Lenders › Arizona Financial Credit Union
7(a) lenderPhoenix, Arizonacredit union326th of 2,184 by approvals
Arizona Financial Credit Union
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Arizona Financial Credit Union, based in Phoenix, Arizona, is a credit union in the SBA 7(a) program. SBA approved 95 of its 7(a) loans worth $56.5M in FY2021 to FY2025, which places it 326th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 7 approvals totalling $2.4M. FY2026 to 30 Jun 2026 adds 7 more.
The median approval was $342K, against $190K for the 7(a) program as a whole; 21.1% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 9 counties, led by Arizona (96.8%), Nevada (2.1%) and California (1.1%). The largest industry group was health care and social assistance at 23.2% of approvals, and 6.3% of approvals were to franchise businesses.
Of 471 disbursed loans approved in FY2010 to FY2021, SBA records 24 as charged off (5.1%), 365 as paid in full and 82 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 7 | $4.9M | $485K | $706K | 113 |
| FY2025 | 7 | $2.4M | $250K | $337K | 15 |
| FY2024 | 8 | $1.3M | $132K | $161K | 131 |
| FY2023 | 22 | $10.4M | $252K | $473K | 390 |
| FY2022 | 23 | $12.2M | $350K | $533K | 264 |
| FY2021 | 35 | $30.2M | $497K | $863K | 562 |
| FY2020 | 43 | $30.7M | $338K | $714K | 363 |
| FY2019 | 43 | $31.3M | $450K | $727K | 633 |
| FY2018 | 51 | $54.1M | $415K | $1.1M | 1,139 |
| FY2017 | 59 | $48.3M | $590K | $818K | 1,038 |
| FY2016 | 44 | $34.3M | $438K | $778K | 893 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 240 approvals. First approval on file: FY2011.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Arizona | 7(a) program |
|---|---|---|---|
| Approvals in these years | 524 | 12,990 | 639,905 |
| Cancelled or never disbursed | 53 | 1,486 | 79,313 |
| Disbursed loans | 471 | 11,504 | 560,592 |
| Paid in full | 365 | 8,917 | 435,813 |
| Charged off | 24 | 692 | 36,891 |
| Still outstanding (status exempt from disclosure) | 82 | 1,895 | 87,888 |
| Charged off, share of disbursed loans | 5.1% | 6.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.3% | 1.9% | 2.5% |
| Dollars charged off | $8.8M | $110M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 32 | 16 | 0 | 0.0% | 2.8% |
| FY2020 | 39 | 24 | 0 | 0.0% | 4.0% |
| FY2019 | 42 | 25 | 1 | 2.4% | 6.7% |
| FY2018 | 43 | 33 | 1 | 2.3% | 7.9% |
| FY2017 | 58 | 47 | 4 | 6.9% | 7.7% |
| FY2016 | 41 | 32 | 5 | 12.2% | 7.2% |
| FY2015 | 68 | 56 | 6 | 8.8% | 6.9% |
| FY2014 | 64 | 56 | 4 | 6.3% | 6.4% |
| FY2013 | 42 | 36 | 1 | 2.4% | 6.0% |
| FY2012 | 40 | 38 | 2 | 5.0% | 6.3% |
| FY2011 | 2 | 2 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $342K | $190K |
| Average approval | $595K | $518K |
| Approvals of $150,000 or less | 21.1% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 38.9% | 34.3% |
| Approvals to franchise businesses | 6.3% | 11.5% |
| Jobs supported per approval, as reported | 14.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.1% | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Arizona | 92 | $53.4M | 96.8% | |
| 2 | Nevada | 2 | — | 2.1% | |
| 3 | California | 1 | — | 1.1% |
In Arizona the lender accounts for 1.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (9 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Maricopa County, AZ | 64 | $38.5M | 67.4% | |
| 2 | Mohave County, AZ | 18 | $9.3M | 18.9% | |
| 3 | Yavapai County, AZ | 4 | $695K | 4.2% | |
| 4 | Pinal County, AZ | 3 | $812K | 3.2% | |
| 5 | Clark County, NV | 2 | — | 2.1% | |
| 6 | Riverside County, CA | 1 | — | 1.1% | |
| 7 | La Paz County, AZ | 1 | — | 1.1% | |
| 8 | Coconino County, AZ | 1 | — | 1.1% | |
| 9 | Pima County, AZ | 1 | — | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 22 | 23.2% | |
| 2 | Construction | 16 | 16.8% | |
| 3 | Retail Trade | 10 | 10.5% | |
| 4 | Accommodation and Food Services | 8 | 8.4% | |
| 5 | Other Services (except Public Administration) | 7 | 7.4% | |
| 6 | Wholesale Trade | 6 | 6.3% | |
| 7 | Professional, Scientific, and Technical Services | 5 | 5.3% | |
| 8 | Real Estate and Rental and Leasing | 5 | 5.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 10 | 10.5% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 8.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 5.3% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 4 | 4.2% | |
| 5 | Building Finishing ContractorsNAICS 2383 | 4 | 4.2% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 4 | 4.2% | |
| 7 | Child Day Care ServicesNAICS 6244 | 3 | 3.2% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 3.2% | |
| 9 | Services to Buildings and DwellingsNAICS 5617 | 3 | 3.2% | |
| 10 | Offices of PhysiciansNAICS 6211 | 3 | 3.2% |
Approval sizes
- $50,000 or less5.3%5
- $50,001 to $150,00015.8%15
- $150,001 to $350,00032.6%31
- $350,001 to $1 million28.4%27
- $1 million to $2 million14.7%14
- Over $2 million3.2%3
Loan terms
- 5 years or less4.2%4
- Over 5 to 10 years52.6%50
- Over 10 to 20 years7.4%7
- Over 20 years35.8%34
Age of the businesses
- Existing, more than 2 years old52.6%50
- New business, 2 years or less22.1%21
- Startup, loan funds will open the business16.8%16
- Change of ownership8.4%8
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 72 | 75.8% | |
| 2 | SBA Express Program | 16 | 16.8% | |
| 3 | 7a General | 6 | 6.3% | |
| 4 | Working Capital CAPLine | 1 | 1.1% |
Franchise share
6 of 95 approvals in FY2021–FY2025 (6.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Motel 6 | 1 | 1.1% | |
| 2 | The Buffalo Spot | 1 | 1.1% | |
| 3 | Woof Gang Bakery and Grooming | 1 | 1.1% | |
| 4 | PacWest Energy | 1 | 1.1% | |
| 5 | Sharkey's Cuts for Kids | 1 | 1.1% | |
| 6 | The Flame Broiler The Rice Bowl King | 1 | 1.1% |
Questions and answers
How many SBA loans does Arizona Financial Credit Union make?
SBA approved 7 7(a) loans through Arizona Financial Credit Union in FY2025, worth $2.4M, and 95 over FY2021 to FY2025. That ranks 326th of 2,184 active 7(a) lenders by number of approvals.
How large are Arizona Financial Credit Union's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $342K and the average $595K. The program-wide median was $190K.
What is Arizona Financial Credit Union's charge-off rate?
Of 471 disbursed loans approved in FY2010 to FY2021, SBA records 24 as charged off (5.1%), 365 as paid in full and 82 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Arizona Financial Credit Union lend to most?
By number of approvals in FY2021 to FY2025: continuing care retirement communities and assisted living facilities for the elderly (10); other specialty trade contractors (8); restaurants and other eating places (5); building equipment contractors (4).
Where does Arizona Financial Credit Union make SBA loans?
In 3 states and territories. Arizona 92, Nevada 2, California 1. In Arizona it accounts for 1.5% of all 7(a) approvals.
Is Arizona Financial Credit Union's SBA lending rising?
Approvals in the three latest complete fiscal years total 37, against 101 in the three before: falling (-63%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error