New Mexico SBA Loan Data

12,155 loans totaling $3.9B across all SBA programs.

Total Loans

12,155

1991–2025

Total Volume

$3.9B

Gross approval amount

Avg Loan Size

$317K

Median: $127K

Avg Interest Rate

7.31%

Default rate: 9.9%

New Mexico Loan Status

Active14.3%

Paid in Full63.5%

Charged Off8.5%

Cancelled12.8%

Committed0.7%

Download State Data

Get the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.

New Mexico Annual Lending Volume

Number of Loans per Year

Top Industries

Loan Size Distribution

Top Lenders in New Mexico

Lender	Loans	Volume▼	Avg Size	Avg Rate	Default Rate
Wells Fargo Bank National Association	2,093	$432.6M	$207K	8.04%	10.9%
Western Commerce Bank	1,215	$316.9M	$261K	7.08%	9.1%
Live Oak Banking Company	127	$178.1M	$1.4M	6.98%	1.9%
U.S. Bank, National Association	778	$164.2M	$211K	7.52%	11.7%
BMO Bank National Association	400	$160.0M	$400K	5.47%	3.5%
PNC Bank, National Association	570	$117.3M	$206K	7.59%	9.6%
Bank of the Southwest	445	$95.4M	$214K	6.08%	9.5%
Bank of America, National Association	830	$81.7M	$98K	7.30%	17.3%
Readycap Lending, LLC	153	$79.8M	$522K	11.22%	20.7%
First American Bank	277	$78.9M	$285K	6.41%	2.9%
First Savings Bank	288	$50.6M	$176K	5.68%	10.5%
UMB Bank, National Association	212	$46.2M	$218K	6.30%	5.3%
The Bank of Clovis	124	$41.3M	$333K	6.94%	1.8%
UMB BANK, NATIONAL ASSOCIATION	72	$40.7M	$566K	N/A	0.0%
Century Bank	199	$37.8M	$190K	6.70%	7.0%
Lea County State Bank	157	$36.8M	$234K	6.02%	7.8%
Open Bank	15	$35.9M	$2.4M	7.61%	7.7%
Enterprise Bank & Trust	71	$34.3M	$483K	7.16%	4.8%
Sunflower Bank National Association	101	$32.9M	$326K	5.43%	6.6%
Business Loan Center, LLC	41	$29.8M	$726K	N/A	16.1%
First-Citizens Bank & Trust Company	31	$29.0M	$935K	6.16%	0.0%
Newtek Small Business Finance, Inc.	50	$27.8M	$557K	7.00%	8.3%
United Midwest Savings Bank National Association	40	$27.8M	$695K	8.51%	5.7%
Celtic Bank Corporation	50	$26.4M	$528K	7.82%	2.3%
MAIN BANK	41	$25.6M	$625K	N/A	0.0%

Top Counties in New Mexico

County	Loans	Volume▼
Bernalillo →	4,304	$1.5B
Dona Ana →	1,342	$351.1M
Santa Fe →	973	$321.1M
Lea →	793	$235.6M
San Juan →	564	$209.1M
Sandoval →	538	$190.0M
Eddy →	548	$139.0M
Curry →	461	$136.2M
Chaves →	331	$82.4M
Taos →	157	$77.7M
Mckinley →	125	$72.6M
Valencia →	249	$66.3M
Otero →	296	$65.7M
Lincoln →	213	$62.9M
Guadalupe →	57	$45.9M
Sierra →	180	$39.0M
Luna →	87	$34.6M
Grant →	113	$31.9M
Roosevelt →	113	$28.3M
San Miguel →	118	$27.0M
Quay →	56	$25.7M
Colfax →	81	$24.8M
Torrance →	61	$23.8M
Rio Arriba →	75	$19.0M
Cibola →	65	$18.4M

Showing 1–25 of 30

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