Last annual update:
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 | 132 | $350,464 | 8.2% |
| 2 | JPMorgan Chase Bank | Columbus, OH | 128 | $360,404 | 7.4% |
| 3 | Zions Bank | Salt Lake City, UT | 94 | $113,353 | 10.0% |
| 4 | U.S. Bank | Cincinnati, OH | 64 | $82,238 | 8.4% |
| 5 | Compass Bank | Birmingham, AL | 43 | $475,065 | 8.1% |
| 6 | Celtic Bank | Salt Lake City, UT | 33 | $516,555 | 7.6% |
| 7 | Independence Bank | East Greenwich, RI | 33 | $124,242 | 6.5% |
| 8 | First Home Bank | Seminole, FL | 31 | $238,597 | 7.7% |
| 9 | Midwest Regional Bank | Festus, MO | 30 | $335,663 | 7.5% |
| 10 | Bank of the West | San Francisco, CA | 29 | $656,162 | 6.6% |
| 11 | Stearns Bank | Saint Cloud, MN | 29 | $403,724 | 7.4% |
| 12 | Seacoast Commerce Bank | San Diego, CA | 27 | $1,000,167 | 7.0% |
| 13 | Horizon Community Bank | Lake Havasu City, AZ | 25 | $909,900 | 7.5% |
| 14 | Western Alliance Bank | Phoenix, AZ | 24 | $318,896 | 7.6% |
| 15 | Live Oak | Wilmington, NC | 23 | $1,110,913 | 7.1% |
| 16 | Bank of America | Charlotte, NC | 20 | $755,675 | 6.0% |
| 17 | Business Development Finance | Tucson, AZ | 20 | $148,860 | 9.5% |
| 18 | CoBiz Bank | Denver, CO | 19 | $827,126 | 6.1% |
| 19 | Pinnacle Bank | Scottsdale, AZ | 19 | $960,947 | 6.8% |
| 20 | BNC National Bank | Glendale, AZ | 17 | $298,865 | 7.0% |
| 21 | MidFirst Bank | Oklahoma City, OK | 17 | $737,418 | 7.1% |
| 22 | Newtek Small Business | Lake Success, NY | 14 | $1,054,214 | 7.6% |
| 23 | United Midwest Savings Bank | De Graff, OH | 14 | $262,857 | 7.5% |
| 24 | CDC Small Business Finance | San Diego, CA | 13 | $157,292 | 9.5% |
| 25 | Comerica Bank | Dallas, TX | 13 | $126,923 | 6.7% |
| 26 | Spirit of Texas Bank | College Station, TX | 11 | $923,600 | 7.0% |
| 27 | Byline Bank | Chicago, IL | 9 | $703,278 | 7.7% |
| 28 | Harvest Small Business Finance | Laguna Hills, CA | 9 | $927,867 | 7.0% |
| 29 | Pacific Western Bank | Beverly Hills, CA | 9 | $1,158,400 | 6.2% |
| 30 | Radius Bank | Boston, MA | 9 | $690,500 | 7.6% |
