FY20201 Oct 2019 – 30 Sep 2020
SBA loans in Arizona, FY2020
That fiscal year's approvals by lender and by county.
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.
In FY2020 (1 October 2019 to 30 September 2020) SBA approved 1,019 loans in Arizona: 871 under 7(a) and 148 under 504, worth $656M.
That is down 15% on FY2019, when there were 1,194 approvals worth $690M.
Arizona accounted for 2.1% of the 49,417 approvals nationwide that year. 102 lenders had at least one approval in the state; Arizona Capital Source had the most, 85.
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.
Approvals by lender
The 40 lenders with the most approvals to Arizona businesses in FY2020, of 102 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2019 | Change |
|---|---|---|---|---|---|---|
| 1 | Maricopa County | 719 | $473M | 70.6% | 860 | -141 |
| 2 | Pima County | 116 | $50.7M | 11.4% | 122 | -6 |
| 3 | Yavapai County | 41 | $27.2M | 4.0% | 39 | +2 |
| 4 | Pinal County | 34 | $12.4M | 3.3% | 42 | -8 |
| 5 | Mohave County | 31 | $22.2M | 3.0% | 39 | -8 |
| 6 | Coconino County | 24 | $25.6M | 2.4% | 31 | -7 |
| 7 | Yuma County | 17 | $11.1M | 1.7% | 16 | +1 |
| 8 | Gila County | 9 | $7.8M | 0.9% | 8 | +1 |
| 9 | Navajo County | 8 | $5.2M | 0.8% | 17 | -9 |
| 10 | Cochise County | 8 | $5.7M | 0.8% | 13 | -5 |
| 11 | Santa Cruz County | 7 | $8.6M | 0.7% | 3 | +4 |
| 12 | La Paz County | 2 | — | 0.2% | 1 | +1 |
| 13 | Graham County | 2 | — | 0.2% | 0 | new |
| 14 | Apache County | 1 | — | 0.1% | 3 | -2 |
FY2020 against FY2019
| Arizona | FY2020 | FY2019 |
|---|---|---|
| 7(a) approvals | 871 | 1,068 |
| 7(a) dollars | $546M | $574M |
| Median 7(a) approval | $335K | $250K |
| 504 approvals | 148 | 126 |
| 504 dollars | $110M | $116M |
| Jobs supported, as reported | 12,005 | 13,833 |
Questions and answers
Which lenders made the most SBA loans in Arizona in FY2020?
Arizona Capital Source (85), U.S. Bank, National Association (85), Wells Fargo Bank National Association (74), CDC Small Business Finance Corp. (61), JPMorgan Chase Bank, National Association (39). 102 lenders had at least one approval.
How many SBA loans were approved in Arizona in FY2020?
1,019: 871 under 7(a) worth $546M and 148 under 504 worth $110M.
Which Arizona counties had the most SBA approvals in FY2020?
Maricopa County (719), Pima County (116), Yavapai County (41), Pinal County (34), Mohave County (31).
When does FY2020 start and end?
The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.
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