Pikes Peak National Bank
Pikes Peak National Bank is an active SBA lender in Colorado, a bank offering SBA-guaranteed small-business loans. Currently rated 3.6 stars across 26 Google reviews.
$2M
in SBA approvals since 2016
9
SBA loans funded
Restaurants & Food Service · Veterinary Services · Hotels & Lodging
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Pikes Peak National Bank
Pikes Peak National Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financing options. With a focus on supporting local entrepreneurs, the bank provides a range of loan products including SBA 7(a) loans that help businesses expand, purchase equipment, or manage cash flow. The bank's experienced team guides clients through the application process, ensuring clarity and support at every step. Their SBA programs are designed to meet diverse business needs, offering competitive rates and flexible terms. Located in Colorado Springs, they serve the broader regional area, emphasizing personalized service and community development. Whether you're a startup or an established business looking to grow, Pikes Peak National Bank is committed to helping you achieve your financial goals with tailored lending solutions and expert advice.
Common questions about Pikes Peak National Bank
What is this place and what can I find here?
This is a commercial bank that offers SBA loan programs and financial services tailored for small and medium-sized businesses. You can find expert guidance on business financing, loan application support, and community-focused banking solutions.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins are also welcome during business hours.
What are the hours of operation?
Pikes Peak National Bank's Old Colorado City branch operates Monday through Friday from 8:00 AM to 5:00 PM. Please confirm current hours directly with the branch.
Is there a fee to use this?
There are no fees to visit the bank; however, loan processing and service fees may apply depending on the financial products used.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local residents and businesses within the Colorado Springs area, but some services may be available to out-of-area clients upon request.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 is generally preferred, though other factors are also considered during approval.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the loan and completeness of application materials.
Is this open on weekends?
The Old Colorado City branch is closed on weekends. SBA lending staff are available Monday through Friday, 8 AM-5 PM. Contact the branch to confirm.
How do I get there and where do I park?
Pikes Peak National Bank is located in Colorado — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Pikes Peak National Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Pikes Peak National Bank itself, which runs its own lending under its own ownership. If you work at Pikes Peak National Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Pikes Peak National Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Pikes Peak National Bank before applying. If you represent Pikes Peak National Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
Reach Pikes Peak National Bank at (719) 473-5310 or occ@ppnb.com. For SBA lending, contact Commercial Lender Alexander Bustillos at (719) 219-3282 or Alexander@ppnb.com.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Pikes Peak National Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Pikes Peak National Bank directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Pikes Peak National Bank participates in SBA Express depends on its specific SBA lending authority. Contact Pikes Peak National Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Pikes Peak National Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
Pikes Peak National Bank offers Entrepreneur accounts specifically designed for startups. Discuss your startup's specific financing needs and requirements directly with the bank.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Pikes Peak National Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Pikes Peak National Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Pikes Peak National Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Pikes Peak National Bank weighs this case by case under its own policy, so be upfront about your history and ask Pikes Peak National Bank how it evaluates prior bankruptcies.
