SBA 7(a) lenders in Montrose, CO

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

40 institutions have SBA 7(a) loans on record in Montrose, together $86.7M across 175 loans. Timberline Bank is the largest, with 13% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Timberline Bank	28	$11.3M	13.1%	0.00%
2	Wells Fargo Bank National Association	40	$9.8M	11.3%	0.07%
3	Live Oak Banking Company	3	$7.2M	8.3%	0.00%
4	U.S. Bank, National Association	18	$6.5M	7.5%	0.00%
5	Zions Bank, A Division of	25	$5.7M	6.5%	0.00%
6	PNC Bank, National Association	2	$5.1M	5.9%	0.00%
7	First Internet Bank of Indiana	2	$4.8M	5.5%	0.00%
8	Open Bank	2	$4.1M	4.7%	0.00%
9	Southwestern National Bank	1	$3.5M	4.0%	0.00%
10	Readycap Lending, LLC	3	$2.6M	3.0%	0.00%
11	The Western State Bank	1	$2.0M	2.3%	0.00%
12	Mission Valley Bank	1	$2.0M	2.3%	0.00%
13	BMO Bank National Association	4	$1.9M	2.2%	0.00%
14	Celtic Bank Corporation	2	$1.8M	2.1%	0.00%
15	Alpine Bank	1	$1.6M	1.9%	0.00%
16	Lender 2582371	2	$1.5M	1.7%	0.00%
17	Bank of Hope	1	$1.5M	1.7%	0.00%
18	Bank of Colorado	4	$1.2M	1.3%	4.46%
19	First Southwest Bank	4	$985K	1.1%	0.00%
20	Commonwealth Business Bank	2	$937K	1.1%	0.00%
21	United Business Bank	4	$935K	1.1%	10.16%
22	Merchants Bank of California, National Association	1	$840K	1.0%	0.00%
23	Hanmi Bank	1	$819K	0.9%	0.00%
24	Stearns Bank National Association	1	$780K	0.9%	0.00%
25	HomeTrust Bank	2	$720K	0.8%	0.00%
26	The Huntington National Bank	2	$694K	0.8%	0.00%
27	Banc of California	1	$650K	0.8%	0.00%
28	First Financial Bank	1	$638K	0.7%	0.00%
29	MVB Bank, Inc.	1	$586K	0.7%	0.00%
30	Evolve Bank and Trust	1	$575K	0.7%	0.00%
31	Enterprise Bank & Trust	1	$476K	0.5%	0.00%
32	Community Banks of Colorado, A Division of NBH Bank	2	$466K	0.5%	0.00%
33	First Guaranty Bank	1	$452K	0.5%	0.00%
34	Cache Valley Bank	1	$415K	0.5%	0.00%
35	Newtek Bank, National Association	2	$350K	0.4%	0.00%
36	Northeast Bank	3	$338K	0.4%	0.00%
37	T Bank, National Association	1	$305K	0.4%	0.00%
38	B:Side Capital	1	$244K	0.3%	0.00%
39	BayFirst National Bank	1	$225K	0.3%	0.00%
40	Verus Bank of Commerce	1	$145K	0.2%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	22	$21.5M	25.4%
2	Construction	32	$15.1M	17.9%
3	Manufacturing	12	$9.8M	11.5%
4	Health care & social assistance	16	$7.8M	9.2%
5	Retail trade	9	$7.6M	9.0%
6	Real estate & leasing	6	$6.2M	7.3%
7	Other services	19	$3.6M	4.3%
8	Retail trade	9	$3.4M	4.0%
9	Professional & technical services	11	$3.2M	3.7%
10	Finance & insurance	2	$1.8M	2.1%
11	Information	3	$910K	1.1%
12	Transportation & warehousing	4	$890K	1.1%
13	Administrative & waste services	6	$785K	0.9%
14	Mining & extraction	3	$513K	0.6%
15	Wholesale trade	4	$445K	0.5%
16	Manufacturing	2	$435K	0.5%
17	Agriculture, forestry & fishing	3	$409K	0.5%
18	Arts, entertainment & recreation	2	$137K	0.2%
19	Educational services	1	$125K	0.1%
20	Transportation & warehousing	1	$5K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.