# SBA loans to liquor stores in Colorado under the 2017 NAICS code **Short answer:** SBA's loan file shows 148 loans to liquor stores in Colorado since October 2019. Hanmi Bank made 62.8% of them, well above its share nationally and across all loans in Colorado. Fewer than 5 of them went through SBA Express, against 23.2% nationally. Canonical page: https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/colorado/ Data as of: 2026-06-30 Few loans since October 2023 SBA's file shows fewer than 5 loans for liquor stores in Colorado approved since October 2023. The figures below describe earlier lending, from October 2019 to June 2026. These are the 148 SBA 7(a) loans to [liquor stores](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/) in [Colorado](https://www.sbaexpress.loans/colorado-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How Colorado differs from the U.S. **What this means for you.** One lender made a large share of these loans in Colorado, so compare more than one lender before you apply. ### Lender concentration [Hanmi Bank](https://www.sbaexpress.loans/sba-express-lenders/hanmi-bank/) made 62.8% of these loans (93 of 148). Nationally it made 10.5% of loans to liquor stores. It is not among the five biggest SBA lenders in Colorado. ### SBA Express Fewer than 5 of the 148 loans in Colorado went through SBA Express, against 23.2% nationally. SBA Express, share of loans, Oct 2019 to Jun 2026 - Colorado: fewer than 5 - United States: 23.2% ### Change of ownership 58.1% of the loans in Colorado financed a change of ownership, against 34.9% nationally. Change of ownership, share of loans, Oct 2019 to Jun 2026 - Colorado: 58.1% - United States: 34.9% We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. 2 more differences are in the table. ## Colorado next to the U.S. **Colorado compared with all loans to liquor stores in the U.S., October 2019 to June 2026** | Measure | Colorado | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 1.6% | 0.41% | Clearly higher | | Median loan | $563,500 | $496,800 | No clear gap | | Middle half of loans | $404,000 to $919,750 | $200,000 to $1,000,000 | – | | Startups (the loan opens the business) | 4.7% | 11.3% | No clear gap | | In business 2 years or less | 11.5% | 15.3% | No clear gap | | In business more than 2 years | 25.0% | 36.5% | No clear gap | | Change of ownership | 58.1% | 34.9% | Clearly higher | | SBA Express | Fewer than 5 | 23.2% | Clearly lower | | Lines of credit | Fewer than 5 | 11.3% | Clearly lower | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2 points over Prime | 2 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Colorado The 3 lenders below made 103 of the 148 loans approved October 2019 to June 2026, or 69.6%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Colorado** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [Hanmi Bank](https://www.sbaexpress.loans/sba-express-lenders/hanmi-bank/) | 93 | 62.8% | 10.5% | | [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/) | 5 | 3.4% | Not in top 5 | | [PromiseOne Bank](https://www.sbaexpress.loans/sba-express-lenders/promiseone-bank/) | 5 | 3.4% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Liquor stores in other states Other states where these loans differ clearly from the national pattern, most loans first. **Liquor stores by state** | State | Loans since October 2019 | | --- | --- | | [California](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/california/) | 245 | | [New York](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/new-york/) | 117 | | [Georgia](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/georgia/) | 109 | | [Michigan](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/michigan/) | 66 | | [Pennsylvania](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/pennsylvania/) | 59 | | [Illinois](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/illinois/) | 57 | | [Texas](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/texas/) | 53 | ## More industries in Colorado Other industries in Colorado with a clear difference from the national pattern, most loans first. **Other industries in Colorado** | Industry | Loans since October 2019 | | --- | --- | | [Liquor stores](https://www.sbaexpress.loans/industries/beer-wine-liquor-retailers/colorado/) | 250 | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/colorado/) | 197 | | [Plumbing and HVAC companies](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/colorado/) | 195 | | [Paving, fencing, pool and other specialty contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/colorado/) | 173 | | [Auto repair shops](https://www.sbaexpress.loans/industries/general-automotive-repair/colorado/) | 160 | | [Dental practices](https://www.sbaexpress.loans/industries/offices-of-dentists/colorado/) | 153 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/colorado/) | 146 | | [Electrical contractors](https://www.sbaexpress.loans/industries/electrical-contractors-other-wiring-installation-contractors/colorado/) | 140 | 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. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)