STRONG
How competitive are their spreads? Lower = better for you.
FAIR
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
63
2012–2026
Total Volume
$77M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
63 total segments
Most active in Colorado (59% of deals) and focuses heavily on manufacturing (14% of deals).
Manufacturing makes up 14% of Fortis Bank's deals — 3.4x the national average. This is a clear specialist, not a generalist who happens to do some manufacturing lending.
63 SBA loans worth $76.9M since FY2012, with relatively steady volume year-over-year.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 13 504 loans, which use fixed SBA debenture rates.
States where Fortis Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
Auto Repair & Maintenance
Other Services
Miscellaneous Retail
Retail Trade
Other Repair & Services
Other Services
+ 7 more
All recorded SBA lending activity for Fortis Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Colorado · Wholesale Trade · $1M – $2M | 7(a) | 3 | P+2.00% | $1.2M | Q2 2024 |
| Colorado · Other Health Practitioners · $350K – $500K | 7(a) | 3 | P+2.50% | $490K | Q1 2024 |
| Utah · Manufacturing · $1M – $2M | 7(a) | 2 | P+0.00% | $1.1M | Q3 2023 |
| Utah · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 2 | P+2.00% | $310K | Q2 2025 |
| Colorado · Specialty Trade Contractors · $2M – $5M | 7(a) | 2 | P+0.88% | $2.4M | Q3 2024 |
| Colorado · Heavy & Civil Engineering · $500K – $1M | 7(a) | 1 | P+1.75% | $750K | Q2 2025 |
| Colorado · Miscellaneous Retail · $150K – $350K | 7(a) | 1 | P+2.75% | $239K | Q4 2024 |
| Colorado · Miscellaneous Retail · $500K – $1M | 7(a) | 1 | P+2.75% | $932K | Q3 2024 |
| Colorado · Accounting & Tax · $150K – $350K | 7(a) | 1 | P+2.50% | $258K | Q3 2024 |
| Colorado · Management & IT Consulting · $1M – $2M | 7(a) | 1 | P+2.50% | $2.0M | Q4 2025 |
| Colorado · Management & IT Consulting · $350K – $500K | 7(a) | 1 | P+2.50% | $485K | Q2 2024 |
| Colorado · Other Professional Services · $150K – $350K | 7(a) | 1 | P+2.75% | $220K | Q4 2025 |
| Colorado · Physician & Dental Offices · $350K – $500K | 7(a) | 1 | P+2.25% | $500K | Q2 2024 |
| Colorado · Other Health Practitioners · $500K – $1M | 7(a) | 1 | P+2.50% | $678K | Q1 2023 |
| Colorado · Auto Repair & Maintenance · $1M – $2M | 7(a) | 1 | P+0.00% | $1.7M | Q4 2023 |
| Colorado · Other Repair & Services · $350K – $500K | 7(a) | 1 | P+2.50% | $380K | Q1 2025 |
| Colorado · Manufacturing · $150K – $350K | 7(a) | 1 | P+1.50% | $227K | Q4 2023 |
| Colorado · Manufacturing · $1M – $2M | 7(a) | 1 | P+2.00% | $1.1M | Q3 2025 |
| Colorado · Manufacturing · $2M – $5M | 7(a) | 1 | P+1.25% | $2.1M | Q2 2024 |
| Colorado · Manufacturing · $500K – $1M | 7(a) | 1 | P+2.75% | $750K | Q2 2025 |
| Colorado · Information & Media · $2M – $5M | 7(a) | 1 | P+1.55% | $2.1M | Q1 2025 |
| Colorado · Finance & Insurance · $150K – $350K | 7(a) | 1 | P+1.50% | $350K | Q1 2025 |
| Colorado · Administrative & Waste Services · $2M – $5M | 7(a) | 1 | P+2.00% | $3.3M | Q2 2022 |
| Colorado · Administrative & Waste Services · $350K – $500K | 7(a) | 1 | P+2.75% | $375K | Q1 2024 |
| Colorado · Education · $150K – $350K | 7(a) | 1 | P+2.75% | $264K | Q2 2023 |
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