Fortis Bank approved 59 SBA loans worth $76.3M between October 2021 and June 2026, ranking #499 of 2,283 SBA lenders nationally by loan count. Its median loan was $998,100, and 15% went to startups or businesses under two years old. It lent in 5 states, most often in Colorado, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Colorado | 41 | $49.8M | $931,900 | #38 |
| Utah | 15 | $24.5M | $1,159,000 | #44 |
| California | 1 | $1.2M | $1,175,000 | #264 |
| Tennessee | 1 | $350K | $350,000 | #214 |
| Texas | 1 | $500K | $500,000 | #386 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 11 | $1,500,000 | |
| Manufacturing | 9 | $1,098,000 | |
| Professional and technical services | 8 | $465,000 | |
| Health care and social assistance | 6 | $500,000 | |
| Arts, entertainment and recreation | 5 | $350,000 | |
| Retail | 4 | $1,290,950 | |
| Wholesale trade | 4 | $1,245,000 | |
| Other services (repair, personal care) | 3 | $998,100 | |
| Administrative and support services | 2 | $1,836,100 | |
| Education | 2 | $1,382,050 |