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SBA lenders in Montrose, CO

SBA 7(a) and 504 loans to businesses in Montrose (Montrose County), October 2021 to June 30, 2026 · Updated October 15, 2026
41
SBA loans approved
$30.5M
Total approved
$291,000
Median loan
20
Lenders active
44%
To startups

41 SBA loans worth $30.5M went to businesses in Montrose, CO between October 2021 and June 2026, from 20 lenders. Zions Bank, A Division of made the most, 8 loans. The median loan was $291,000, compared with $275,000 across Colorado, and construction was the most financed industry.

Most active SBA lenders in Montrose

#LenderLoansApprovedMedian loanTo startups
1Zions Bank, A Division of
Bank · Salt Lake City, UT
8$1.2M$93,65062%
2U.S. Bank
Bank · Cincinnati, OH
6$1.8M$40,00050%
3Wells Fargo Bank
Bank · Sioux Falls, SD
3$2.5M$990,000100%
4First Internet Bank of Indiana
Bank · Fishers, IN
2$4.8M$2,400,000100%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$2.6M$1,282,0000%
6First Western SBLC
Non-bank lender · Dallas, TX
2$1.5M$752,000100%
7Timberline Bank
Bank · Grand Junction, CO
2$1.0M$512,5000%
8B:Side Capital
Certified development company · Denver, CO
2$429K$214,5000%
9Newtek Bank
Bank · Miami, FL
2$350K$175,0000%
10Northeast Bank
Bank · Portland, ME
2$188K$93,75050%
11Live Oak Banking
Bank · Wilmington, NC
1$4.9M$4,900,000100%
12Southwestern National Bank
Bank · Houston, TX
1$3.5M$3,489,0000%
13Mission Valley Bank
Bank · Sun Valley, CA
1$2.0M$1,981,6000%
14Stearns Bank
Bank · St. Cloud, MN
1$780K$780,0000%
15First Financial Bank
Bank · El Dorado, AR
1$638K$638,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Montrose. For 504 loans the lender shown is the certified development company.

What gets financed in Montrose

IndustryLoansShareMedian loanMost active lender
Construction14
34%
$200,000U.S. Bank
Restaurants and hotels10
24%
$580,000First Western SBLC
Other services (repair, personal care)5
12%
$30,000Zions Bank, A Division of
Real estate and rental5
12%
$84,300Zions Bank, A Division of
Health care and social assistance3
7%
$50,000Newtek Bank
Retail2
5%
$1,197,250U.S. Bank
Manufacturing1
2%
$37,500Northeast Bank
Administrative and support services1
2%
$30,000U.S. Bank
Loan size mix
  • Under $150,00041%
  • $150,000 to $500,00015%
  • $500,000 to $2 million37%
  • $2 million and up7%
Compared with Colorado
Median loan, Montrose
$291,000
Median loan, Colorado
$275,000
Startup share, Montrose
44%
Startup share, Colorado
34%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Montrose

071320FY14: 6 loansFY14FY15: 8 loansFY15FY16: 10 loansFY16FY17: 11 loansFY17FY18: 10 loansFY18FY19: 14 loansFY1914FY20: 11 loansFY20FY21: 13 loansFY21FY22: 6 loansFY22FY23: 6 loansFY23FY24: 8 loansFY24FY25: 9 loansFY25FY26 (Oct to Jun): 12 loansFY2612
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.