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SBA lenders in Phoenix, AZ

SBA 7(a) and 504 loans to businesses in Phoenix (Maricopa County), October 2021 to June 30, 2026 · Updated October 15, 2026
1,517
SBA loans approved
$1.1B
Total approved
$353,000
Median loan
125
Lenders active
27%
To startups

1,517 SBA loans worth $1.1B went to businesses in Phoenix, AZ between October 2021 and June 2026, from 125 lenders. Mortgage Capital Development made the most, 156 loans. The median loan was $353,000, compared with $326,000 across Arizona, and construction was the most financed industry.

Most active SBA lenders in Phoenix

#LenderLoansApprovedMedian loanTo startups
1Mortgage Capital Development
Certified development company · Oakland, CA
156$205.7M$939,0006%
2Wells Fargo Bank
Bank · Sioux Falls, SD
91$31.6M$20,00080%
3U.S. Bank
Bank · Cincinnati, OH
84$22.9M$40,00030%
4Northeast Bank
Bank · Portland, ME
78$12.0M$142,10010%
5Newtek Bank
Bank · Miami, FL
70$23.4M$250,00019%
6Huntington National Bank
Bank · Columbus, OH
63$23.3M$225,00073%
7JPMorgan Chase Bank
Bank · Columbus, OH
52$15.8M$250,00010%
8Live Oak Banking
Bank · Wilmington, NC
44$47.9M$802,50025%
9Bell Bank
Bank · Fargo, ND
40$35.4M$467,55030%
10Readycap Lending
Non-bank lender · Berkeley Heights, NJ
40$16.7M$80,50015%
11CDC Small Business Finance
Certified development company · San Diego, CA
39$37.7M$659,0008%
12Celtic Bank
Bank · Salt Lake City, UT
39$24.0M$296,00026%
13BayFirst National Bank
Bank · St. Petersburg, FL
38$7.5M$150,0005%
14MidFirst Bank
Bank · Oklahoma City, OK
37$51.0M$1,142,5003%
15Zions Bank, A Division of
Bank · Salt Lake City, UT
37$14.0M$157,90049%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Phoenix. For 504 loans the lender shown is the certified development company.

What gets financed in Phoenix

IndustryLoansShareMedian loanMost active lender
Construction210
14%
$350,000Mortgage Capital Development
Professional and technical services194
13%
$250,000Mortgage Capital Development
Health care and social assistance169
11%
$372,600Mortgage Capital Development
Other services (repair, personal care)160
11%
$350,000Mortgage Capital Development
Restaurants and hotels154
10%
$466,500Huntington National Bank
Manufacturing125
8%
$522,000Mortgage Capital Development
Retail121
8%
$350,000Mortgage Capital Development
Administrative and support services101
7%
$350,000Mortgage Capital Development
Loan size mix
  • Under $150,00025%
  • $150,000 to $500,00033%
  • $500,000 to $2 million33%
  • $2 million and up9%
Compared with Arizona
Median loan, Phoenix
$353,000
Median loan, Arizona
$326,000
Startup share, Phoenix
27%
Startup share, Arizona
32%
Share of state's SBA loans
22.5%

SBA loans per fiscal year in Phoenix

0167333500FY14: 263 loansFY14FY15: 332 loansFY15FY16: 315 loansFY16FY17: 299 loansFY17FY18: 310 loansFY18FY19: 280 loansFY19FY20: 247 loansFY20FY21: 315 loansFY21FY22: 241 loansFY22FY23: 288 loansFY23FY24: 334 loansFY24FY25: 432 loansFY25432FY26 (Oct to Jun): 222 loansFY26222
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.