16.3M | 1.2% | 15 | +13 |
| 16 | Garfield County | 24 | $18.9M | 1.0% | 13 | +11 |
| 17 | Routt County | 17 | $3.4M | 0.7% | 12 | +5 |
| 18 | Elbert County | 14 | $4.3M | 0.6% | 15 | -1 |
| 19 | Montrose County | 11 | $5.9M | 0.5% | 8 | +3 |
| 20 | Chaffee County | 10 | $15.2M | 0.4% | 7 | +3 |
| 21 | Teller County | 10 | $7.9M | 0.4% | 5 | +5 |
| 22 | Grand County | 10 | $14.1M | 0.4% | 11 | -1 |
| 23 | Morgan County | 9 | $6.2M | 0.4% | 3 | +6 |
| 24 | Montezuma County | 9 | $4.3M | 0.4% | 6 | +3 |
| 25 | Moffat County | 8 | $2.3M | 0.3% | 3 | +5 |
| 26 | Gunnison County | 7 | $4.3M | 0.3% | 5 | +2 |
| 27 | Pitkin County | 6 | $15.0M | 0.2% | 3 | +3 |
| 28 | Delta County | 5 | $2.3M | 0.2% | 7 | -2 |
| 29 | Fremont County | 5 | $1.2M | 0.2% | 10 | -5 |
| 30 | Lincoln County | 4 | $6.7M | 0.2% | 1 | +3 |
| 31 | Archuleta County | 4 | $3.8M | 0.2% | 4 | 0 |
| 32 | Lake County | 4 | $2.5M | 0.2% | 3 | +1 |
| 33 | Park County | 3 | $2.0M | 0.1% | 3 | 0 |
| 34 | Rio Blanco County | 3 | $939K | 0.1% | 2 | +1 |
| 35 | San Miguel County | 2 | — | 0.1% | 1 | +1 |
| 36 | Logan County | 2 | — | 0.1% | 1 | +1 |
| 37 | Custer County | 2 | — | 0.1% | 2 | 0 |
| 38 | Gilpin County | 2 | — | 0.1% | 0 | new |
| 39 | Alamosa County | 2 | — | 0.1% | 3 | -1 |
| 40 | Kit Carson County | 2 | — | 0.1% | 0 | new |
The 40 counties with the most approvals; every county is on the Colorado page.
FY2025 against FY2024
| Colorado | FY2025 | FY2024 |
|---|---|---|
| 7(a) approvals | 2,242 | 1,797 |
| 7(a) dollars | $1.21bn | $936M |
| Median 7(a) approval | $225K | $200K |
| 504 approvals | 166 | 156 |
| 504 dollars | $163M | $164M |
| Jobs supported, as reported | 24,554 | 19,069 |
Questions and answers
Which lenders made the most SBA loans in Colorado in FY2025?
The Huntington National Bank (315), Northeast Bank (204), U.S. Bank, National Association (164), Newtek Bank, National Association (153), B:Side Capital (104). 160 lenders had at least one approval.
How many SBA loans were approved in Colorado in FY2025?
2,408: 2,242 under 7(a) worth $1.21bn and 166 under 504 worth $163M.
Which Colorado counties had the most SBA approvals in FY2025?
Denver County (359), Arapahoe County (312), El Paso County (290), Jefferson County (264), Douglas County (193).
When does FY2025 start and end?
The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.
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