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  • Find me a PPP lender
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Top SBA Lenders – SBA Loans Arizona

Published by sbalenders On February 26, 2020

Last annual update: Jan 17, 2021

Top Arizona PPP lenders (loans <$150,000)

RankBank# PPP Loans
1JPMorgan Chase Bank10,275
2Bank of America7,968
3Wells Fargo Bank7,228
4Zions Bank4,763
5Cross River Bank3,648
6Celtic Bank Corporation3,280
7MidFirst Bank3,158
8Kabbage3,026
9U.S. Bank2,368
10BBVA USA2,147

  Apply online for a PPP loan today  

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:

Most active SBA lenders in Arizona

Phoenix            Scottsdale            Tucson

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1U.S. BankCincinnati, OH154$82,7828.0%
2Wells FargoSioux Falls, SD101$238,8059.3%
3JPMorgan Chase BankColumbus, OH98$443,8297.6%
4MidFirst BankOklahoma City, OK53$280,59610.2%
5Zions BankSalt Lake City, UT41$385,3128.9%
6First Home BankSaint Petersburg, FL39$225,5418.1%
7Seacoast Commerce BankSan Diego, CA31$830,9587.4%
8Bank of the WestSan Francisco, CA30$414,1276.0%
9Stearns BankSaint Cloud, MN30$344,5778.0%
10Live OakWilmington, NC29$1,319,8286.7%
11Celtic BankSalt Lake City, UT28$928,8898.0%
12Midwest Regional BankFestus, MO27$491,5118.1%
13United Midwest Savings BankDe Graff, OH24$217,0838.0%
14Horizon Community BankLake Havasu City, AZ21$719,9957.7%
15Comerica BankDallas, TX21$223,4297.0%
16Business Development FinanceTucson, AZ20$145,85010.1%
17Pinnacle BankScottsdale, AZ18$640,4447.3%
18Newtek Small Business FinanceLake Success, NY16$352,7318.3%
19Bank of AmericaCharlotte, NC15$978,6533.9%
20Western Alliance BankPhoenix, AZ15$139,4738.0%

 

Note: PPP loan activity data: CARES Act from March – August 2020. Does not include 2021 PPP loans.

Categories: News Tags: Arizona
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