Arizona · Mining & Energy
SBA loans for mining & energy in Arizona
41 loans worth $33.6M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Arizona.
Loans
41
Approved
$33.6M
Median loan
$350,000
+54% vs sector nationally
Median rate
7.20%
Jobs supported
751
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.
Lenders
Who lends to mining & energy in Arizona
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Alerus Financial | 4 | $6.8M | |
| Arizona Financial Credit Union | 3 | $5.0M | |
| Enterprise Bank & Trust | 3 | $4.4M | |
| Bell Bank | 2 | $3.5M | |
| NexBank | 1 | $2.4M | |
| First Bank | 1 | $2.4M | |
| Columbia Bank | 2 | $2.0M | |
| St. Louis Bank | 1 | $1.7M |
Detail
Which industries inside the sector
All SBA lending in Arizona
21,156 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Arizona?
- 41 SBA loans totalling $33,646,400 have been approved for mining, quarrying, and oil and gas extraction projects in Arizona since FY2010.
- Which lenders finance mining & energy in Arizona?
- The most active by dollars approved are Alerus Financial, Arizona Financial Credit Union, Enterprise Bank & Trust, Bell Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Arizona?
- The median approval is $350,000, 54% above the national median for this sector ($227,300).
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