# Buying a Business in Arizona: SBA Lending

Change-of-ownership SBA 7(a) approvals in Arizona, FY2020 through FY2025. Every figure is read from SBA 7(a) FOIA loan-level dataset (as of June 30, 2026).

Also on this site: https://searchspheresource.com/guides/states/arizona.md
Also on this site: https://searchspheresource.com/data/acquisition-lending
Source: https://searchspheresource.com/data/acquisition-lending/arizona
Last checked: 2026-10-02

## The Numbers

- Loans since FY2020: 824, $988,843,400 approved in total
- FY2025 loans: 147, $176,824,600 approved
- Median loan: $822,200
- Share of national acquisition lending: 2.3%

## The Most Active Lenders in Arizona

Ranked by change-of-ownership loans written in the covered years. A bank high here is a bank that has already said yes to this kind of deal in this state.

1. Live Oak Banking Company: 103 loans
2. St. Louis Bank: 77 loans
3. Celtic Bank Corporation: 49 loans
4. Midwest Regional Bank: 42 loans
5. Zions Bank, A Division of: 26 loans

## What Gets Financed in Arizona

- Full-Service Restaurants: 42 loans
- General Automotive Repair: 34 loans
- Limited-Service Restaurants: 24 loans
- Assisted Living Facilities for the Elderly: 24 loans
- Plumbing, Heating, and Air-Conditioning Contractors: 23 loans

## Method and Source

- SBA 7(a) FOIA loan-level dataset (as of June 30, 2026): https://data.sba.gov/dataset/7a-504-foia
- Coverage: FY2020 through FY2025
- Segment: SBA 7(a) approvals with BusinessAge "Change of Ownership"

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