Lodging and liquor lead

Pueblo is Pueblo County, CO alone, with 235 loans and $145.9 million from FY2017 to FY2026, ranking 283 of 928. Hotel and motel tops the tracked classes at 25 loans, and liquor store is next at 22; next in line are restaurants, 10 loans for full-service and 9 for limited-service, then automotive mechanical repair at 5. A further 138 loans fall in no tracked class. Franchise brands appear in 17.4% of loans.

The median of $235,000 is 1.13x the country's, and typical mid-range loans start at $50,000 and end at $731,100. Pueblo's record is short, but the pieces it does print are enough to frame a study. Of the total, 190 are 7(a) and 45 are 504, and the 504 side belongs largely to Pikes Peak Regional Development Corporation, with 29 loans worth $11.6 million. Pueblo County holds all 235 loans, and 45 of them are 504, so a study can cite one local intermediary.

Holders and dollars per loan

The holder names come from SBA's entries on where loans sit and express no view of any bank. U.S. Bank, National Association holds 42 7(a) loans worth only $2.8 million, while Hanmi Bank holds 16 worth $22.4 million, among the largest averages in any list on this site. Zions Bancorporation, National Association has 15 worth $1.1 million, and holdings of 12 and 11 belong to Wells Fargo Bank National Association ($2.3 million) and Newtek Bank, National Association ($3.5 million).

Cancellation after approval is 10.7% or more of FY2017 to FY2024 approvals. Of 84 funded loans, 6.0% are charged off to date, a floor on a very small base. SBA leaves out the cancellation ceiling and the five-year charge-off rate for Pueblo, since few loans sit behind them; they are blanks, not nils. Approvals were lowest at 16 loans in FY2020 and highest at 47 loans and $20.3 million in FY2025.

The Pueblo study

For Pueblo, the first test is demand in the county for the specific use; next comes whether lodging and liquor supply already financed leaves room, and then cost against a broad range of loan sizes. Coverage has to hold at the floor above, with the valuation supported. Counties come from the 2023 delineation. Written for lenders and borrowers, this page cannot assure an approval.

SBA loans in the Pueblo, CO Metro Area

Loans approved, FY2017 to FY2026	235
Gross dollars approved	$145.9 million
Median loan	$235,000
Middle half of loans, from	$50,000
Middle half of loans, to	$731,100
SBA 7(a) loans	190
SBA 504 loans	45
Franchise share of loans	17.4%
Rank among metro and micro areas by loans	283 of 928
Median loan against the national median	1.13x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	10.7%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	6.0%
Charged off within five years of approval	withheld
Loans in that cohort	84

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Pueblo, CO Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	20	$12.9 million
FY2018	18	$12.8 million
FY2019	20	$13.1 million
FY2020	16	$10.1 million
FY2021	22	$25.5 million
FY2022	20	$13.4 million
FY2023	17	$10.9 million
FY2024	26	$9.2 million
FY2025	47	$20.3 million
FY2026	29	$17.7 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	138
Hotel and motel	25
Liquor store	22
Full-service restaurant	10
Limited-service restaurant	9
Automotive mechanical repair (car and truck)	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Pikes Peak Regional Development Corporation	29	$11.6 million

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
U.S. Bank, National Association	42	$2.8 million
Hanmi Bank	16	$22.4 million
Zions Bancorporation, National Association	15	$1.1 million
Wells Fargo Bank National Association	12	$2.3 million
Newtek Bank, National Association	11	$3.5 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Pueblo County, CO	235

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-39380.

Related feasibility study pages

Feasibility study data by asset class in the Pueblo, CO Metro Area

Hotel and motel

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Pueblo, CO Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Pueblo, CO Metro Area