SBA Ledger

States › Arizona › FY2025

FY20251 Oct 2024 – 30 Sep 2025

SBA loans in Arizona, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 1,871 loans in Arizona: 1,649 under 7(a) and 222 under 504, worth $1.12bn.

That is up 22% on FY2024, when there were 1,534 approvals worth $913M.

Arizona accounted for 2.2% of the 84,840 approvals nationwide that year. 127 lenders had at least one approval in the state; Northeast Bank had the most, 151.

1,871approvalsFY2024: 1,534
$1.12bndollars approvedFY2024: $913M
$243Kmedian 7(a) approvalFY2024: $250K
127lenders with an approval
21,261jobs 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 FY2025, of 127 active.

#LenderProgramApprovalsDollarsShare of stateFY2024Change
1Northeast Bank7(a)151$24.8M8.1%69+82
2Mortgage Capital Development Corporation504137$192M7.3%131+6
3Zions Bank, A Division of7(a)125$30.8M6.7%52+73
4Newtek Bank, National Association7(a)120$44.0M6.4%97+23
5The Huntington National Bank7(a)108$36.4M5.8%78+30
6Wells Fargo Bank National Association7(a)91$41.6M4.9%98-7
7U.S. Bank, National Association7(a)86$22.5M4.6%89-3
8JPMorgan Chase Bank, National Association7(a)67$24.7M3.6%85-18
9Readycap Lending, LLC7(a)65$32.7M3.5%73-8
10Live Oak Banking Company7(a)63$76.9M3.4%33+30
11Celtic Bank Corporation7(a)53$28.1M2.8%36+17
12BayFirst National Bank7(a)53$7.8M2.8%69-16
13Mountain America FCU7(a)37$15.8M2.0%28+9
14Lendistry SBLC, LLC7(a)35$8.1M1.9%18+17
15United Midwest Savings Bank National Association7(a)33$13.2M1.8%25+8
16Arizona Capital Source50432$35.4M1.7%38-6
17California Statewide Certified Development Corporation50427$18.5M1.4%16+11
18Midwest Regional Bank7(a)25$25.3M1.3%20+5
19America First Federal Credit Union7(a)23$30.3M1.2%28-5
20Bell Bank7(a)23$15.2M1.2%15+8
21Bank of America, National Association7(a)20$8.3M1.1%28-8
22Arizona Capital Source7(a)20$4.4M1.1%22-2
23MidFirst Bank7(a)18$25.1M1.0%14+4
24CDC Small Business Finance Corp.50417$20.4M0.9%11+6
25UMB Bank, National Association7(a)17$14.5M0.9%170
26St. Louis Bank7(a)16$19.6M0.9%160
27First Bank of the Lake7(a)15$11.7M0.8%150
28Harvest Small Business Finance, LLC7(a)14$9.3M0.7%7+7
29Western Alliance Bank7(a)13$7.5M0.7%8+5
30BNC National Bank7(a)13$5.0M0.7%130
31Fifth Third Bank7(a)12$11.4M0.6%7+5
32Integro Bank7(a)11$15.1M0.6%110
33CDC Small Business Finance Corp.7(a)11$1.9M0.6%17-6
34Bank Five Nine7(a)10$10.1M0.5%3+7
35Alerus Financial, National Association7(a)10$8.9M0.5%8+2
36The Bancorp Bank National Association7(a)10$7.7M0.5%9+1
37CenTrust Bank, A Division of SmartBiz Bank National Association7(a)10$1.9M0.5%0new
38WaFd Bank7(a)10$222K0.5%0new
39Busey Bank7(a)8$5.1M0.4%4+4
40BOKF, National Association7(a)8$5.1M0.4%2+6

Approvals by county

#CountyApprovalsDollarsShare of stateFY2024Change
1Maricopa County1,381$861M73.8%1,106+275
2Pima County193$88.2M10.3%164+29
3Yavapai County62$44.1M3.3%68-6
4Mohave County58$28.6M3.1%36+22
5Pinal County56$42.5M3.0%44+12
6Coconino County34$21.9M1.8%36-2
7Yuma County28$5.1M1.5%16+12
8Cochise County24$14.2M1.3%12+12
9Navajo County15$5.2M0.8%22-7
10Gila County7$6.3M0.4%14-7
11La Paz County4$1.9M0.2%40
12Santa Cruz County4$1.3M0.2%6-2
13Apache County3$3.9M0.2%2+1
14Graham County2—0.1%4-2

FY2025 against FY2024

ArizonaFY2025FY2024
7(a) approvals1,6491,335
7(a) dollars$847M$705M
Median 7(a) approval$243K$250K
504 approvals222199
504 dollars$277M$208M
Jobs supported, as reported21,26116,565

Questions and answers

Which lenders made the most SBA loans in Arizona in FY2025?

Northeast Bank (151), Mortgage Capital Development Corporation (137), Zions Bank, A Division of (125), Newtek Bank, National Association (120), The Huntington National Bank (108). 127 lenders had at least one approval.

How many SBA loans were approved in Arizona in FY2025?

1,871: 1,649 under 7(a) worth $847M and 222 under 504 worth $277M.

Which Arizona counties had the most SBA approvals in FY2025?

Maricopa County (1,381), Pima County (193), Yavapai County (62), Mohave County (58), Pinal County (56).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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