SBA Ledger

States › Arizona › FY2021

FY20211 Oct 2020 – 30 Sep 2021

SBA loans in Arizona, FY2021

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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 1,274 loans in Arizona: 1,047 under 7(a) and 227 under 504, worth $1.09bn.

That is up 25% on FY2020, when there were 1,019 approvals worth $656M.

Arizona accounted for 2.1% of the 61,532 approvals nationwide that year. 129 lenders had at least one approval in the state; CDC Small Business Finance Corp. had the most, 89.

1,274approvalsFY2020: 1,019
$1.09bndollars approvedFY2020: $656M
$498Kmedian 7(a) approvalFY2020: $335K
129lenders with an approval
18,978jobs supported, as reported

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 FY2021, of 129 active.

#LenderProgramApprovalsDollarsShare of stateFY2020Change
1CDC Small Business Finance Corp.50489$86.9M7.0%61+28
2Arizona Capital Source50484$66.8M6.6%85-1
3Wells Fargo Bank National Association7(a)65$23.4M5.1%74-9
4U.S. Bank, National Association7(a)62$33.4M4.9%85-23
5Sunflower Bank National Association7(a)58$41.5M4.6%31+27
6Mortgage Capital Development Corporation50451$43.7M4.0%0new
7America First Federal Credit Union7(a)47$50.0M3.7%26+21
8Celtic Bank Corporation7(a)43$43.2M3.4%32+11
9PNC Bank, National Association7(a)42$25.3M3.3%23+19
10Zions Bank, A Division of7(a)40$43.8M3.1%33+7
11Live Oak Banking Company7(a)38$51.1M3.0%24+14
12Arizona Financial Credit Union7(a)34$27.9M2.7%38-4
13Enterprise Bank & Trust7(a)30$24.3M2.4%28+2
14Alerus Financial, National Association7(a)29$28.0M2.3%13+16
15MidFirst Bank7(a)27$45.1M2.1%24+3
16United Midwest Savings Bank National Association7(a)27$5.7M2.1%19+8
17Newtek Small Business Finance, Inc.7(a)22$12.0M1.7%5+17
18The Huntington National Bank7(a)20$12.7M1.6%7+13
19St. Louis Bank7(a)17$17.5M1.3%13+4
20BOKF, National Association7(a)17$14.4M1.3%5+12
21Midwest Regional Bank7(a)17$12.5M1.3%16+1
22BMO Bank National Association7(a)17$11.4M1.3%23-6
23VelocitySBA, LLC7(a)16$20.8M1.3%3+13
24Arizona Capital Source7(a)16$2.3M1.3%9+7
25Byline Bank7(a)15$17.3M1.2%7+8
26BNC National Bank7(a)15$9.8M1.2%9+6
27JPMorgan Chase Bank, National Association7(a)15$4.9M1.2%39-24
28Columbia Bank7(a)13$12.5M1.0%8+5
29BayFirst National Bank7(a)12$2.6M0.9%13-1
30Fifth Third Bank7(a)12$1.4M0.9%15-3
31Banc of California7(a)11$17.0M0.9%15-4
32CDC Small Business Finance Corp.7(a)11$1.5M0.9%110
33Western Alliance Bank7(a)10$11.2M0.8%100
34The Bancorp Bank National Association7(a)9$10.0M0.7%4+5
35Southwest Heritage Bank7(a)9$6.4M0.7%8+1
36Readycap Lending, LLC7(a)9$6.2M0.7%8+1
37Citizens Bank7(a)9$4.3M0.7%8+1
38Summit State Bank7(a)8$27.9M0.6%5+3
39Bank of America, National Association7(a)8$5.2M0.6%10-2
40Banterra Bank7(a)8$3.3M0.6%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2020Change
1Maricopa County936$795M73.5%719+217
2Pima County129$125M10.1%116+13
3Yavapai County53$34.7M4.2%41+12
4Mohave County40$46.2M3.1%31+9
5Pinal County39$20.3M3.1%34+5
6Coconino County23$34.7M1.8%24-1
7Cochise County15$12.1M1.2%8+7
8Navajo County11$6.9M0.9%8+3
9Yuma County10$6.9M0.8%17-7
10Santa Cruz County5$1.0M0.4%7-2
11La Paz County4$4.4M0.3%2+2
12Graham County4$3.3M0.3%2+2
13Gila County3$2.4M0.2%9-6
14Apache County2—0.2%1+1

FY2021 against FY2020

ArizonaFY2021FY2020
7(a) approvals1,047871
7(a) dollars$893M$546M
Median 7(a) approval$498K$335K
504 approvals227148
504 dollars$201M$110M
Jobs supported, as reported18,97812,005

Questions and answers

Which lenders made the most SBA loans in Arizona in FY2021?

CDC Small Business Finance Corp. (89), Arizona Capital Source (84), Wells Fargo Bank National Association (65), U.S. Bank, National Association (62), Sunflower Bank National Association (58). 129 lenders had at least one approval.

How many SBA loans were approved in Arizona in FY2021?

1,274: 1,047 under 7(a) worth $893M and 227 under 504 worth $201M.

Which Arizona counties had the most SBA approvals in FY2021?

Maricopa County (936), Pima County (129), Yavapai County (53), Mohave County (40), Pinal County (39).

When does FY2021 start and end?

The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.

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