States › Arizona › Pinal County
County4th of 14 in Arizona by approvalsFIPS 04021
SBA loans in Pinal 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 213 loans to businesses in Pinal County, Arizona, in FY2021 to FY2025, worth $142M: 177 under 7(a) and 36 under 504.
That is 45.1 approvals per 1,000 business establishments (4,723 establishments in 2023), close to the Arizona figure of 43.1 and close to the national 41.0.
It ranks 4th of 14 Arizona counties with approvals. In FY2025 there were 56, up 27% on FY2024.
53 lenders had approvals here; the most active were Mortgage Capital Development Corporation (20), U.S. Bank, National Association (18) and Wells Fargo Bank National Association (17). 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 Pinal County
By number of approvals to businesses in the county, FY2021–FY2025; 53 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mortgage Capital Development CorporationOakland, CA · CDC | 20 | $24.9M | 9.4% | |
| 2 | U.S. Bank, National AssociationCincinnati, OH | 18 | $3.7M | 8.5% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 17 | $3.1M | 8.0% | |
| 4 | Celtic Bank CorporationSalt Lake City, UT | 16 | $8.6M | 7.5% | |
| 5 | Newtek Bank, National AssociationMiami, FL | 12 | $2.6M | 5.6% | |
| 6 | CDC Small Business Finance Corp.San Diego, CA · CDC | 10 | $8.4M | 4.7% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 9 | $18.2M | 4.2% | |
| 8 | The Huntington National BankColumbus, OH | 6 | $6.0M | 2.8% | |
| 9 | Arizona Capital SourceTucson, AZ · CDC | 6 | $4.1M | 2.8% | |
| 10 | JPMorgan Chase Bank, National AssociationColumbus, OH | 6 | $2.9M | 2.8% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 6 | $951K | 2.8% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 6 | $851K | 2.8% | |
| 13 | Mountain America FCUSandy, UT | 6 | $275K | 2.8% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $5.8M | 2.3% | |
| 15 | BNC National BankGlendale, AZ | 5 | $1.8M | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 22 | 10.3% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 14 | 6.6% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 8 | 3.8% | |
| 4 | Building Material and Supplies DealersNAICS 4441 | 7 | 3.3% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 3.3% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 6 | 2.8% | |
| 7 | Traveler AccommodationNAICS 7211 | 5 | 2.3% | |
| 8 | Other Personal ServicesNAICS 8129 | 5 | 2.3% | |
| 9 | Offices of PhysiciansNAICS 6211 | 5 | 2.3% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 5 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 35 | 16.4% | |
| 2 | Health Care and Social Assistance | 29 | 13.6% | |
| 3 | Accommodation and Food Services | 28 | 13.1% | |
| 4 | Construction | 27 | 12.7% | |
| 5 | Other Services (except Public Administration) | 21 | 9.9% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 17 | 8.0% | |
| 7 | Professional, Scientific, and Technical Services | 14 | 6.6% | |
| 8 | Real Estate and Rental and Leasing | 11 | 5.2% |
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 | $9.9M | $200K | 5 | $5.2M | 24 | 273 |
| FY2025 | 52 | $34.1M | $150K | 4 | $8.4M | 56 | 920 |
| FY2024 | 40 | $19.6M | $216K | 4 | $4.1M | 44 | 717 |
| FY2023 | 31 | $24.0M | $190K | 9 | $10.2M | 40 | 303 |
| FY2022 | 20 | $10.6M | $332K | 14 | $10.8M | 34 | 308 |
| FY2021 | 34 | $16.4M | $173K | 5 | $3.9M | 39 | 426 |
| FY2020 | 29 | $7.7M | $150K | 5 | $4.7M | 34 | 327 |
| FY2019 | 37 | $18.7M | $325K | 5 | $3.0M | 42 | 524 |
| FY2018 | 23 | $19.7M | $190K | 1 | — | 24 | 230 |
| FY2017 | 20 | $9.1M | $123K | 3 | $1.4M | 23 | 171 |
| FY2016 | 31 | $9.8M | $75K | 1 | — | 32 | 238 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 155 approvals.
Against Arizona and the country
| FY2021–FY2025 | Pinal County | Arizona | United States |
|---|---|---|---|
| Approvals | 213 | 7,026 | 342,825 |
| Approvals per 1,000 establishments | 45.1 | 43.1 | 41.0 |
| Median 7(a) approval | $201K | $300K | $190K |
| Median 504 approval | $753K | $706K | $657K |
| Average approval | $667K | $686K | $573K |
| 504 share of approvals | 16.9% | 14.9% | 11.0% |
| Jobs supported per approval, as reported | 12.6 | 12.1 | 10.5 |
| Share of state approvals | 3.0% | 100.0% | — |
Approval sizes
- $50,000 or less21.1%45
- $50,001 to $150,00020.2%43
- $150,001 to $350,00021.1%45
- $350,001 to $1 million16.9%36
- $1 million to $2 million11.7%25
- Over $2 million8.9%19
Age of the businesses
- Existing, more than 2 years old55.4%118
- New business, 2 years or less22.1%47
- Startup, loan funds will open the business15.0%32
- Change of ownership7.5%16
Questions and answers
Which lenders make the most SBA loans in Pinal County?
By approvals in FY2021 to FY2025: Mortgage Capital Development Corporation (20), U.S. Bank, National Association (18), Wells Fargo Bank National Association (17), Celtic Bank Corporation (16), Newtek Bank, National Association (12). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Pinal County?
The median 7(a) approval was $201K and the median 504 approval $753K; the Arizona 7(a) median was $300K.
Which industries get the most SBA loans in Pinal County?
Restaurants and Other Eating Places (22); Services to Buildings and Dwellings (14); Building Equipment Contractors (8); Building Material and Supplies Dealers (7); Automotive Repair and Maintenance (7).
Is SBA lending in Pinal County rising?
Approvals in the three latest complete fiscal years total 140, against 107 in the three before: rising (+31%).
How does Pinal County compare with the rest of Arizona?
45.1 approvals per 1,000 establishments against 43.1 statewide, and 213 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