# Small business loans in Prescott, AZ

**Short answer:** Zions Bank made the most SBA loans in Prescott, AZ since FY2024, with 9. The median loan was $285,000, and half fell between $101,250 and $501,125. For free help, see the Arizona SBDC Network. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/arizona-small-business-loans/prescott/
Data as of: 2026-06-30

## Lenders making SBA loans in Prescott

No lender made more than 19% of the loans in Prescott, and Zions Bank made the most.

**Lenders with five or more SBA loans in Prescott, AZ, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [Zions Bank](https://www.sbaexpress.loans/sba-express-lenders/zions-bank/) | 9 | 18.8% |

Share is the percent of all Prescott loans in that period. Each name links to that lender's page for Arizona where one exists.

Prescott has one lender with five or more loans since FY2024. Others had fewer, and the Arizona page counts 165 lenders with at least one approved loan statewide.

## Local help near Prescott

Prescott borrowers can start with SBA's district office for Arizona, an SBDC or SCORE.

SBA has one district office for Arizona. Its page points to state and federal resources and to lenders in the area. The Arizona SBDC Network gives free counseling across Arizona.

- [SBA Arizona District Office (Phoenix): SBA district office](https://www.sba.gov/district/arizona)
- [Arizona SBDC Network: Small Business Development Center](https://www.arizonasbdc.com/)
- [SCORE mentors in Arizona: Business mentoring](https://www.score.org/az/)

Alongside SBA loans, Arizona runs a loan program. The [Arizona page](https://www.sbaexpress.loans/arizona-small-business-loans/#loan-programs-in-arizona) describes it, and the official page is linked here.

- [Arizona Loan Guarantee Program](https://www.azcommerce.com/ssbci/)

## Loan counts and sizes in Prescott

Prescott ranks 11th by loans since FY2024 among the 11 Arizona cities with 100 or more SBA loans since FY2020. Nationally it is the 541st busiest of the 580 cities that reach 100 loans.

The 48 loans, 1.5% of the 3,310 in Arizona, were approved for $28.4 million in all. The median loan was $285,000, 90% above the national median of $150,300. Half of the loans fell between $101,250 and $501,125. The Prescott median is 14% above the Arizona median of $250,000.

**Prescott, AZ compared with Arizona and the nation, loans from FY2024 to June 2026**

| Measure | Prescott | Arizona | U.S. |
| --- | --- | --- | --- |
| Loans | 48 | 3,310 | 162,355 |
| Median loan | $285,000 | $250,000 | $150,300 |
| 25th percentile | $101,250 | $90,000 | $50,000 |
| 75th percentile | $501,125 | $624,250 | $500,000 |
| Via SBA Express | 10.4% | 26.4% | 35.8% |
| Lines of credit | Fewer than 5 | 21.3% | 28.1% |
| Startups | 16.7% | 15.8% | 16.1% |
| Ownership changes | 12.5% | 11.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 3.1% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

10.4% of all loans went through SBA Express, below the national 35.8%. Fewer than 5 of the loans were lines of credit, below the national 28.1%.

SBA loans in Prescott, AZ by size, FY2024 to June 2026

- $50,000 or less (19%): 9
- $50,001 to $150,000 (19%): 9
- $150,001 to $350,000 (29%): 14
- $350,001 to $500,000: Fewer than 5
- $500,001 to $1,000,000: Fewer than 5
- $1,000,001 to $2,000,000: Fewer than 5
- Over $2,000,000: Fewer than 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

SBA loans in Prescott, AZ by fiscal year

- FY2020: 16
- FY2021: 19
- FY2022: 14
- FY2023: 9
- FY2024: 15
- FY2025: 20
- FY2026 (through June 30): 13

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 33% from FY2024 (15 loans) to FY2025 (20), the two latest full years. The busiest full year in the file was FY2025, with 20 loans. FY2026 already shows 13 loans through June 30.

Of the 49 loans Prescott borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 493 jobs supported across the 48 loans since FY2024, about 10.3 per loan. SBA does not audit these estimates.

## What businesses in Prescott borrow for

Full-Service Restaurants was the largest borrower group in Prescott, with 7 loans or 14.6% of the total.

**Industries with the most SBA loans in Prescott, AZ, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/arizona/) | 7 | 14.6% | 4.6% |

Share is the percent of all Prescott loans in that period. Industry is the NAICS code on each loan. A name links to the Arizona page for that industry where one exists.

## A typical loan payment in Prescott

The median Prescott loan was $285,000 with a median term of 10 years.

The median variable-rate loan in Prescott was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $285,000 over 10 years, principal and interest would come to about $3,727 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Prescott loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $101,250 | $1,324 |
| Median loan | $285,000 | $3,727 |
| 75th percentile loan | $501,125 | $6,553 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $285,000 is Prime plus 4.5 percentage points, or 11.50% today. The median variable-rate loan here was priced 1.8 points under that ceiling. Source: 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Prescott loans approved since FY2024 had a median starting rate of 10.25% at approval, matching the national median. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $300,000 loan](https://www.sbaexpress.loans/loan-amounts/300000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Prescott

Prescott has 6 SBA 504 loans since FY2024, with $2.5 million in SBA and CDC dollars.

The median 504 loan in Prescott was $386,500 in SBA and CDC dollars, 8% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Arizona Capital Source is the Certified Development Company (CDC) named on the most loans since FY2020, with 6. Mortgage Capital Development Corporation follows with 5. The two CDCs listed are named on 11 loans between them.

**CDCs named on five or more 504 loans in Prescott, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Arizona Capital Source | 6 |
| Mortgage Capital Development Corporation | 5 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Arizona cities near Prescott

Prescott made up 1.5% of Arizona's SBA loans since FY2024.

Prescott is one of 11 Arizona cities with 100 or more SBA loans since FY2020. The [Arizona page](https://www.sbaexpress.loans/arizona-small-business-loans/) covers all 3,310 loans in Arizona. The closest come first, ranked by county and ZIP code on their loans.

- [Tucson: 315 loans, median $260,000](https://www.sbaexpress.loans/arizona-small-business-loans/tucson/)
- [Peoria: 112 loans, median $200,000](https://www.sbaexpress.loans/arizona-small-business-loans/peoria/)
- [Surprise: 69 loans, median $275,000](https://www.sbaexpress.loans/arizona-small-business-loans/surprise/)
- [Glendale: 126 loans, median $286,250](https://www.sbaexpress.loans/arizona-small-business-loans/glendale/)
- [Tempe: 139 loans, median $250,000](https://www.sbaexpress.loans/arizona-small-business-loans/tempe/)
- [Scottsdale: 310 loans, median $346,000](https://www.sbaexpress.loans/arizona-small-business-loans/scottsdale/)
- [Gilbert: 191 loans, median $250,000](https://www.sbaexpress.loans/arizona-small-business-loans/gilbert/)
- [Chandler: 165 loans, median $310,000](https://www.sbaexpress.loans/arizona-small-business-loans/chandler/)

## Common questions about SBA loans in Prescott

### Which lenders make the most SBA loans in Prescott?

Zions Bank leads with 9 loans in Prescott since FY2024. Only lenders with five or more Prescott loans are counted.

### Which industries get SBA loans in Prescott?

Full-Service Restaurants leads with 7 loans in Prescott since FY2024.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Arizona District Office (Phoenix)](https://www.sba.gov/district/arizona)
- [Arizona SBDC Network](https://www.arizonasbdc.com/)
- [SCORE, Arizona](https://www.score.org/az/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)