Brewers join firms tapping SBA for loans

Two new Boulder brewers were among the more than 1,000 companies that benefitted from a record Small Business Administration lending spree in Colorado this year.

Fate Ale House & Brewing and Sanitas Brewing Co. LLC received SBA loans for undisclosed amounts through Colorado Lending Source. The Denver-based nonprofit group focuses on small businesses and economic development.

In all, the federal SBA approved a record $622.5 million in loans in Colorado for fiscal year 2013, an 11.5 percent increase over fiscal year 2012.

Fate Ale House and Sanitas Brewing received funds through the SBA’s 7(a) loan program, which mostly is used to help…