FY20231 Oct 2022 – 30 Sep 2023
SBA loans in Arizona, FY2023
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 FY2023 (1 October 2022 to 30 September 2023) SBA approved 1,280 loans in Arizona: 1,121 under 7(a) and 159 under 504, worth $864M.
That is up 20% on FY2022, when there were 1,067 approvals worth $826M.
Arizona accounted for 2.0% of the 63,286 approvals nationwide that year. 117 lenders had at least one approval in the state; The Huntington National Bank had the most, 106.
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 FY2023, of 117 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | Maricopa County | 963 | $631M | 75.2% | 761 | +202 |
| 2 | Pima County | 129 | $84.7M | 10.1% | 104 | +25 |
| 3 | Pinal County | 40 | $34.2M | 3.1% | 34 | +6 |
| 4 | Mohave County | 39 | $38.4M | 3.0% | 37 | +2 |
| 5 | Yavapai County | 30 | $26.7M | 2.3% | 49 | -19 |
| 6 | Coconino County | 21 | $11.2M | 1.6% | 33 | -12 |
| 7 | Navajo County | 18 | $10.6M | 1.4% | 13 | +5 |
| 8 | Yuma County | 15 | $9.9M | 1.2% | 11 | +4 |
| 9 | Cochise County | 13 | $8.1M | 1.0% | 10 | +3 |
| 10 | Gila County | 5 | $1.2M | 0.4% | 3 | +2 |
| 11 | Santa Cruz County | 3 | $1.0M | 0.2% | 6 | -3 |
| 12 | Graham County | 3 | $4.3M | 0.2% | 3 | 0 |
| 13 | La Paz County | 1 | — | 0.1% | 2 | -1 |
FY2023 against FY2022
| Arizona | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 1,121 | 827 |
| 7(a) dollars | $684M | $567M |
| Median 7(a) approval | $300K | $349K |
| 504 approvals | 159 | 240 |
| 504 dollars | $180M | $259M |
| Jobs supported, as reported | 15,577 | 12,921 |
Questions and answers
Which lenders made the most SBA loans in Arizona in FY2023?
The Huntington National Bank (106), Mortgage Capital Development Corporation (92), Wells Fargo Bank National Association (91), U.S. Bank, National Association (83), BayFirst National Bank (56). 117 lenders had at least one approval.
How many SBA loans were approved in Arizona in FY2023?
1,280: 1,121 under 7(a) worth $684M and 159 under 504 worth $180M.
Which Arizona counties had the most SBA approvals in FY2023?
Maricopa County (963), Pima County (129), Pinal County (40), Mohave County (39), Yavapai County (30).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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