SBA lending by district
SBA lending in NM-01
SBA 7(a) and 504 financing in New Mexico's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,091
- Total funded
- $1.1B
- Average loan
- $518K
- 7(a) charge-off
- 4.5%
Borrowers in New Mexico's 1st district took 2,091 SBA loans worth $1.1B since FY2010, averaging $518K. Of the 1,786 7(a) loans, 4.5% have charged off. See the rest of New Mexico.
SBA funded volume by fiscal year
Top SBA lenders in NM-01
- 1. BMO Bank National Association $117.1M
- 2. Live Oak Banking Company $93.3M
- 3. Enchantment Land Certified Development Company $93.0M
- 4. Capital Certified Development Corporation $92.1M
- 5. Wells Fargo Bank National Association $86.5M
- 6. U.S. Bank, National Association $49.8M
- 7. Western Commerce Bank $47.9M
- 8. PNC Bank, National Association $36.3M
- 9. Enterprise Bank & Trust $18.7M
- 10. United Midwest Savings Bank National Association $18.6M
Method. SBA 7(a) and 504 loans the SBA recorded in NM-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.