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Colorado · Mining & Energy
SBA loans for mining & energy in Colorado
102 loans worth $71.8M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Colorado.
Loans
102
Approved
$71.8M
Median loan
$250,000
+10% vs sector nationally
Median rate
6.00%
Jobs supported
1,844
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Colorado
| Lender | Loans | Approved | Share |
|---|---|---|---|
| FMS Bank | 6 | $8.8M | |
| Bokf | 7 | $6.1M | |
| BankUnited | 1 | $5.0M | |
| Fulton Bank | 2 | $5.0M | |
| Happen Bank | 1 | $5.0M | |
| Enterprise Bank & Trust | 1 | $4.7M | |
| Newtek Bank | 3 | $4.5M | |
| Sunflower Bank | 3 | $3.9M |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Support Activities for Oil and Gas Operations | 61 | |
| Drilling Oil and Gas Wells | 11 | |
| Construction Sand and Gravel Mining | 11 | |
| Dimension Stone Mining and Quarrying | 8 | |
| Crude Petroleum and Natural Gas Extraction | 3 | |
| Gold Ore Mining | 2 | |
| Crude Petroleum Extraction | 2 | |
| All Other Metal Ore Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Colorado since FY2010 was $250,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Colorado
26,935 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Colorado?
- 102 SBA loans totalling $71,756,800 have been approved for mining, quarrying, and oil and gas extraction projects in Colorado since FY2010.
- Which lenders finance mining & energy in Colorado?
- The most active by dollars approved are FMS Bank, Bokf, BankUnited, Fulton Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Colorado?
- The median approval is $250,000, 10% above the national median for this sector ($227,300).
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