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County6th of 14 in Arizona by approvalsFIPS 04005
SBA loans in Coconino County, Arizona
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 147 loans to businesses in Coconino County, Arizona, in FY2021 to FY2025, worth $141M: 115 under 7(a) and 32 under 504.
That is 37.2 approvals per 1,000 business establishments (3,955 establishments in 2023), close to the Arizona figure of 43.1 and close to the national 41.0.
It ranks 6th of 14 Arizona counties with approvals. In FY2025 there were 34, about level with FY2024.
52 lenders had approvals here; the most active were Mortgage Capital Development Corporation (13), CDC Small Business Finance Corp. (9) and Arizona Capital Source (7). The most common industry was traveler accommodation.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Coconino County
By number of approvals to businesses in the county, FY2021–FY2025; 52 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mortgage Capital Development CorporationOakland, CA · CDC | 13 | $13.6M | 8.8% | |
| 2 | CDC Small Business Finance Corp.San Diego, CA · CDC | 9 | $8.4M | 6.1% | |
| 3 | Arizona Capital SourceTucson, AZ · CDC | 7 | $13.0M | 4.8% | |
| 4 | St. Louis BankSt. Louis, MO | 7 | $10.0M | 4.8% | |
| 5 | America First Federal Credit UnionRiverdale, UT | 7 | $9.8M | 4.8% | |
| 6 | Zions Bank, A Division ofSalt Lake City, UT | 7 | $489K | 4.8% | |
| 7 | U.S. Bank, National AssociationCincinnati, OH | 6 | $2.3M | 4.1% | |
| 8 | JPMorgan Chase Bank, National AssociationColumbus, OH | 6 | $1.2M | 4.1% | |
| 9 | The Huntington National BankColumbus, OH | 5 | $2.4M | 3.4% | |
| 10 | CDC Small Business Finance Corp.San Diego, CA | 4 | $1.0M | 2.7% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 4 | $665K | 2.7% | |
| 12 | Mountain America FCUSandy, UT | 4 | $520K | 2.7% | |
| 13 | The Bank of MissouriPerryville, MO | 4 | $309K | 2.7% | |
| 14 | Northeast BankLewiston, ME | 4 | $274K | 2.7% | |
| 15 | Live Oak Banking CompanyWilmington, NC | 3 | $6.7M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 21 | 14.3% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 17 | 11.6% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 10 | 6.8% | |
| 4 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 9 | 6.1% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 4.8% | |
| 6 | Residential Building ConstructionNAICS 2361 | 7 | 4.8% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 2.7% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 4 | 2.7% | |
| 9 | Other Personal ServicesNAICS 8129 | 4 | 2.7% | |
| 10 | Services to Buildings and DwellingsNAICS 5617 | 4 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 48 | 32.7% | |
| 2 | Construction | 18 | 12.2% | |
| 3 | Other Services (except Public Administration) | 14 | 9.5% | |
| 4 | Professional, Scientific, and Technical Services | 13 | 8.8% | |
| 5 | Retail Trade | 12 | 8.2% | |
| 6 | Health Care and Social Assistance | 10 | 6.8% | |
| 7 | Real Estate and Rental and Leasing | 9 | 6.1% | |
| 8 | Manufacturing | 6 | 4.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 19 | $24.7M | $489K | 6 | $6.5M | 25 | 277 |
| FY2025 | 28 | $15.7M | $150K | 6 | $6.2M | 34 | 212 |
| FY2024 | 30 | $22.4M | $235K | 6 | $10.5M | 36 | 255 |
| FY2023 | 17 | $7.8M | $150K | 4 | $3.4M | 21 | 302 |
| FY2022 | 22 | $26.0M | $731K | 11 | $14.6M | 33 | 344 |
| FY2021 | 18 | $28.3M | $1.4M | 5 | $6.4M | 23 | 516 |
| FY2020 | 19 | $19.2M | $775K | 5 | $6.4M | 24 | 297 |
| FY2019 | 24 | $12.2M | $205K | 7 | $7.0M | 31 | 297 |
| FY2018 | 23 | $10.0M | $165K | 4 | $6.2M | 27 | 192 |
| FY2017 | 21 | $17.9M | $527K | 4 | $2.9M | 25 | 269 |
| FY2016 | 36 | $30.6M | $413K | 2 | — | 38 | 890 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 145 approvals.
Against Arizona and the country
| FY2021–FY2025 | Coconino County | Arizona | United States |
|---|---|---|---|
| Approvals | 147 | 7,026 | 342,825 |
| Approvals per 1,000 establishments | 37.2 | 43.1 | 41.0 |
| Median 7(a) approval | $310K | $300K | $190K |
| Median 504 approval | $657K | $706K | $657K |
| Average approval | $962K | $686K | $573K |
| 504 share of approvals | 21.8% | 14.9% | 11.0% |
| Jobs supported per approval, as reported | 11.1 | 12.1 | 10.5 |
| Share of state approvals | 2.1% | 100.0% | — |
Approval sizes
- $50,000 or less10.2%15
- $50,001 to $150,00019.0%28
- $150,001 to $350,00019.0%28
- $350,001 to $1 million19.7%29
- $1 million to $2 million15.6%23
- Over $2 million16.3%24
Age of the businesses
- Existing, more than 2 years old63.9%94
- New business, 2 years or less8.2%12
- Startup, loan funds will open the business11.6%17
- Change of ownership16.3%24
Questions and answers
Which lenders make the most SBA loans in Coconino County?
By approvals in FY2021 to FY2025: Mortgage Capital Development Corporation (13), CDC Small Business Finance Corp. (9), Arizona Capital Source (7), St. Louis Bank (7), America First Federal Credit Union (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Coconino County?
The median 7(a) approval was $310K and the median 504 approval $657K; the Arizona 7(a) median was $300K.
Which industries get the most SBA loans in Coconino County?
Traveler Accommodation (21); Restaurants and Other Eating Places (17); Offices of Other Health Practitioners (10); RV (Recreational Vehicle) Parks and Recreational Camps (9); Automotive Repair and Maintenance (7).
Is SBA lending in Coconino County rising?
Approvals in the three latest complete fiscal years total 91, against 80 in the three before: rising (+14%).
How does Coconino County compare with the rest of Arizona?
37.2 approvals per 1,000 establishments against 43.1 statewide, and 147 of the state's 7,026 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error