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Few Arizona-based banks were among the largest lenders to “The Grand Canyon State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Arizona:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Wells Fargo | Sioux Falls, SD | 197 | $416,767 | 7.4% |
| 2 | Compass Bank | Birmingham, AL | 167 | $175,177 | 8.1% |
| 3 | JPMorgan Chase Bank | Columbus, OH | 151 | $422,387 | 6.7% |
| 4 | U.S. Bank | Cincinnati, OH | 46 | $128,807 | 8.0% |
| 5 | Stearns Bank | Saint Cloud, MN | 40 | $392,080 | 6.7% |
| 6 | Pinnacle Bank | Scottsdale, AZ | 38 | $1,047,855 | 6.2% |
| 7 | Zions Bank | Salt Lake City, UT | 32 | $132,453 | 8.3% |
| 8 | Bank of the West | San Francisco, CA | 30 | $733,827 | 5.2% |
| 9 | Business Development Finance | Tucson, AZ | 30 | $121,763 | 8.7% |
| 10 | Live Oak | Wilmington, NC | 30 | $1,355,667 | 6.3% |
| 11 | Celtic Bank | Salt Lake City, UT | 29 | $358,369 | 6.7% |
| 12 | CoBiz Bank | Denver, CO | 29 | $658,983 | 5.5% |
| 13 | Comerica Bank | Dallas, TX | 29 | $182,534 | 5.9% |
| 14 | Midwest Regional Bank | Festus, MO | 28 | $856,804 | 6.8% |
| 15 | Seacoast Commerce Bank | San Diego, CA | 28 | $872,043 | 6.3% |
| 16 | First Home Bank | Seminole, FL | 26 | $241,346 | 6.8% |
| 17 | Spirit of Texas Bank | College Station, TX | 22 | $345,868 | 6.4% |
| 18 | BNC National Bank | Glendale, AZ | 19 | $349,211 | 6.4% |
| 19 | Independence Bank | East Greenwich, RI | 18 | $133,333 | 7.1% |
| 20 | Newtek Small Business | Lake Success, NY | 18 | $936,422 | 6.9% |
| 21 | Western Alliance Bank | Phoenix, AZ | 18 | $342,789 | 6.7% |
| 22 | Horizon Community Bank | Lake Havasu City, AZ | 15 | $855,200 | 6.4% |
| 23 | Metro Phoenix Bank | Phoenix, AZ | 15 | $845,033 | 6.0% |
| 24 | MidFirst Bank | Oklahoma City, OK | 15 | $900,400 | 5.8% |
| 25 | Pacific Western Bank | Beverly Hills, CA | 15 | $1,177,200 | 6.2% |