# SBA loans to site preparation and excavation contractors in Colorado **Short answer:** SBA's loan file shows 62 loans to site preparation and excavation contractors in Colorado since October 2019. The median loan was $350,000, 3.5 times the national median of $100,000. 17.7% financed a change of ownership, against 6.0% nationally. Canonical page: https://www.sbaexpress.loans/industries/site-preparation-contractors/colorado/ Data as of: 2026-06-30 These are the 62 SBA 7(a) loans to [site preparation and excavation contractors](https://www.sbaexpress.loans/industries/site-preparation-contractors/) 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.** Use the local range, not the national one, to judge your own request: half of these loans in Colorado ran from $100,750 to $1,128,675. ### Loan size The median loan was $350,000 in Colorado, 3.5 times the national median of $100,000. The middle half of loans in Colorado ran from $100,750 to $1,128,675. Nationally the middle half ran from $48,000 to $335,000. Median loan, Oct 2019 to Jun 2026 - Colorado: $350,000 - United States: $100,000 ### Change of ownership 17.7% of the loans in Colorado financed a change of ownership, against 6.0% nationally. Change of ownership, share of loans, Oct 2019 to Jun 2026 - Colorado: 17.7% - United States: 6.0% We compared 9 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure. ## Colorado next to the U.S. **Colorado compared with all loans to site preparation and excavation contractors in the U.S., October 2019 to June 2026** | Measure | Colorado | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 0.69% | 0.60% | No clear gap | | Median loan | $350,000 | $100,000 | Clearly higher | | Middle half of loans | $100,750 to $1,128,675 | $48,000 to $335,000 | – | | Startups (the loan opens the business) | 0.0% | 6.0% | No clear gap | | In business 2 years or less | 22.6% | 19.5% | No clear gap | | In business more than 2 years | 58.1% | 67.2% | No clear gap | | Change of ownership | 17.7% | 6.0% | Clearly higher | | SBA Express | 41.9% | 60.4% | No clear gap | | Lines of credit | 32.3% | 41.3% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2 points over Prime | 2.5 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 22 of the 62 loans approved October 2019 to June 2026, or 35.5%. 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 | | --- | --- | --- | --- | | [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 11 | 17.7% | 8.6% | | [Zions Bank](https://www.sbaexpress.loans/sba-express-lenders/zions-bank/) | 6 | 9.7% | Not in top 5 | | [SouthState Bank](https://www.sbaexpress.loans/sba-express-lenders/southstate-bank/) | 5 | 8.1% | 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. ## Site preparation and excavation contractors in other states Other states where these loans differ clearly from the national pattern, most loans first. **Site preparation and excavation contractors by state** | State | Loans since October 2019 | | --- | --- | | [Ohio](https://www.sbaexpress.loans/industries/site-preparation-contractors/ohio/) | 232 | | [New York](https://www.sbaexpress.loans/industries/site-preparation-contractors/new-york/) | 127 | | [Michigan](https://www.sbaexpress.loans/industries/site-preparation-contractors/michigan/) | 95 | | [Pennsylvania](https://www.sbaexpress.loans/industries/site-preparation-contractors/pennsylvania/) | 90 | | [Florida](https://www.sbaexpress.loans/industries/site-preparation-contractors/florida/) | 70 | | [Texas](https://www.sbaexpress.loans/industries/site-preparation-contractors/texas/) | 66 | | [Missouri](https://www.sbaexpress.loans/industries/site-preparation-contractors/missouri/) | 62 | | [Oregon](https://www.sbaexpress.loans/industries/site-preparation-contractors/oregon/) | 57 | ## 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 | | [Liquor stores](https://www.sbaexpress.loans/industries/beer-wine-liquor-stores/colorado/) | 148 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/colorado/) | 146 | 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)