Last annual update:
Large, nationwide banks were among the biggest lenders to “The Centennial State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Colorado:
Most active SBA banks near me in Colorado
| State Rank | Bank | Bank Headquarters | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | U.S. Bank | Cincinnati, OH | 366 | $177,223 | 8.3% |
| 2 | Wells Fargo | Sioux Falls, SD | 192 | $393,148 | 8.6% |
| 3 | Bank of the West | San Francisco, CA | 67 | $513,545 | 7.0% |
| 4 | JPMorgan Chase Bank | Columbus, OH | 55 | $302,756 | 8.4% |
| 5 | Live Oak | Wilmington, NC | 45 | $1,447,484 | 7.0% |
| 6 | Independent Bank | Mckinney, TX | 44 | $733,277 | 6.3% |
| 7 | Community Banks of Colorado | Greenwood Village, CO | 40 | $579,725 | 7.0% |
| 8 | Hanmi Bank | Los Angeles, CA | 37 | $794,676 | 7.0% |
| 9 | KeyBank | Cleveland, OH | 32 | $903,538 | 7.6% |
| 10 | Stearns Bank | Saint Cloud, MN | 31 | $266,771 | 8.1% |
| 11 | Zions Bank | Salt Lake City, UT | 30 | $197,263 | 9.7% |
| 12 | United Midwest Savings Bank | De Graff, OH | 30 | $146,667 | 8.0% |
| 13 | First Home Bank | Saint Petersburg, FL | 25 | $189,440 | 8.0% |
| 14 | Newtek Small Business Finance | Lake Success, NY | 24 | $666,750 | 8.3% |
| 15 | Seacoast Commerce Bank | San Diego, CA | 22 | $958,436 | 7.1% |
| 16 | United Community Bank | Blairsville, GA | 19 | $852,042 | 7.4% |
| 17 | Colorado Lending Source, Ltd. | Denver, CO | 18 | $159,922 | 9.9% |
| 18 | Midwest Regional Bank | Festus, MO | 17 | $1,150,312 | 8.1% |
| 19 | Berkshire Bank | Pittsfield, MA | 15 | $746,333 | 7.9% |
| 20 | Independence Bank | East Greenwich, RI | 15 | $145,000 | 7.1% |