States Served
Top Industries Financed
- Full-Service Restaurants
- Snack and Nonalcoholic Beverage Bars
- Beauty Salons
- Employment Placement Agencies
- Hardware Manufacturing
Quick Summary
5Star Bank is an SBA-approved lender headquartered in Colorado Springs, Colorado. Since 2020, they have approved 11 SBA 7(a) loans totaling $3.9M, with an average loan size of $356K. They serve businesses across 3 states.
About 5Star Bank
5Star Bank is an SBA-approved lender headquartered in Colorado Springs, Colorado. Since 2020, they have approved 11 SBA 7(a) loans totaling $3.9M, with an average loan size of $356K. They serve businesses across 3 states.
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Frequently Asked Questions
Is 5Star Bank an SBA Preferred Lender?
5Star Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has 5Star Bank approved?
According to SBA FOIA public records, 5Star Bank has approved 11 SBA 7(a) loans totaling $3.9M since 2020. Their average loan size is $356K.
What states does 5Star Bank serve?
5Star Bank serves businesses in 3 states: Colorado, Washington D.C., South Dakota.
How do I apply for an SBA loan with 5Star Bank?
To apply for an SBA 7(a) loan with 5Star Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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