Limited service restaurant loans in Boulder at a glance

Boulder reports FY2017 to FY2026 approvals: 35 limited service restaurant loans, $13.1 million gross. Boulder, for limited service restaurant, ranks 101 of 779 in the area ranking. Within Boulder, limited service restaurant ranks 3 of 39. Boulder has a quotient of 0.95x, limited service restaurant below the national share.

Boulder size and franchise status

Loan size in Boulder centres on $345,000, and its middle half runs between $106,000 and $504,200. Boulder stands at 1.11x against the national class median. Boulder loans run above the national middle. Boulder has 35 SBA 7(a) loans. Boulder has 0 SBA 504 loans. Boulder finances fixed assets through 504. In Boulder, 7(a) is the broader program. Boulder's split shows its financing mix. Boulder loans show a 42.9% franchise share. Boulder loans run bigger. In Boulder, a study must prove the payment.

Boulder loan holders and counties

Holder in Boulder: The Huntington National Bank, 10 loans, $1.9 million, SBA 7(a). Listed Boulder names are current holders, per SBA. Boulder rows speak to files, not requirements. Boulder borrowers read the list as holders. Boulder limited service restaurant lenders get first tests. Boulder has one county, Boulder County, CO, with all 35 loans.

Boulder years, floors and coding limits

Boulder years print only in part. FY2018 brings Boulder 5 loans, $2.7 million. FY2019 brings Boulder 0 loans, $0. FY2024 brings Boulder 6 loans, $1.0 million. Other Boulder years are withheld. Thin counts leave Boulder totals unknown. In Boulder, no blank is a zero, and Boulder treats FY2026 as complete. Boulder floors follow Loan Analytics' own rule. That Boulder cohort holds fewer than 30 loans. The Boulder cohort covers FY2017 to FY2021 disbursements. So Boulder prints no cancellation floor. So Boulder prints no charge-off floor. Boulder's blank floor is no zero. Boulder borrowers learn little from it. Any Boulder rate that prints is a floor. Boulder borders come from the July 2023 list. Boulder places each loan by project county. Boulder drops loans with unplaceable counties.

Boulder: what a study must prove

Boulder modelling starts from the $345,000 median, against the project in Boulder. We would test labor scheduling at the Boulder site, since counter service lives on hours worked against hours sold. For a franchised unit in Boulder, the study reads the brand's disclosure and tests whether its stated costs fit the budget. The Boulder appraisal needs to separate the building from the business, because a franchise agreement does not always transfer to a buyer. Daniel Smith, MAI, signs each Boulder study. Boulder demand and cost come first. In Boulder, coverage follows, then the appraisal. Boulder borrowers are promised no approval here.

SBA limited-service restaurant loans in the Boulder, CO Metro Area

Loans approved, FY2017 to FY2026	35
Gross dollars approved	$13.1 million
Median loan	$345,000
Middle half of loans, from	$106,000
Middle half of loans, to	$504,200
SBA 7(a) loans	35
SBA 504 loans	0
Franchise share of loans	42.9%
Rank among metro and micro areas for limited-service restaurant loans	101 of 779
Rank of limited-service restaurant among the classes in this area	3 of 39
Location quotient (share of loans against the national share)	0.95x
Median loan against the national median for the class	1.11x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

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 limited-service restaurant loans approved in the Boulder, CO Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	5	$2.7 million
FY2019	0	$0
FY2020	withheld	withheld
FY2021	withheld	withheld
FY2022	withheld	withheld
FY2023	withheld	withheld
FY2024	6	$1.0 million
FY2025	withheld	withheld
FY2026	withheld	withheld

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
The Huntington National Bank	10	$1.9 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
Boulder County, CO	35

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.

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 MA-14500-C35.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a limited-service restaurant project in the Boulder, 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

Quick Service Restaurant Feasibility Study in the Boulder, CO Metro Area