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Business Loans

Whether it’s an unexpected expense or you need a loan for a long-term project, we’re here with the money and support you need to be successful.

SBA Paycheck Protection Program

** At this time, Bank of Colorado will be prioritizing loan applications for existing Bank of Colorado customers with operating accounts. If you do not have an existing relationship, you can apply through any participating SBA lender. **

The Paycheck Protection Program included within the Coronavirus Aid, Relief and Economic Security Act (CARES Act) authorizes up to $349 billion in forgivable loans to small businesses who maintain their payrolls during the COVID-19 crisis. The Small Business Administration (SBA) oversees the implementation of this program and borrowers can apply through any participating SBA lender.

Find all eligible lenders with the SBA’s map tool here .

Lenders can start processing applications on April 3, 2020, for small businesses and sole proprietorships, and on April 10, 2020, for independent contractors and self-employed individuals.

If you would like to start preparing your application and documentation, the SBA has released the official application here to download and complete, and you can find a full list of documentation required here .

For full details regarding the Paycheck Protection Program, including eligibility requirements and loan information, please visit the website for the Small Business Administration directly at www.sba.gov .

For assistance with your application, please contact your local bank representative.

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