Community Banks of Colorado, A Division of NBH Bank: SBA business acquisition lending record
Community Banks of Colorado, A Division of NBH Bank (home state CO) approved 79 SBA 7(a) loans to buy existing businesses since FY2018, totaling $124M. The median loan was $782,000. It ranks number 120 of 280 lenders by count and made 0.2% of all SBA acquisition loans nationally.
The purchase agreement decides what you bought, not the loan approval.
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What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $486,750 and $2,402,500. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Utah is the largest state (43% of loans). Loans appear in only 11 states, which points to a regional lender.
- Industry concentration. Car Washes is 5% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 464 SBA 7(a) loans of any purpose since FY2020, totaling $428M. 86% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 11% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Of its loans from FY2018 to FY2021: 6.7% charged off, 89% higher than the 3.5% national average.
Community Banks of Colorado, A Division of NBH Bank acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 8 | $8.7M | $635,000 | |
| FY2019 | 5 | $4M | $410,000 | |
| FY2020 | 8 | $8.4M | $880,000 | |
| FY2021 | 9 | $13.2M | $508,000 | |
| FY2022 | 11 | $23.4M | $1,790,000 | |
| FY2023 | 6 | $5.5M | $514,750 | |
| FY2024 | 14 | $23.3M | $1,080,500 | |
| FY2025 | 8 | $20.5M | $2,311,000 | |
| FY2026 | 10 | $17.5M | $1,164,500 |
How often do these acquisition loans fail?
Of the 30 Community Banks of Colorado, A Division of NBH Bank acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 2 have been charged off by the SBA, a rate of 6.7% by loan count and 4.1% by dollars. 15 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Community Banks of Colorado, A Division of NBH Bank is 89% higher than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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States served
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Car Washes | 4 | 5.1% | $5.9M | |
| 2 | Full-Service Restaurants | 4 | 5.1% | $5M | |
| 3 | General Automotive Repair | 4 | 5.1% | $1.3M | |
| 4 | Hotels (except Casino Hotels) and Motels | 3 | 3.8% | $13.4M | |
| 5 | All Other Specialty Trade Contractors | 3 | 3.8% | $6.2M | |
| 6 | Plumbing, Heating, and Air-Conditioning Contractors | 3 | 3.8% | $4.4M | |
| 7 | Residential Remodelers | 3 | 3.8% | $1.5M | |
| 8 | All Other Amusement and Recreation Industries | 2 | 2.5% | $6.9M | |
| 9 | Industrial Machinery and Equipment Merchant Wholesalers | 2 | 2.5% | $4.5M | |
| 10 | New Car Dealers | 2 | 2.5% | $3.7M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Hampton Inn | 1 | 1.3% | $4.8M | |
| 2 | Fairfield by Marriott | 1 | 1.3% | $4.6M | |
| 3 | Ford Motor Company | 1 | 1.3% | $2.6M | |
| 4 | Urban Air Adventure Park | 1 | 1.3% | $2.2M | |
| 5 | Jackson Food Stores | 1 | 1.3% | $2M | |
| 6 | Bee Hive Homes | 1 | 1.3% | $660K | |
| 7 | Servpro | 1 | 1.3% | $540K | |
| 8 | Big O Tires | 1 | 1.3% | $508K |
Questions buyers ask
Does Community Banks of Colorado, A Division of NBH Bank make SBA acquisition loans?
Yes. Community Banks of Colorado, A Division of NBH Bank approved 79 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 120 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are Community Banks of Colorado, A Division of NBH Bank's acquisition loans?
The median was $782,000, with the middle half between $486,750 and $2,402,500. The national median is $645,250, so this lender's typical loan is 21% higher than the national figure.
Which states does Community Banks of Colorado, A Division of NBH Bank lend in?
Utah (34), Colorado (20), Wyoming (5), Kansas (5), Missouri (4), Idaho (3). Its loans appear in 11 states, so it is closer to a regional lender.
Which industries does Community Banks of Colorado, A Division of NBH Bank finance?
Car Washes (4), Full-Service Restaurants (4), General Automotive Repair (4), Hotels (except Casino Hotels) and Motels (3), All Other Specialty Trade Contractors (3). The top industry is 5% of its acquisition loans.
How have Community Banks of Colorado, A Division of NBH Bank's acquisition loans performed?
Of 30 loans approved FY2018 to FY2021: 6.7% charged off, 89% higher than the 3.5% national acquisition average. Charge-offs reflect the borrowers and industries a lender serves as well as its underwriting.
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Related
- Utah acquisitions
- Colorado acquisitions
- Wyoming acquisitions
- Car Washes
- Full-Service Restaurants
- General Automotive Repair
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by Community Banks of Colorado, A Division of NBH Bank.