# Buying a Business in Colorado: SBA Lending

Change-of-ownership SBA 7(a) approvals in Colorado, FY2020 through FY2025. Every figure is read from SBA 7(a) FOIA loan-level dataset (as of June 30, 2026).

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Also on this site: https://searchspheresource.com/data/acquisition-lending
Source: https://searchspheresource.com/data/acquisition-lending/colorado
Last checked: 2026-10-02

## The Numbers

- Loans since FY2020: 1,401, $1,471,172,300 approved in total
- FY2025 loans: 310, $338,914,800 approved
- Median loan: $654,000
- Share of national acquisition lending: 3.9%

## The Most Active Lenders in Colorado

Ranked by change-of-ownership loans written in the covered years. A bank high here is a bank that has already said yes to this kind of deal in this state.

1. Hanmi Bank: 203 loans
2. Live Oak Banking Company: 164 loans
3. The Huntington National Bank: 82 loans
4. Busey Bank: 35 loans
5. BMO Bank National Association: 33 loans

## What Gets Financed in Colorado

- Beer, Wine, and Liquor Retailers: 218 loans
- Full-Service Restaurants: 63 loans
- Hotels (except Casino Hotels) and Motels: 51 loans
- Limited-Service Restaurants: 34 loans
- All Other Specialty Trade Contractors: 32 loans

## Method and Source

- SBA 7(a) FOIA loan-level dataset (as of June 30, 2026): https://data.sba.gov/dataset/7a-504-foia
- Coverage: FY2020 through FY2025
- Segment: SBA 7(a) approvals with BusinessAge "Change of Ownership"

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