SBA 504 · CO

SBA 504 lenders in Colorado

96 lenders provided the first lien on at least one SBA 504 project in Colorado in the 36 months ending September 30, 2026. Bank of Colorado made the most, with 31 of the 462 on record.

Evidence
Lender provided the first lien on at least one SBA 504 project in Colorado in the 36 months ending September 30, 2026
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
96
SBA FOIA,
First liens, 36 months
462
SBA FOIA,
Approvals, net of cancelled
Dollars, 36 months
$640M
SBA FOIA,
Approvals, last 12 months (funded or not)
155
SBA FOIA,
-3.1% from the prior 12 months

Cite this

Source: The Lender Report, SBA 504 lenders in Colorado, https://lender.report/sba-504-lenders/colorado/, data as of September 30, 2026.

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Colorado SBA 504 lenders, by loans in the state over 36 months. First 25 of 96.
LenderKindBased inFirst liensDollars
Bank of Colorado SBA 504 recordBankFort Collins, CO31$27.6M
JPMorgan Chase Bank, National Association SBA 504 recordBankColumbus, OH28$37.7M
Zions Bancorporation, N.A. SBA 504 recordBankSalt Lake City, UT24$26.1M
NBH Bank SBA 504 recordBankGreenwood Village, CO14$30.6M
PB&T Bank SBA 504 recordBankPueblo, CO13$17.3M
Adams Bank & TrustBankOgallala, NE12$34.4M
KeyBank National Association SBA 504 recordBankCleveland, OH12$15.4M
High Plains Bank SBA 504 recordBankFlagler, CO12$10.9M
First National Bank of Omaha SBA 504 recordBankOmaha, NE11$10.7M
Alpine BankBankGlenwood Springs, CO11$8.08M
ANB Bank SBA 504 recordBankDenver, CO11$6.53M
FirsTier Bank SBA 504 recordBankKimball, NE10$9.76M
Redstone BankBankCentennial, CO8$5.41M
Celtic Bank SBA 504 recordBankSalt Lake City, UT7$45.7M
Bank Five Nine SBA 504 recordBankOconomowoc, WI7$17.6M
First-Citizens Bank & Trust Company SBA 504 recordBankRaleigh, NC7$15.4M
Integrity Bank & Trust SBA 504 recordBankMonument, CO7$4.44M
SouthState Bank, National Association SBA 504 recordBankWinter Haven, FL6$8.04M
America First Credit Union SBA 504 recordCredit unionRiverdale, UT6$4.33M
Mountain Valley Bank SBA 504 recordBankWalden, CO6$3.69M
Live Oak Banking Company SBA 504 recordBankWilmington, NC5$21.2M
Busey Bank SBA 504 recordBankChampaign, IL5$17.7M
First Bank of the Lake SBA 504 recordBankOsage Beach, MO5$11.1M
Fortis Bank SBA 504 recordBankDenver, CO5$8.83M
Glacier Bank SBA 504 recordBankKalispell, MT5$8.67M
SBA FOIA,

See all 96 SBA 504 lenders in Colorado in Loan Comps

Dollars are first-lien amounts on SBA 504 approvals.

  • Lenders recorded 462 SBA 504 first liens totaling $640.3M in Colorado in the 36 months ending September 30, 2026. SBA FOIA,
  • Banks and savings institutions made 391 of those, credit unions 14, and non-banks 7. SBA FOIA,
  • The five most active lenders made 23.8% of Colorado's SBA 504 first liens. SBA FOIA,
  • Celtic Bank recorded the most dollars in Colorado, at $45.7M. SBA FOIA,
  • 30 of these lenders are based in Colorado. SBA FOIA,
  • 12 lenders recorded 10 or more SBA 504 first liens in Colorado. SBA FOIA,
  • 50 of these first liens were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 155 SBA 504 approvals in Colorado dated in the 12 months to September 30, 2026, versus 160 in the prior 12 months. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
  • The typical SBA 504 first lien in Colorado was about $720K, with the middle half between $400K and $1.4M. SBA FOIA,
  • The median term in Colorado was 25 years. SBA FOIA,

How this list is defined

Measure
SBA 504 first liens in Colorado
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 504 projects located in Colorado with an approval date in the 36 months ending September 30, 2026, not cancelled, that name the lender as first-lien lender.
Order
Largest first by first liens in the 36 months, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

Is your institution on this list? Show your rank. It carries the date and links back to this page.

An SBA 504 project pairs a first-lien lender with a Certified Development Company that funds a second lien, for owner-occupied real estate and equipment.

SBA 504 figures count the first-lien lender on each SBA approval. A project marked not funded is often recent and awaiting funding.

Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.