SBA lending by state
SBA Lending in Arizona
In Arizona, SBA lenders funded 9,700 7(a) and 504 loans totaling $6.6B, an average of $681K per loan. The most active lender is Arizona Capital Source, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
9,700
Total volume
$6.6B
Average loan size
$681K
Most active SBA lenders in Arizona
| Lender | Loans | Total volume |
|---|---|---|
| Arizona Capital Source | 1,113 | $745.6M |
| Mortgage Capital Development Corporation | 560 | $681.6M |
| CDC Small Business Finance Corp. | 727 | $561.1M |
| Live Oak Banking Company | 253 | $369.5M |
| Celtic Bank Corporation | 242 | $201.0M |
| MidFirst Bank | 138 | $183.2M |
| Wells Fargo Bank National Association | 523 | $180.0M |
| Zions Bank, A Division of | 330 | $137.4M |
Top industries funded in Arizona
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 1,145 | $1.1B |
| Health Care and Social Assistance | 1,329 | $894.1M |
| Retail Trade | 1,021 | $738.0M |
| Construction | 1,183 | $631.2M |
| Other Services | 1,024 | $605.9M |
| Manufacturing | 628 | $558.7M |
| Professional and Technical Services | 981 | $526.5M |
| Wholesale Trade | 367 | $294.1M |
SBA lending in Arizona by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 122 | $66.0M |
| 2011 | 123 | $54.8M |
| 2012 | 137 | $83.0M |
| 2013 | 95 | $51.5M |
| 2014 | 87 | $55.4M |
| 2015 | 85 | $72.0M |
| 2016 | 95 | $73.2M |
| 2017 | 91 | $77.3M |
| 2018 | 86 | $76.1M |
| 2019 | 126 | $116.0M |
| 2020 | 1,023 | $662.6M |
| 2021 | 1,276 | $1.1B |
| 2022 | 1,064 | $820.8M |
| 2023 | 1,275 | $855.5M |
| 2024 | 1,533 | $912.8M |
| 2025 | 1,869 | $1.1B |
| 2026 | 613 | $414.7M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.