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County3rd of 30 in New Mexico by approvalsFIPS 35013
SBA loans in Doña Ana 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 Doña Ana County, New Mexico, received 115 SBA loan approvals worth $49.4M in FY2021 to FY2025 (100 7(a), 15 504).
That is 30.3 approvals per 1,000 business establishments (3,798 establishments in 2023), close to the New Mexico figure of 32.4 and below the national 41.0.
It ranks 3rd of 30 New Mexico counties with approvals. In FY2025 there were 36, up 80% on FY2024.
34 lenders had approvals here; the most active were U.S. Bank, National Association (22), Wells Fargo Bank National Association (17) and Northeast Bank (8). The most common industry was offices of other health practitioners.
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 Doña Ana County
By number of approvals to businesses in the county, FY2021–FY2025; 34 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 22 | $2.3M | 19.1% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 17 | $1.8M | 14.8% | |
| 3 | Northeast BankLewiston, ME | 8 | $1.2M | 7.0% | |
| 4 | Enchantment Land Certified Development CompanyAlbuquerque, NM · CDC | 6 | $5.1M | 5.2% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 5 | $3.6M | 4.3% | |
| 6 | BayFirst National BankSaint Petersburg, FL | 5 | $946K | 4.3% | |
| 7 | First Savings BankBeresford, SD | 5 | $628K | 4.3% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 3 | $5.3M | 2.6% | |
| 9 | Western Commerce BankCarlsbad, NM | 3 | $3.7M | 2.6% | |
| 10 | Capital Certified Development CorporationAustin, TX · CDC | 3 | $2.4M | 2.6% | |
| 11 | B:Side CapitalDenver, CO · CDC | 3 | $2.2M | 2.6% | |
| 12 | LiftFund, Inc.San Antonio, TX · CDC | 3 | $2.0M | 2.6% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 3 | $1.4M | 2.6% | |
| 14 | Bank of the SouthwestRoswell, NM | 3 | $1.2M | 2.6% | |
| 15 | PNC Bank, National AssociationWilmington, DE | 3 | $1.0M | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 9 | 7.8% | |
| 2 | Legal ServicesNAICS 5411 | 6 | 5.2% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 5.2% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 5 | 4.3% | |
| 5 | Traveler AccommodationNAICS 7211 | 4 | 3.5% | |
| 6 | Home Health Care ServicesNAICS 6216 | 4 | 3.5% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 2.6% | |
| 8 | Building Material and Supplies DealersNAICS 4441 | 3 | 2.6% | |
| 9 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 3 | 2.6% | |
| 10 | Residential Building ConstructionNAICS 2361 | 3 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 23 | 20.0% | |
| 2 | Retail Trade | 18 | 15.7% | |
| 3 | Construction | 15 | 13.0% | |
| 4 | Accommodation and Food Services | 13 | 11.3% | |
| 5 | Professional, Scientific, and Technical Services | 10 | 8.7% | |
| 6 | Wholesale Trade | 8 | 7.0% | |
| 7 | Other Services (except Public Administration) | 6 | 5.2% | |
| 8 | Real Estate and Rental and Leasing | 4 | 3.5% |
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* | 8 | $1.2M | $36K | 3 | $6.3M | 11 | 118 |
| FY2025 | 32 | $10.5M | $150K | 4 | $2.4M | 36 | 380 |
| FY2024 | 18 | $4.6M | $51K | 2 | — | 20 | 184 |
| FY2023 | 22 | $13.5M | $93K | 2 | — | 24 | 172 |
| FY2022 | 13 | $3.7M | $221K | 4 | $4.7M | 17 | 216 |
| FY2021 | 15 | $5.2M | $175K | 3 | $2.2M | 18 | 205 |
| FY2020 | 12 | $4.7M | $75K | 4 | $1.1M | 16 | 151 |
| FY2019 | 17 | $8.4M | $183K | 3 | $1.5M | 20 | 250 |
| FY2018 | 11 | $6.3M | $100K | 5 | $3.4M | 16 | 128 |
| FY2017 | 23 | $9.1M | $150K | 4 | $1.1M | 27 | 287 |
| FY2016 | 25 | $5.8M | $55K | 4 | $6.8M | 29 | 310 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 108 approvals.
Against New Mexico and the country
| FY2021–FY2025 | Doña Ana County | New Mexico | United States |
|---|---|---|---|
| Approvals | 115 | 1,453 | 342,825 |
| Approvals per 1,000 establishments | 30.3 | 32.4 | 41.0 |
| Median 7(a) approval | $118K | $250K | $190K |
| Median 504 approval | $617K | $485K | $657K |
| Average approval | $429K | $638K | $573K |
| 504 share of approvals | 13.0% | 12.0% | 11.0% |
| Jobs supported per approval, as reported | 10.1 | 11.9 | 10.5 |
| Share of state approvals | 7.9% | 100.0% | — |
Approval sizes
- $50,000 or less36.5%42
- $50,001 to $150,00013.9%16
- $150,001 to $350,00017.4%20
- $350,001 to $1 million21.7%25
- $1 million to $2 million6.1%7
- Over $2 million4.3%5
Age of the businesses
- Existing, more than 2 years old63.5%73
- New business, 2 years or less26.1%30
- Startup, loan funds will open the business6.1%7
- Change of ownership4.3%5
Questions and answers
Which lenders make the most SBA loans in Doña Ana County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (22), Wells Fargo Bank National Association (17), Northeast Bank (8), Enchantment Land Certified Development Company (6), Readycap Lending, LLC (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Doña Ana County?
The median 7(a) approval was $118K and the median 504 approval $617K; the New Mexico 7(a) median was $250K.
Which industries get the most SBA loans in Doña Ana County?
Offices of Other Health Practitioners (9); Legal Services (6); Restaurants and Other Eating Places (6); Building Equipment Contractors (5); Traveler Accommodation (4).
Is SBA lending in Doña Ana County rising?
Approvals in the three latest complete fiscal years total 80, against 51 in the three before: rising (+57%).
How does Doña Ana County compare with the rest of New Mexico?
30.3 approvals per 1,000 establishments against 32.4 statewide, and 115 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