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.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division of Bank · Salt Lake City, UT | 8 | $1.2M | $93,650 | 62% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 6 | $1.8M | $40,000 | 50% |
| 3 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $2.5M | $990,000 | 100% |
| 4 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $4.8M | $2,400,000 | 100% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $2.6M | $1,282,000 | 0% |
| 6 | First Western SBLC Non-bank lender · Dallas, TX | 2 | $1.5M | $752,000 | 100% |
| 7 | Timberline Bank Bank · Grand Junction, CO | 2 | $1.0M | $512,500 | 0% |
| 8 | B:Side Capital Certified development company · Denver, CO | 2 | $429K | $214,500 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 2 | $350K | $175,000 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $188K | $93,750 | 50% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 1 | $4.9M | $4,900,000 | 100% |
| 12 | Southwestern National Bank Bank · Houston, TX | 1 | $3.5M | $3,489,000 | 0% |
| 13 | Mission Valley Bank Bank · Sun Valley, CA | 1 | $2.0M | $1,981,600 | 0% |
| 14 | Stearns Bank Bank · St. Cloud, MN | 1 | $780K | $780,000 | 0% |
| 15 | First Financial Bank Bank · El Dorado, AR | 1 | $638K | $638,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 14 | $200,000 | U.S. Bank | |
| Restaurants and hotels | 10 | $580,000 | First Western SBLC | |
| Other services (repair, personal care) | 5 | $30,000 | Zions Bank, A Division of | |
| Real estate and rental | 5 | $84,300 | Zions Bank, A Division of | |
| Health care and social assistance | 3 | $50,000 | Newtek Bank | |
| Retail | 2 | $1,197,250 | U.S. Bank | |
| Manufacturing | 1 | $37,500 | Northeast Bank | |
| Administrative and support services | 1 | $30,000 | U.S. Bank |