Small business loans in Tucson, AZ
Short answer
The most active SBA lenders in Tucson, AZ since FY2024 are Zions Bank (30 loans) and America First (28). The median loan was $260,000, and half fell between $100,000 and $636,200. For free help, see the Arizona SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 315
- approved since FY2024
- $157.41M
- median loan
- $260,000
- through SBA Express
- 21.9%
Lenders making SBA loans in Tucson
No lender made more than 10% of the loans in Tucson, and Zions Bank made the most. The five largest lenders together made 36%.
| Lender | Loans | Share |
|---|---|---|
| Zions Bank | 30 | 9.5% |
| America FirstCredit union | 28 | 8.9% |
| Wells Fargo Bank | 22 | 7.0% |
| Readycap Lending, LLCNon-bank lender | 17 | 5.4% |
| Newtek Bank | 15 | 4.8% |
Share is the percent of all Tucson loans in that period. Each name links to that lender's page for Arizona where one exists.
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Local help near Tucson
Tucson borrowers can start with SBA's district office for Arizona, an SBDC or SCORE.
34% of Tucson borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
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
- Arizona SBDC NetworkSmall Business Development Center
- SCORE mentors in ArizonaBusiness mentoring
Alongside SBA loans, Arizona runs a loan program. The Arizona page describes it, and the official page is linked here.
Loan counts and sizes in Tucson
Tucson ranks 2nd by loans since FY2024 among the 11 Arizona cities with 100 or more SBA loans since FY2020. Nationally it is the 40th busiest of the 580 cities that reach 100 loans.
The 315 loans, 9.5% of the 3,310 in Arizona, were approved for $157.4 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $260,000, 73% above the national median of $150,300. Half of the loans fell between $100,000 and $636,200. The Arizona median is $250,000.
| Measure | Tucson | Arizona | U.S. |
|---|---|---|---|
| Loans | 315 | 3,310 | 162,355 |
| Median loan | $260,000 | $250,000 | $150,300 |
| 25th percentile | $100,000 | $90,000 | $50,000 |
| 75th percentile | $636,200 | $624,250 | $500,000 |
| Via SBA Express | 21.9% | 26.4% | 35.8% |
| Lines of credit | 17.1% | 21.3% | 28.1% |
| Startups | 15.6% | 15.8% | 16.1% |
| Ownership changes | 10.8% | 11.2% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | 3.4% | 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.
69% of the loans were $500,000 or less, the size SBA Express covers. 21.9% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 17.1% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 55.6% of loans went to businesses more than two years old and 18.1% to businesses two years old or younger. Startups received 15.6% and changes of ownership 10.8%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume rose 31% from FY2024 (107 loans) to FY2025 (140), the two latest full years. The busiest full year in the file was FY2025, with 140 loans. FY2026 already shows 68 loans through June 30.
Of the 232 loans Tucson borrowers received in FY2020 to FY2022, 3.4% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 3,229 jobs supported across the 315 loans since FY2024, about 10.3 per loan. SBA does not audit these estimates.
What businesses in Tucson borrow for
Limited-Service Restaurants was the largest borrower group in Tucson, with 13 loans or 4.1% of the total.
The five largest industries made up 14% of all Tucson loans.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Limited-Service Restaurants | 13 | 4.1% | 3.3% |
| Beauty Salons | 9 | 2.9% | 1.5% |
| Full-Service Restaurants | 8 | 2.5% | 4.6% |
| Offices of Dentists | 8 | 2.5% | 1.1% |
| All Other Specialty Trade Contractors | 7 | 2.2% | 1.7% |
Share is the percent of all Tucson 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 Tucson
The median Tucson loan was $260,000 with a median term of 10 years.
The median variable-rate loan in Tucson was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $260,000 over 10 years, principal and interest would come to about $3,400 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $100,000 | $1,308 |
| Median loan | $260,000 | $3,400 |
| 75th percentile loan | $636,200 | $8,320 |
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 $260,000 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).
Tucson 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 $250,000 loan and SBA Express payment calculator.
SBA 504 loans near Tucson
Tucson has 30 SBA 504 loans since FY2024, with $32.6 million in SBA and CDC dollars.
The median 504 loan in Tucson was $691,500 in SBA and CDC dollars, 14% 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 CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on the most loans since FY2024, with 14. Mortgage Capital Development Corporation follows with 11. The two CDCs listed are named on 25 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Arizona Capital Source | 14 |
| Mortgage Capital Development Corporation | 11 |
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 capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
Arizona cities near Tucson
Tucson made up 9.5% of Arizona's SBA loans since FY2024.
Tucson is one of 11 Arizona cities with 100 or more SBA loans since FY2020. The Arizona page covers all 3,310 loans in Arizona. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Tucson
Which lenders make the most SBA loans in Tucson?
Zions Bank leads with 30 loans in Tucson since FY2024. America First (28) and Wells Fargo Bank (22) follow. Only lenders with five or more Tucson loans are counted.
Which industries get SBA loans in Tucson?
Limited-Service Restaurants leads with 13 loans in Tucson since FY2024. Beauty Salons (9) and Full-Service Restaurants (8) follow.
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.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA Arizona District Office (Phoenix)
- Arizona SBDC Network
- SCORE, Arizona
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(3); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Tucson, AZ. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/arizona-small-business-loans/tucson/
Ask lending partners about a loan in Tucson
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.