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County1st of 14 in Arizona by approvalsFIPS 04013
SBA loans in Maricopa 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 5,147 loans to businesses in Maricopa County, Arizona, in FY2021 to FY2025, worth $3.50bn: 4,397 under 7(a) and 750 under 504.
That is 46.8 approvals per 1,000 business establishments (109,863 establishments in 2023), close to the Arizona figure of 43.1 and close to the national 41.0.
It ranks 1st of 14 Arizona counties with approvals. In FY2025 there were 1,381, up 25% on FY2024.
198 lenders had approvals here; the most active were Mortgage Capital Development Corporation (378), Wells Fargo Bank National Association (302) and U.S. Bank, National Association (285). The most common industry was restaurants and other eating places.
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 Maricopa County
By number of approvals to businesses in the county, FY2021–FY2025; 198 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mortgage Capital Development CorporationOakland, CA · CDC | 378 | $484M | 7.3% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 302 | $88.2M | 5.9% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 285 | $76.9M | 5.5% | |
| 4 | The Huntington National BankColumbus, OH | 281 | $91.8M | 5.5% | |
| 5 | Northeast BankLewiston, ME | 187 | $26.9M | 3.6% | |
| 6 | JPMorgan Chase Bank, National AssociationColumbus, OH | 186 | $57.5M | 3.6% | |
| 7 | CDC Small Business Finance Corp.San Diego, CA · CDC | 179 | $181M | 3.5% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 169 | $74.0M | 3.3% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 157 | $27.4M | 3.1% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 151 | $203M | 2.9% | |
| 11 | Celtic Bank CorporationSalt Lake City, UT | 146 | $115M | 2.8% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 128 | $42.4M | 2.5% | |
| 13 | Arizona Capital SourceTucson, AZ · CDC | 126 | $120M | 2.4% | |
| 14 | MidFirst BankOklahoma City, OK | 104 | $147M | 2.0% | |
| 15 | Zions Bank, A Division ofSalt Lake City, UT | 100 | $53.8M | 1.9% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 385 | 7.5% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 210 | 4.1% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 202 | 3.9% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 189 | 3.7% | |
| 5 | Personal Care ServicesNAICS 8121 | 176 | 3.4% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 170 | 3.3% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 151 | 2.9% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 142 | 2.8% | |
| 9 | Offices of PhysiciansNAICS 6211 | 134 | 2.6% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 114 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 737 | 14.3% | |
| 2 | Construction | 638 | 12.4% | |
| 3 | Professional, Scientific, and Technical Services | 582 | 11.3% | |
| 4 | Other Services (except Public Administration) | 562 | 10.9% | |
| 5 | Retail Trade | 516 | 10.0% | |
| 6 | Accommodation and Food Services | 496 | 9.6% | |
| 7 | Manufacturing | 302 | 5.9% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 275 | 5.3% |
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* | 597 | $402M | $300K | 93 | $115M | 690 | 7,841 |
| FY2025 | 1,204 | $633M | $250K | 177 | $228M | 1,381 | 16,412 |
| FY2024 | 960 | $494M | $250K | 146 | $155M | 1,106 | 12,554 |
| FY2023 | 851 | $497M | $298K | 112 | $133M | 963 | 12,224 |
| FY2022 | 613 | $398M | $328K | 148 | $167M | 761 | 9,787 |
| FY2021 | 769 | $636M | $500K | 167 | $159M | 936 | 14,444 |
| FY2020 | 615 | $396M | $350K | 104 | $77.4M | 719 | 8,929 |
| FY2019 | 777 | $410M | $250K | 83 | $78.7M | 860 | 10,355 |
| FY2018 | 825 | $424M | $250K | 60 | $50.0M | 885 | 11,863 |
| FY2017 | 931 | $481M | $245K | 66 | $61.5M | 997 | 13,446 |
| FY2016 | 923 | $450M | $225K | 74 | $60.5M | 997 | 13,401 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 4,458 approvals.
Against Arizona and the country
| FY2021–FY2025 | Maricopa County | Arizona | United States |
|---|---|---|---|
| Approvals | 5,147 | 7,026 | 342,825 |
| Approvals per 1,000 establishments | 46.8 | 43.1 | 41.0 |
| Median 7(a) approval | $300K | $300K | $190K |
| Median 504 approval | $734K | $706K | $657K |
| Average approval | $680K | $686K | $573K |
| 504 share of approvals | 14.6% | 14.9% | 11.0% |
| Jobs supported per approval, as reported | 12.7 | 12.1 | 10.5 |
| Share of state approvals | 73.3% | 100.0% | — |
Approval sizes
- $50,000 or less15.7%806
- $50,001 to $150,00016.3%838
- $150,001 to $350,00019.2%988
- $350,001 to $1 million28.5%1,465
- $1 million to $2 million12.4%639
- Over $2 million8.0%411
Age of the businesses
- Existing, more than 2 years old58.0%2,983
- New business, 2 years or less16.5%850
- Startup, loan funds will open the business15.7%806
- Change of ownership9.8%504
- Not answered0.1%4
Questions and answers
Which lenders make the most SBA loans in Maricopa County?
By approvals in FY2021 to FY2025: Mortgage Capital Development Corporation (378), Wells Fargo Bank National Association (302), U.S. Bank, National Association (285), The Huntington National Bank (281), Northeast Bank (187). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Maricopa County?
The median 7(a) approval was $300K and the median 504 approval $734K; the Arizona 7(a) median was $300K.
Which industries get the most SBA loans in Maricopa County?
Restaurants and Other Eating Places (385); Automotive Repair and Maintenance (210); Offices of Other Health Practitioners (202); Building Equipment Contractors (189); Personal Care Services (176).
Is SBA lending in Maricopa County rising?
Approvals in the three latest complete fiscal years total 3,450, against 2,416 in the three before: rising (+43%).
How does Maricopa County compare with the rest of Arizona?
46.8 approvals per 1,000 establishments against 43.1 statewide, and 5,147 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