SBA lending data · fiscal year 2025
19 lenders funded electrical contractors and other wiring installation contractors in Colorado last year
49 SBA 7(a) loans approved under NAICS 238210. Median approval $250,000, median term 120 months, median initial rate 10.25%.
What was actually approved
Half of all approvals in this industry and state fell between $100,000 and $657,000. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1The Huntington National Bank8 loans · $7M
- 2Northeast Bank7 loans · $1.4M
- 3BayFirst National Bank6 loans · $0.9M
- 4JPMorgan Chase Bank, National Association3 loans · $2.5M
- 5Port 51 Lending LLC3 loans · $4.7M
- 6U.S. Bank, National Association3 loans · $0.1M
- 7Newtek Bank, National Association2 loans · $1.9M
- 8Live Oak Banking Company2 loans · $1.8M
- 9Community Banks of Colorado, A Division of NBH Bank2 loans · $1.5M
- 10First Internet Bank of Indiana2 loans · $3.3M
- 11Integrity Bank & Trust2 loans · $0.4M
- 12Zions Bank, A Division of2 loans · $0.1M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 17 | 8 | $50,000 |
| FY2024 | 29 | 17 | $175,000 |
| FY2025 | 49 | 19 | $250,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in Colorado
- Full-Service Restaurants · 102 loans
- Beer, Wine, and Liquor Retailers · 87 loans
- Limited-Service Restaurants · 61 loans
- Fitness and Recreational Sports Centers · 59 loans
- Plumbing, Heating, and Air-Conditioning Contractors · 52 loans
- Residential Remodelers · 48 loans
- Beauty Salons · 44 loans
- All Other Specialty Trade Contractors · 40 loans
Electrical Contractors and Other Wiring Installation Contractors in other states
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