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County1st of 30 in New Mexico by approvalsFIPS 35001
SBA loans in Bernalillo County, New Mexico
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 559 loans to businesses in Bernalillo County, New Mexico, in FY2021 to FY2025, worth $381M: 482 under 7(a) and 77 under 504.
That is 34.2 approvals per 1,000 business establishments (16,349 establishments in 2023), close to the New Mexico figure of 32.4 and below the national 41.0.
It ranks 1st of 30 New Mexico counties with approvals. In FY2025 there were 140, up 26% on FY2024.
82 lenders had approvals here; the most active were Western Commerce Bank (48), BMO Bank National Association (45) and Capital Certified Development Corporation (37). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Bernalillo County
By number of approvals to businesses in the county, FY2021–FY2025; 82 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Western Commerce BankCarlsbad, NM | 48 | $16.9M | 8.6% | |
| 2 | BMO Bank National AssociationChicago, IL | 45 | $29.4M | 8.1% | |
| 3 | Capital Certified Development CorporationAustin, TX · CDC | 37 | $25.8M | 6.6% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 34 | $14.5M | 6.1% | |
| 5 | U.S. Bank, National AssociationCincinnati, OH | 33 | $4.4M | 5.9% | |
| 6 | Enchantment Land Certified Development CompanyAlbuquerque, NM · CDC | 30 | $21.4M | 5.4% | |
| 7 | The Huntington National BankColumbus, OH | 28 | $9.8M | 5.0% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 25 | $40.9M | 4.5% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 21 | $9.9M | 3.8% | |
| 10 | United Midwest Savings Bank National AssociationDe Graff, OH | 15 | $8.2M | 2.7% | |
| 11 | Readycap Lending, LLCBerkeley Heights, NJ | 15 | $2.9M | 2.7% | |
| 12 | First Bank of the LakeOsage Beach, MO | 13 | $8.3M | 2.3% | |
| 13 | DreamSpringAlbuquerque, NM | 13 | $2.0M | 2.3% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 13 | $1.8M | 2.3% | |
| 15 | Sunflower Bank National AssociationDallas, TX | 11 | $13.4M | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 32 | 5.7% | |
| 2 | Traveler AccommodationNAICS 7211 | 27 | 4.8% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 25 | 4.5% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 18 | 3.2% | |
| 5 | Legal ServicesNAICS 5411 | 17 | 3.0% | |
| 6 | Offices of PhysiciansNAICS 6211 | 16 | 2.9% | |
| 7 | Personal Care ServicesNAICS 8121 | 16 | 2.9% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 14 | 2.5% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 14 | 2.5% | |
| 10 | Other Personal ServicesNAICS 8129 | 13 | 2.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 71 | 12.7% | |
| 2 | Construction | 71 | 12.7% | |
| 3 | Accommodation and Food Services | 65 | 11.6% | |
| 4 | Professional, Scientific, and Technical Services | 65 | 11.6% | |
| 5 | Retail Trade | 55 | 9.8% | |
| 6 | Other Services (except Public Administration) | 52 | 9.3% | |
| 7 | Manufacturing | 50 | 8.9% | |
| 8 | Wholesale Trade | 28 | 5.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 51 | $20.3M | $150K | 8 | $11.3M | 59 | 463 |
| FY2025 | 126 | $77.7M | $250K | 14 | $14.4M | 140 | 1,795 |
| FY2024 | 101 | $47.8M | $220K | 10 | $11.8M | 111 | 1,235 |
| FY2023 | 76 | $38.6M | $311K | 10 | $9.1M | 86 | 1,168 |
| FY2022 | 60 | $44.1M | $390K | 21 | $18.7M | 81 | 1,206 |
| FY2021 | 119 | $110M | $476K | 22 | $8.3M | 141 | 1,533 |
| FY2020 | 88 | $51.1M | $350K | 21 | $10.9M | 109 | 1,822 |
| FY2019 | 95 | $39.1M | $220K | 14 | $15.7M | 109 | 1,232 |
| FY2018 | 93 | $51.4M | $320K | 19 | $16.6M | 112 | 1,553 |
| FY2017 | 122 | $54.1M | $179K | 5 | $3.9M | 127 | 1,253 |
| FY2016 | 115 | $50.4M | $90K | 18 | $11.8M | 133 | 1,191 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 590 approvals.
Against New Mexico and the country
| FY2021–FY2025 | Bernalillo County | New Mexico | United States |
|---|---|---|---|
| Approvals | 559 | 1,453 | 342,825 |
| Approvals per 1,000 establishments | 34.2 | 32.4 | 41.0 |
| Median 7(a) approval | $340K | $250K | $190K |
| Median 504 approval | $497K | $485K | $657K |
| Average approval | $681K | $638K | $573K |
| 504 share of approvals | 13.8% | 12.0% | 11.0% |
| Jobs supported per approval, as reported | 12.4 | 11.9 | 10.5 |
| Share of state approvals | 38.5% | 100.0% | — |
Approval sizes
- $50,000 or less14.8%83
- $50,001 to $150,00016.1%90
- $150,001 to $350,00019.5%109
- $350,001 to $1 million29.9%167
- $1 million to $2 million12.2%68
- Over $2 million7.5%42
Age of the businesses
- Existing, more than 2 years old53.1%297
- New business, 2 years or less17.2%96
- Startup, loan funds will open the business16.3%91
- Change of ownership13.2%74
- Not answered0.2%1
Questions and answers
Which lenders make the most SBA loans in Bernalillo County?
By approvals in FY2021 to FY2025: Western Commerce Bank (48), BMO Bank National Association (45), Capital Certified Development Corporation (37), Wells Fargo Bank National Association (34), U.S. Bank, National Association (33). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Bernalillo County?
The median 7(a) approval was $340K and the median 504 approval $497K; the New Mexico 7(a) median was $250K.
Which industries get the most SBA loans in Bernalillo County?
Restaurants and Other Eating Places (32); Traveler Accommodation (27); Building Equipment Contractors (25); Other Amusement and Recreation Industries (18); Legal Services (17).
Is SBA lending in Bernalillo County rising?
Approvals in the three latest complete fiscal years total 337, against 331 in the three before: broadly level (+2%).
How does Bernalillo County compare with the rest of New Mexico?
34.2 approvals per 1,000 establishments against 32.4 statewide, and 559 of the state's 1,453 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error