SBA lending by metro area
SBA lenders in Carlsbad, NM
Which lenders fund Carlsbad-area businesses, how much, and how the market compares with New Mexico: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Carlsbad area
Ranked by SBA volume funded to businesses located in the Carlsbad micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Western Commerce Bank | 119 | $36.2M | $305K | 0.84% |
| 2 | First American Bank | 60 | $23.4M | $390K | 0.00% |
| 3 | Wells Fargo Bank National Association | 10 | $739K | $74K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Carlsbad compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Carlsbad area | $165K ▼ 17.5% | 2.6% ▼ 9.8 pts |
| New Mexico | $200K | 12.5% |
| United States | $179K | 11.2% |
What gets funded in Carlsbad
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 32 | $18.5M |
| Mining and Extraction | 53 | $17.5M |
| Construction | 29 | $9.6M |
| Manufacturing | 17 | $9.6M |
| Transportation and Warehousing | 14 | $7.1M |
| Retail Trade | 10 | $5.4M |
| Health Care and Social Assistance | 25 | $4.3M |
| Other Services | 17 | $4.3M |
SBA lending in Carlsbad by year
Geography, precisely
"Carlsbad area" here means the Carlsbad-Artesia, NM micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Eddy County, NM. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.