COLORADO · NAICS 31-33
Colorado manufacturing projects span the aerospace, outdoor industry, and HVAC and mechanical clusters anchoring the Front Range. Studies translate capacity, throughput, contract concentration, and labor models into projections, and reconcile real estate and equipment structures against coverage with fiscal 2026's strongest program economics on top.
FEASIBILITY TRIGGER
Fiscal 2026 gives manufacturers the strongest program economics, with 7(a) fees waived on loans up to $950,000, 504 fees waived entirely, and a $5.5 million debenture.
Between FY2010 and FY2026, SBA lenders approved and disbursed 1,382 7(a) and 504 loans for manufacturing projects in Colorado, totaling $876.2 million in approved financing at an average of $634,000 per loan. Colorado ranks #14 of 38 states tracked for manufacturing SBA lending volume and accounts for 2.2% of national manufacturing SBA dollar volume. 85.5% of these loans were made under the 7(a) program, the remainder under 504. 221 loans have been approved since FY2024.
| Disbursed loans (FY2010–FY2026) | 1,382 |
| Approved volume | $876.2 million |
| Average loan size | $634,000 |
| 7(a) share | 85.5% |
| Approvals since FY2024 | 221 |
| State rank by loan count | #14 of 38 |
Among the 1,020 seasoned loans in this segment (approvals FY2010–FY2021), 5.1% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for manufacturing is 6.6%, against 7.3% across all industries. That performance runs below the national benchmark for this asset class, a credit-positive signal for lenders.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 5.1% adverse-resolution rate below the national manufacturing benchmark of 6.6% supports the credit story for well-underwritten Colorado projects in this class. Across 1,382 SBA loans averaging $634,000, that track record does not eliminate the need for a third-party feasibility study, but it means a rigorous study reinforces rather than defends the projections.
Every Colorado manufacturing project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Colorado projects most often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate, decisive in a state where Front Range land costs run high. SBA 7(a) covers acquisitions, working capital, and equipment, and from July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
Colorado's aerospace and outdoor industry clusters anchor the demand side, and the named record carries the state's only dollar-verified CDC deal of the year.
For a national view of this asset class, see our manufacturing SBA feasibility overview, and read our related analysis in the manufacturing lending research on our blog.
Compare neighboring markets: California, Connecticut, Texas.
Public SBA and CDC program records, cited as program evidence
$5,220,000 SBA 504 through B:Side Capital with BOK Financial
Employee-to-owner purchase of a 23,554 square foot building with fabrication expansion for a roughly 90-employee HVAC manufacturer, national program evidence
Denver, Denver County, Colorado
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
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