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County8th of 30 in New Mexico by approvalsFIPS 35009
SBA loans in Curry 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.
Businesses in Curry County, New Mexico, received 56 SBA loan approvals worth $39.6M in FY2021 to FY2025 (53 7(a), 3 504).
That is 55.0 approvals per 1,000 business establishments (1,018 establishments in 2023), above the New Mexico figure of 32.4 and above the national 41.0.
It ranks 8th of 30 New Mexico counties with approvals. In FY2025 there were 10.
12 lenders had approvals here; the most active were The Bank of Clovis (19), Western Commerce Bank (14) and U.S. Bank, National Association (10). 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 Curry County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Bank of ClovisClovis, NM | 19 | $7.3M | 33.9% | |
| 2 | Western Commerce BankCarlsbad, NM | 14 | $12.0M | 25.0% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 10 | $937K | 17.9% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 2 | — | 3.6% | |
| 5 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 3.6% | |
| 6 | Capital Certified Development CorporationAustin, TX · CDC | 2 | — | 3.6% | |
| 7 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 3.6% | |
| 8 | B:Side CapitalDenver, CO · CDC | 1 | — | 1.8% | |
| 9 | UMB Bank, National AssociationKansas City, MO | 1 | — | 1.8% | |
| 10 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 1.8% | |
| 11 | First Bank of the LakeOsage Beach, MO | 1 | — | 1.8% | |
| 12 | WaFd BankSeattle, WA | 1 | — | 1.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 10.7% | |
| 2 | Automobile DealersNAICS 4411 | 3 | 5.4% | |
| 3 | Building Material and Supplies DealersNAICS 4441 | 3 | 5.4% | |
| 4 | Clothing and Clothing Accessories RetailersNAICS 4581 | 3 | 5.4% | |
| 5 | Personal Care ServicesNAICS 8121 | 3 | 5.4% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 3 | 5.4% | |
| 7 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 3.6% | |
| 8 | Traveler AccommodationNAICS 7211 | 2 | 3.6% | |
| 9 | Drycleaning and Laundry ServicesNAICS 8123 | 2 | 3.6% | |
| 10 | Offices of PhysiciansNAICS 6211 | 2 | 3.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 14 | 25.0% | |
| 2 | Accommodation and Food Services | 9 | 16.1% | |
| 3 | Other Services (except Public Administration) | 9 | 16.1% | |
| 4 | Health Care and Social Assistance | 4 | 7.1% | |
| 5 | Manufacturing | 4 | 7.1% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 4 | 7.1% | |
| 7 | Transportation and Warehousing | 3 | 5.4% | |
| 8 | Construction | 3 | 5.4% |
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* | 2 | — | — | 0 | — | 2 | 4 |
| FY2025 | 9 | $867K | $40K | 1 | — | 10 | 25 |
| FY2024 | 7 | $772K | $90K | 0 | — | 7 | 44 |
| FY2023 | 7 | $11.1M | $400K | 1 | — | 8 | 393 |
| FY2022 | 14 | $7.3M | $135K | 0 | — | 14 | 81 |
| FY2021 | 16 | $16.2M | $244K | 1 | — | 17 | 178 |
| FY2020 | 2 | — | — | 0 | — | 2 | 4 |
| FY2019 | 8 | $2.2M | $147K | 0 | — | 8 | 36 |
| FY2018 | 5 | $645K | $90K | 1 | — | 6 | 21 |
| FY2017 | 11 | $4.9M | $108K | 0 | — | 11 | 88 |
| FY2016 | 6 | $820K | $18K | 0 | — | 6 | 14 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 33 approvals.
Against New Mexico and the country
| FY2021–FY2025 | Curry County | New Mexico | United States |
|---|---|---|---|
| Approvals | 56 | 1,453 | 342,825 |
| Approvals per 1,000 establishments | 55.0 | 32.4 | 41.0 |
| Median 7(a) approval | $150K | $250K | $190K |
| Median 504 approval | $405K | $485K | $657K |
| Average approval | $708K | $638K | $573K |
| 504 share of approvals | 5.4% | 12.0% | 11.0% |
| Jobs supported per approval, as reported | 12.9 | 11.9 | 10.5 |
| Share of state approvals | 3.9% | 100.0% | — |
Approval sizes
- $50,000 or less25.0%14
- $50,001 to $150,00026.8%15
- $150,001 to $350,00016.1%9
- $350,001 to $1 million14.3%8
- $1 million to $2 million5.4%3
- Over $2 million12.5%7
Age of the businesses
- Existing, more than 2 years old42.9%24
- New business, 2 years or less26.8%15
- Startup, loan funds will open the business19.6%11
- Change of ownership10.7%6
Questions and answers
Which lenders make the most SBA loans in Curry County?
By approvals in FY2021 to FY2025: The Bank of Clovis (19), Western Commerce Bank (14), U.S. Bank, National Association (10), Live Oak Banking Company (2), Newtek Small Business Finance, Inc. (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Curry County?
The median 7(a) approval was $150K and the median 504 approval $405K; the New Mexico 7(a) median was $250K.
Which industries get the most SBA loans in Curry County?
Restaurants and Other Eating Places (6); Automobile Dealers (3); Building Material and Supplies Dealers (3); Clothing and Clothing Accessories Retailers (3); Personal Care Services (3).
Is SBA lending in Curry County rising?
Approvals in the three latest complete fiscal years total 25, against 33 in the three before: falling (-24%).
How does Curry County compare with the rest of New Mexico?
55.0 approvals per 1,000 establishments against 32.4 statewide, and 56 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