6,744 SBA loans worth $4.4B went to Arizona businesses between October 2021 and June 2026, from 220 lenders. Wells Fargo Bank made the most 7(a) loans, 387 or 7% of the state's total, and the ten most active lenders made 50%. The median 7(a) loan was $252,850, above the national median of $158,000. Construction was the most financed industry, at 14% of loans. Annual loan count rose 46% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank Bank · Sioux Falls, SD | 387 | $126.5M | $20,000 | 81% | Construction |
| 2 | U.S. Bank Bank · Cincinnati, OH | 368 | $80.3M | $40,000 | 35% | Construction |
| 3 | Huntington National Bank Bank · Columbus, OH | 354 | $116.3M | $230,000 | 73% | Restaurants and hotels |
| 4 | Newtek Bank Bank · Miami, FL | 339 | $122.6M | $234,000 | 17% | Professional and technical services |
| 5 | Northeast Bank Bank · Portland, ME | 307 | $46.1M | $145,400 | 11% | Construction |
| 6 | Zions Bank, A Division of Bank · Salt Lake City, UT | 285 | $93.6M | $100,000 | 34% | Construction |
| 7 | JPMorgan Chase Bank Bank · Columbus, OH | 249 | $75.2M | $200,000 | 14% | Construction |
| 8 | Live Oak Banking Bank · Wilmington, NC | 210 | $307.2M | $902,500 | 22% | Health care and social assistance |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 197 | $32.0M | $150,000 | 5% | Health care and social assistance |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 193 | $74.2M | $150,000 | 21% | Professional and technical services |
| 11 | Celtic Bank Bank · Salt Lake City, UT | 175 | $128.3M | $150,000 | 23% | Retail |
| 12 | America First Federal Credit Union Credit union · Riverdale, UT | 115 | $149.4M | $876,000 | 33% | Health care and social assistance |
| 13 | United Midwest Savings Bank Bank · Degraff, OH | 115 | $44.8M | $150,000 | 76% | Administrative and support services |
| 14 | Midwest Regional Bank Bank · Clayton, MO | 101 | $94.9M | $611,000 | 29% | Other services (repair, personal care) |
| 15 | Bell Bank Bank · Fargo, ND | 101 | $78.6M | $440,400 | 34% | Construction |
| 16 | MidFirst Bank Bank · Oklahoma City, OK | 96 | $128.1M | $1,109,000 | 10% | Health care and social assistance |
| 17 | Mountain America FCU Credit union · Sandy, UT | 92 | $39.7M | $50,000 | 35% | Health care and social assistance |
| 18 | Arizona Capital Source Non-bank lender · Tucson, AZ | 86 | $18.9M | $231,050 | 44% | Restaurants and hotels |
| 19 | Bank of America Bank · Charlotte, NC | 85 | $33.6M | $255,000 | 21% | Professional and technical services |
| 20 | CDC Small Business Finance Non-bank lender · San Diego, CA | 74 | $14.5M | $192,650 | 50% | Health care and social assistance |
| 21 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 70 | $18.1M | $200,000 | 6% | Transportation and warehousing |
| 22 | Arizona Financial Credit Union Credit union · Phoenix, AZ | 65 | $30.4M | $264,000 | 31% | Health care and social assistance |
| 23 | St. Louis Bank Bank · St. Louis, MO | 62 | $85.5M | $765,000 | 8% | Construction |
| 24 | First Bank of the Lake Bank · Osage Beach, MO | 57 | $50.7M | $363,000 | 67% | Construction |
| 25 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 57 | $32.9M | $320,000 | 32% | Professional and technical services |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Mortgage Capital Development Oakland, CA | 532 | $673.0M | $863,000 |
| 2 | Arizona Capital Source Tucson, AZ | 179 | $168.6M | $603,000 |
| 3 | CDC Small Business Finance San Diego, CA | 141 | $137.9M | $689,000 |
| 4 | California Statewide Certified Development Davis, CA | 71 | $67.6M | $581,000 |
| 5 | Mountain West Small Business Finance Salt Lake City, UT | 9 | $12.0M | $879,000 |
| 6 | Preferred Lending Partners Lakewood, CO | 8 | $5.9M | $583,500 |
| 7 | AMPAC Tri-State CDC Ontario, CA | 3 | $3.5M | $947,000 |
| 8 | B:Side Capital Denver, CO | 2 | $874K | $437,000 |
| 9 | Nevada State Development Las Vegas, NV | 2 | $895K | $447,500 |
| 10 | Enchantment Land Certified Development Albuquerque, NM | 1 | $2.1M | $2,065,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 919 | $250,000 | U.S. Bank | |
| Health care and social assistance | 868 | $372,150 | Mortgage Capital Development | |
| Restaurants and hotels | 815 | $500,000 | Mortgage Capital Development | |
| Other services (repair, personal care) | 764 | $318,150 | Mortgage Capital Development | |
| Professional and technical services | 688 | $242,100 | Newtek Bank | |
| Retail | 673 | $350,000 | Wells Fargo Bank | |
| Manufacturing | 383 | $459,000 | Mortgage Capital Development | |
| Administrative and support services | 373 | $234,000 | Zions Bank, A Division of | |
| Transportation and warehousing | 247 | $200,000 | Wells Fargo Bank | |
| Arts, entertainment and recreation | 241 | $350,000 | Huntington National Bank | |
| Wholesale trade | 225 | $349,000 | Mortgage Capital Development | |
| Real estate and rental | 205 | $325,000 | U.S. Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| Phoenix | 1,516 | $1.1B | $354,500 | Mortgage Capital Development |
| Tucson | 627 | $376.0M | $304,000 | Wells Fargo Bank |
| Mesa | 599 | $376.1M | $304,000 | Mortgage Capital Development |
| Scottsdale | 592 | $403.3M | $350,000 | Mortgage Capital Development |
| Gilbert | 369 | $224.4M | $311,000 | Huntington National Bank |
| Chandler | 316 | $205.1M | $350,000 | Huntington National Bank |
| Tempe | 308 | $239.5M | $350,000 | Mortgage Capital Development |
| Glendale | 263 | $145.8M | $320,000 | Huntington National Bank |
| Peoria | 224 | $113.1M | $257,000 | Newtek Bank |
| Surprise | 131 | $91.5M | $300,000 | Huntington National Bank |
| Goodyear | 98 | $42.7M | $159,300 | U.S. Bank |
| Lake Havasu City | 97 | $71.8M | $350,000 | Zions Bank, A Division of |
| Prescott | 95 | $62.8M | $337,600 | Zions Bank, A Division of |
| Flagstaff | 91 | $71.2M | $320,000 | Mortgage Capital Development |
| Queen Creek | 88 | $51.0M | $300,000 | Mortgage Capital Development |
31 Arizona cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.