SBA data · Arizona
SBA lending in Arizona
21,156 loans worth $11.99B have been approved for Arizona projects since FY2010 - the #15 state by SBA dollars, 2.4% of the national total.
State rank
#15
by dollars approved
Approved
$11.99B
FY2010 onward
Loans
21,156
Median loan
$277,000
+54% vs national
Median 7(a) rate
7.00%
Jobs supported
278,065
Lender-reported
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Who lends here
The most active SBA lenders in Arizona
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in AZ | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank | $938.5M | 2,514 | $373,325 | |
| 2 | Arizona Capital Source | $767.8M | 1,266 | $606,488 | |
| 3 | Mortgage Capital Development Corporation | $718.6M | 593 | $1,211,728 | |
| 4 | Live Oak Banking Company | $611.6M | 471 | $1,298,535 | |
| 5 | CDC Small Business Finance Corp. | $569.0M | 782 | $727,588 | |
| 6 | JPMorgan Chase Bank | $523.4M | 2,099 | $249,338 | |
| 7 | Arizona Financial Credit Union | $418.6M | 564 | $742,179 | |
| 8 | Celtic Bank Corporation | $314.3M | 463 | $678,794 | |
| 9 | MidFirst Bank | $308.5M | 351 | $878,967 | |
| 10 | Enterprise Bank & Trust | $305.3M | 381 | $801,432 | |
| 11 | U.S. Bank | $297.7M | 1,066 | $279,259 | |
| 12 | PNC Bank | $275.0M | 1,198 | $229,533 |
By sector in Arizona
- Restaurants & Hotels2,358 · $2.03B
- Health Care2,974 · $1.71B
- Construction2,398 · $1.02B
- Other Services2,085 · $1.02B
- Professional Services2,352 · $992.8M
- Retail1,394 · $895.4M
- Wholesale923 · $595.7M
- Real Estate682 · $472.1M
- Administrative & Waste1,078 · $454.2M
- Arts & Recreation636 · $377.4M
- Transportation580 · $241.8M
- Finance & Insurance476 · $236.9M
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Arizona. The final bar is a partial fiscal year.
Loan sizes in Arizona
- Under $50K18%
- $50K - $150K16%
- $150K - $350K23%
- $350K - $1M27%
- $1M - $2M11%
- Over $2M6%
SBA lending in Arizona: common questions
- How many SBA loans are approved in Arizona?
- 21,156 SBA 7(a) and 504 loans totalling $11,986,582,600 have been approved for projects in Arizona since fiscal year 2010, ranking it #15 among states and territories by dollars approved - 2.4% of all SBA lending nationally.
- Which lenders make the most SBA loans in Arizona?
- By dollars approved in Arizona, the most active lenders are Wells Fargo Bank, Arizona Capital Source, Mortgage Capital Development Corporation, Live Oak Banking Company, CDC Small Business Finance Corp.. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Arizona?
- The median gross approval in Arizona is $277,000, 54% above the national median of $180,000. Half of all loans in the state fall between $25,000 and $1,485,000.
- Do I need to use a lender based in Arizona?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Arizona, wherever they are headquartered.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
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