Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Colorado.
In 2022 there were 128 SBA lenders that approved 1,240 SBA 7(a) loans for projects in Colorado totaling $844,956,700. The average loan amount was $681,417. Borrowers from 139 cities were approved for projects in Colorado for 292 industries. The SBA loan approvals in 2022 represent 14,407 jobs supported or saved in Colorado.
There were 129 franchise branded businesses receiving 211 loan approvals for $150,020,400 with an average loan amount of $710,997.
Our forecast model projects $916 million in total Colorado SBA 7(a) loan approval amounts in 2023 with $162 million to franchise businesses.
Colorado Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Colorado Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
