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County8th of 14 in Arizona by approvalsFIPS 04017
SBA loans in Navajo 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.
Businesses in Navajo County, Arizona, received 79 SBA loan approvals worth $58.8M in FY2021 to FY2025 (67 7(a), 12 504).
That is 42.5 approvals per 1,000 business establishments (1,860 establishments in 2023), close to the Arizona figure of 43.1 and close to the national 41.0.
It ranks 8th of 14 Arizona counties with approvals. In FY2025 there were 15, down 32% on FY2024.
36 lenders had approvals here; the most active were Zions Bank, A Division of (16), Arizona Capital Source (5) and BayFirst National Bank (5). 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 Navajo County
By number of approvals to businesses in the county, FY2021–FY2025; 36 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division ofSalt Lake City, UT | 16 | $9.5M | 20.3% | |
| 2 | Arizona Capital SourceTucson, AZ · CDC | 5 | $4.3M | 6.3% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 5 | $705K | 6.3% | |
| 4 | Mortgage Capital Development CorporationOakland, CA · CDC | 4 | $1.9M | 5.1% | |
| 5 | CDC Small Business Finance Corp.San Diego, CA · CDC | 3 | $3.3M | 3.8% | |
| 6 | America First Federal Credit UnionRiverdale, UT | 3 | $2.8M | 3.8% | |
| 7 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $630K | 3.8% | |
| 8 | Open BankLos Angeles, CA | 2 | — | 2.5% | |
| 9 | Mission Valley BankSun Valley, CA | 2 | — | 2.5% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 2 | — | 2.5% | |
| 11 | FFB BankFresno, CA | 2 | — | 2.5% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.5% | |
| 13 | Enterprise Bank & TrustClayton, MO | 2 | — | 2.5% | |
| 14 | BMO Bank National AssociationChicago, IL | 2 | — | 2.5% | |
| 15 | Bell BankFargo, ND | 2 | — | 2.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 13 | 16.5% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 13.9% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 8.9% | |
| 4 | Printing and Related Support ActivitiesNAICS 3231 | 2 | 2.5% | |
| 5 | Motor Vehicle and Motor Vehicle Parts and Supplies Merchant WholesalersNAICS 4231 | 2 | 2.5% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 2 | 2.5% | |
| 7 | Automotive Equipment Rental and LeasingNAICS 5321 | 2 | 2.5% | |
| 8 | Household Appliances and Electrical and Electronic Goods Merchant WholesalersNAICS 4236 | 2 | 2.5% | |
| 9 | Employment ServicesNAICS 5613 | 2 | 2.5% | |
| 10 | Gasoline StationsNAICS 4471 | 1 | 1.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 24 | 30.4% | |
| 2 | Retail Trade | 9 | 11.4% | |
| 3 | Other Services (except Public Administration) | 8 | 10.1% | |
| 4 | Manufacturing | 7 | 8.9% | |
| 5 | Health Care and Social Assistance | 5 | 6.3% | |
| 6 | Wholesale Trade | 5 | 6.3% | |
| 7 | Construction | 5 | 6.3% | |
| 8 | Real Estate and Rental and Leasing | 4 | 5.1% |
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* | 12 | $12.5M | $75K | 1 | — | 13 | 148 |
| FY2025 | 14 | $4.5M | $188K | 1 | — | 15 | 209 |
| FY2024 | 19 | $16.7M | $500K | 3 | $1.2M | 22 | 147 |
| FY2023 | 17 | $9.8M | $350K | 1 | — | 18 | 220 |
| FY2022 | 8 | $12.1M | $828K | 5 | $6.0M | 13 | 114 |
| FY2021 | 9 | $6.1M | $170K | 2 | — | 11 | 62 |
| FY2020 | 7 | $4.6M | $573K | 1 | — | 8 | 27 |
| FY2019 | 15 | $12.5M | $350K | 2 | — | 17 | 165 |
| FY2018 | 6 | $5.8M | $88K | 1 | — | 7 | 59 |
| FY2017 | 6 | $4.0M | $105K | 0 | — | 6 | 14 |
| FY2016 | 12 | $10.9M | $271K | 0 | — | 12 | 93 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 50 approvals.
Against Arizona and the country
| FY2021–FY2025 | Navajo County | Arizona | United States |
|---|---|---|---|
| Approvals | 79 | 7,026 | 342,825 |
| Approvals per 1,000 establishments | 42.5 | 43.1 | 41.0 |
| Median 7(a) approval | $350K | $300K | $190K |
| Median 504 approval | $677K | $706K | $657K |
| Average approval | $745K | $686K | $573K |
| 504 share of approvals | 15.2% | 14.9% | 11.0% |
| Jobs supported per approval, as reported | 9.5 | 12.1 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less12.7%10
- $50,001 to $150,00017.7%14
- $150,001 to $350,00017.7%14
- $350,001 to $1 million26.6%21
- $1 million to $2 million17.7%14
- Over $2 million7.6%6
Age of the businesses
- Existing, more than 2 years old43.0%34
- New business, 2 years or less27.8%22
- Startup, loan funds will open the business5.1%4
- Change of ownership24.1%19
Questions and answers
Which lenders make the most SBA loans in Navajo County?
By approvals in FY2021 to FY2025: Zions Bank, A Division of (16), Arizona Capital Source (5), BayFirst National Bank (5), Mortgage Capital Development Corporation (4), CDC Small Business Finance Corp. (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Navajo County?
The median 7(a) approval was $350K and the median 504 approval $677K; the Arizona 7(a) median was $300K.
Which industries get the most SBA loans in Navajo County?
Traveler Accommodation (13); Restaurants and Other Eating Places (11); Automotive Repair and Maintenance (7); Printing and Related Support Activities (2); Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (2).
Is SBA lending in Navajo County rising?
Approvals in the three latest complete fiscal years total 55, against 32 in the three before: rising (+72%).
How does Navajo County compare with the rest of Arizona?
42.5 approvals per 1,000 establishments against 43.1 statewide, and 79 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