Small business loans in Thornton, CO
Short answer
The most active SBA lenders in Thornton, CO since FY2024 are The Huntington National Bank (13 loans) and U.S. Bank (9). The median loan was $150,000, and half fell between $50,000 and $500,000. For free help, see the Colorado SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 61
- approved since FY2024
- $30.8M
- median loan
- $150,000
- through SBA Express
- 39.3%
Lenders making SBA loans in Thornton
No lender made more than 21% of the loans in Thornton, and The Huntington National Bank made the most. The four largest lenders together made 54%.
| Lender | Loans | Share |
|---|---|---|
| The Huntington National Bank | 13 | 21.3% |
| U.S. Bank | 9 | 14.8% |
| KeyBank | 6 | 9.8% |
| Readycap Lending, LLCNon-bank lender | 5 | 8.2% |
Share is the percent of all Thornton loans in that period. Each name links to that lender's page for Colorado where one exists.
Thornton has four lenders with five or more loans since FY2024. Others had fewer, and the Colorado page counts 189 lenders with at least one approved loan statewide.
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Local help near Thornton
Thornton borrowers can start with SBA's district office for Colorado, an SBDC or SCORE.
34% of Thornton borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA has one district office for Colorado. Its page points to state and federal resources and to lenders in the area. The Colorado SBDC Network gives free counseling across Colorado.
- SBA Colorado District Office (Denver)SBA district office
- Colorado SBDC NetworkSmall Business Development Center
- SCORE mentors in ColoradoBusiness mentoring
Alongside SBA loans, Colorado runs two loan programs. The Colorado page describes each, and the official pages are linked here.
Loan counts and sizes in Thornton
Thornton ranks 19th by loans since FY2024 among the 25 Colorado cities with 100 or more SBA loans since FY2020. Nationally it is the 439th busiest of the 580 cities that reach 100 loans.
The 61 loans, 1.4% of the 4,448 in Colorado, were approved for $30.8 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $150,000, close to the national median of $150,300. Half of the loans fell between $50,000 and $500,000. The Thornton median is 34% below the Colorado median of $227,300.
| Measure | Thornton | Colorado | U.S. |
|---|---|---|---|
| Loans | 61 | 4,448 | 162,355 |
| Median loan | $150,000 | $227,300 | $150,300 |
| 25th percentile | $50,000 | $77,500 | $50,000 |
| 75th percentile | $500,000 | $600,000 | $500,000 |
| Via SBA Express | 39.3% | 28.0% | 35.8% |
| Lines of credit | 27.9% | 23.2% | 28.1% |
| Startups | 18.0% | 17.8% | 16.1% |
| Ownership changes | 9.8% | 15.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.68 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 3.8% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
79% of the loans were $500,000 or less, the size SBA Express covers. 39.3% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 27.9% of loans, close to the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 55.7% of loans went to businesses more than two years old and 16.4% to businesses two years old or younger. Startups received 18.0% and changes of ownership 9.8%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume fell 19% from FY2024 (26 loans) to FY2025 (21), the two latest full years. The busiest full year in the file was FY2024, with 26 loans. FY2026 already shows 14 loans through June 30.
Of the 44 loans Thornton borrowers received in FY2020 to FY2022, fewer than 5 were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 465 jobs supported across the 61 loans since FY2024, about 7.6 per loan. SBA does not audit these estimates.
What businesses in Thornton borrow for
Full-Service Restaurants was the largest borrower group in Thornton since FY2020, with 7 loans or 5.6% of the total.
The five largest industries made up 22% of all Thornton loans since FY2020.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Full-Service Restaurants | 7 | 5.6% | 4.6% |
| Residential Remodelers | 6 | 4.8% | 2.3% |
| Beer, Wine, and Liquor Retailers | 5 | 4.0% | 0.9% |
| Limited-Service Restaurants | 5 | 4.0% | 3.3% |
| Plumbing, Heating, and Air-Conditioning Contractors | 5 | 4.0% | 1.9% |
Share is the percent of all Thornton loans in that period. Industry is the NAICS code on each loan. A name links to the Colorado page for that industry where one exists.
A typical loan payment in Thornton
The median Thornton loan was $150,000 with a median term of 10 years.
The median variable-rate loan in Thornton was priced at Prime plus 2.68 percentage points at approval. At today's Prime that spread works out to 9.68%. On $150,000 over 10 years, principal and interest would come to about $1,956 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $50,000 | $652 |
| Median loan | $150,000 | $1,956 |
| 75th percentile loan | $500,000 | $6,519 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $150,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.3 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Thornton loans approved since FY2024 had a median starting rate of 10.49% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $150,000 loan and SBA Express payment calculator.
SBA 504 loans near Thornton
Thornton has 8 SBA 504 loans since FY2020, with $13.4 million in SBA and CDC dollars.
Fewer than five of them came in FY2024 or later, so no recent median is published. The bank's share of each project is separate and is not counted in these figures.
No Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) is named on five or more 504 loans in Thornton, so the list below is Colorado's. B:Side Capital is named on the most there, 254 loans since FY2024.
| Certified Development Company | 504 loans |
|---|---|
| B:Side Capital | 254 |
| Mountain West Small Business Finance | 101 |
| Pikes Peak Regional Development Corporation | 33 |
| Preferred Lending Partners | 23 |
| Community Economic Development Company of Colorado | 8 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Colorado cities near Thornton
Thornton made up 1.4% of Colorado's SBA loans since FY2024.
Thornton is one of 25 Colorado cities with 100 or more SBA loans since FY2020. The Colorado page covers all 4,448 loans in Colorado. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Thornton
Which lenders make the most SBA loans in Thornton?
The Huntington National Bank leads with 13 loans in Thornton since FY2024. U.S. Bank (9) and KeyBank (6) follow. Only lenders with five or more Thornton loans are counted.
Which industries get SBA loans in Thornton?
Full-Service Restaurants leads with 7 loans in Thornton since FY2020. Residential Remodelers (6) and Beer, Wine, and Liquor Retailers (5) follow.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Colorado District Office (Denver)
- Colorado SBDC Network
- SCORE, Colorado
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Thornton, CO. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/colorado-small-business-loans/thornton/
Ask lending partners about a loan in Thornton
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.