# America First SBA loans in Arizona **Short answer:** SBA's loan file shows America First made 171 SBA loans in Arizona since October 2019. The median loan was $802,600, 40% above its national median of $572,900. 17.5% went to startups, against 27.9% of its loans nationally. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/america-first/arizona/ Data as of: 2026-06-30 This site is not America First sbaexpress.loans is not America First, and America First did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from America First. These are the 171 SBA 7(a) loans [America First](https://www.sbaexpress.loans/sba-express-lenders/america-first/) made in [Arizona](https://www.sbaexpress.loans/arizona-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other. ## How America First differs in Arizona **What this means for you.** Use the local range, not the national one, to judge your own request: half of these loans in Arizona ran from $456,800 to $1,441,600. ### Loan size The median loan was $802,600 in Arizona, 40% above its national median of $572,900. The middle half of loans in Arizona ran from $456,800 to $1,441,600. For all its loans the middle half ran from $324,000 to $1,259,900. Median loan, Oct 2019 to Jun 2026 - Arizona: $802,600 - All its U.S. loans: $572,900 ### Startups 17.5% of the loans in Arizona went to startups, where the loan opens the business, against 27.9% of its loans nationally. Startups (the loan opens the business), share of loans, Oct 2019 to Jun 2026 - Arizona: 17.5% - All its U.S. loans: 27.9% ### Share of the state's loans America First made 2.5% of the SBA loans approved in Arizona since October 2019, against 0.22% of loans nationwide. Its share here is 11.6 times its national share. Share of all SBA loans, Oct 2019 to Jun 2026 - Arizona: 2.5% - All its U.S. loans: 0.22% We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. The table compares every measure. ## Arizona next to the U.S. **Arizona compared with all of America First's U.S. loans, October 2019 to June 2026** | Measure | Arizona | All its U.S. loans | Reading | | --- | --- | --- | --- | | Lender's share of all SBA loans | 2.5% | 0.22% | Clearly higher | | Median loan | $802,600 | $572,900 | Clearly higher | | Middle half of loans | $456,800 to $1,441,600 | $324,000 to $1,259,900 | – | | Startups (the loan opens the business) | 17.5% | 27.9% | Clearly lower | | In business 2 years or less | 18.7% | 17.4% | No clear gap | | In business more than 2 years | 49.1% | 41.8% | No clear gap | | Change of ownership | 13.5% | 12.1% | No clear gap | | SBA Express | Fewer than 5 | 1.8% | No clear gap | | Lines of credit | Fewer than 5 | 1.6% | No clear gap | | Median term | 25 years | 25 years | – | | Median spread over Prime at approval | 1.25 points over Prime | 1.5 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## What America First lends to in Arizona The 5 industries below account for 48 of the 171 loans approved October 2019 to June 2026, or 28.1%. An industry is listed when it has 5 or more of them, five at most. **Top industries in Arizona** | Industry | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [Assisted Living Facilities for the Elderly](https://www.sbaexpress.loans/industries/assisted-living-facilities-for-the-elderly/) | 20 | 11.7% | 4.2% | | [Offices of Lawyers](https://www.sbaexpress.loans/industries/offices-of-lawyers/) | 9 | 5.3% | Not in top 5 | | [Plumbing, Heating, and Air-Conditioning Contractors](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/) | 7 | 4.1% | Not in top 5 | | [Car Washes](https://www.sbaexpress.loans/industries/car-washes/) | 6 | 3.5% | Not in top 5 | | [Residential Mental Health and Substance Abuse Facilities](https://www.sbaexpress.loans/industries/residential-mental-health-substance-abuse-facilities/) | 6 | 3.5% | Not in top 5 | Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries. ## Other lenders in Arizona Other lenders in Arizona with a clear difference from the national pattern, most loans first. **Other lenders in Arizona** | Lender | Loans since October 2019 | | --- | --- | | [Wells Fargo Bank](https://www.sbaexpress.loans/sba-express-lenders/wells-fargo-bank/arizona/) | 496 | | [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/arizona/) | 428 | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/arizona/) | 354 | | [JPMorgan Chase Bank](https://www.sbaexpress.loans/sba-express-lenders/jpmorgan-chase-bank/arizona/) | 285 | | [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/arizona/) | 229 | | [PNC Bank](https://www.sbaexpress.loans/sba-express-lenders/pnc-bank/arizona/) | 102 | | [St. Louis Bank](https://www.sbaexpress.loans/sba-express-lenders/st-louis-bank/arizona/) | 88 | | [Fifth Third Bank](https://www.sbaexpress.loans/sba-express-lenders/fifth-third-bank/arizona/) | 69 | 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. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [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)