SBA lending by state
SBA Lending in New Mexico
In New Mexico, SBA lenders funded 2,194 7(a) and 504 loans totaling $1.3B, an average of $609K per loan. The most active lender is Enchantment Land Certified Development Company, and the most-funded industry is Accommodation and Food Services.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
2,194
Total volume
$1.3B
Average loan size
$609K
Most active SBA lenders in New Mexico
| Lender | Loans | Total volume |
|---|---|---|
| Enchantment Land Certified Development Company | 287 | $174.5M |
| Capital Certified Development Corporation | 270 | $142.9M |
| Western Commerce Bank | 231 | $119.4M |
| Live Oak Banking Company | 73 | $95.3M |
| BMO Bank National Association | 72 | $51.4M |
| Open Bank | 13 | $34.7M |
| B:Side Capital | 26 | $31.1M |
| Wells Fargo Bank National Association | 135 | $26.2M |
Top industries funded in New Mexico
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 356 | $410.7M |
| Retail Trade | 261 | $154.7M |
| Health Care and Social Assistance | 260 | $135.4M |
| Manufacturing | 162 | $105.4M |
| Construction | 234 | $86.0M |
| Professional and Technical Services | 192 | $85.7M |
| Other Services | 206 | $75.3M |
| Real Estate | 78 | $52.5M |
SBA lending in New Mexico by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 55 | $27.8M |
| 2011 | 60 | $28.0M |
| 2012 | 50 | $27.6M |
| 2013 | 28 | $12.9M |
| 2014 | 27 | $14.7M |
| 2015 | 25 | $14.9M |
| 2016 | 33 | $24.6M |
| 2017 | 19 | $7.9M |
| 2018 | 36 | $26.4M |
| 2019 | 32 | $24.8M |
| 2020 | 250 | $135.2M |
| 2021 | 325 | $238.9M |
| 2022 | 263 | $160.4M |
| 2023 | 237 | $157.3M |
| 2024 | 283 | $150.0M |
| 2025 | 345 | $220.7M |
| 2026 | 126 | $63.4M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.