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County7th of 30 in New Mexico by approvalsFIPS 35045
SBA loans in San Juan 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 San Juan County, New Mexico, received 73 SBA loan approvals worth $55.7M in FY2021 to FY2025 (65 7(a), 8 504).
That is 29.5 approvals per 1,000 business establishments (2,475 establishments in 2023), close to the New Mexico figure of 32.4 and below the national 41.0.
It ranks 7th of 30 New Mexico counties with approvals. In FY2025 there were 21, up 91% on FY2024.
30 lenders had approvals here; the most active were Zions Bank, A Division of (12), First Southwest Bank (9) and Live Oak Banking Company (5). The most common industry was traveler accommodation.
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 San Juan County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Zions Bank, A Division ofSalt Lake City, UT | 12 | $2.5M | 16.4% | |
| 2 | First Southwest BankDurango, CO | 9 | $782K | 12.3% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 5 | $5.7M | 6.8% | |
| 4 | Bank of the SouthwestRoswell, NM | 5 | $3.5M | 6.8% | |
| 5 | B:Side CapitalDenver, CO · CDC | 4 | $3.1M | 5.5% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $45K | 5.5% | |
| 7 | Four Corners Community BankFarmington, NM | 3 | $1.3M | 4.1% | |
| 8 | Capital Certified Development CorporationAustin, TX · CDC | 3 | $520K | 4.1% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $368K | 4.1% | |
| 10 | Centerstone SBA Lending, Inc.Los Angeles, CA | 2 | — | 2.7% | |
| 11 | Shoreham BankWarwick, RI | 2 | — | 2.7% | |
| 12 | Newtek Bank, National AssociationMiami, FL | 2 | — | 2.7% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 2.7% | |
| 14 | Open BankLos Angeles, CA | 1 | — | 1.4% | |
| 15 | Millennium BankDes Plaines, IL | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 9 | 12.3% | |
| 2 | General Freight TruckingNAICS 4841 | 9 | 12.3% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 8.2% | |
| 4 | Drycleaning and Laundry ServicesNAICS 8123 | 3 | 4.1% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 3 | 4.1% | |
| 6 | Specialized Freight TruckingNAICS 4842 | 3 | 4.1% | |
| 7 | Lessors of Real EstateNAICS 5311 | 2 | 2.7% | |
| 8 | Motor Vehicle and Motor Vehicle Parts and Supplies Merchant WholesalersNAICS 4231 | 2 | 2.7% | |
| 9 | Support Activities for MiningNAICS 2131 | 2 | 2.7% | |
| 10 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 2 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 15 | 20.5% | |
| 2 | Transportation and Warehousing | 14 | 19.2% | |
| 3 | Retail Trade | 8 | 11.0% | |
| 4 | Other Services (except Public Administration) | 7 | 9.6% | |
| 5 | Manufacturing | 6 | 8.2% | |
| 6 | Construction | 5 | 6.8% | |
| 7 | Real Estate and Rental and Leasing | 4 | 5.5% | |
| 8 | Health Care and Social Assistance | 4 | 5.5% |
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* | 13 | $5.6M | $90K | 1 | — | 14 | 85 |
| FY2025 | 18 | $14.5M | $226K | 3 | $1.0M | 21 | 373 |
| FY2024 | 11 | $6.3M | $150K | 0 | — | 11 | 142 |
| FY2023 | 12 | $8.9M | $225K | 1 | — | 13 | 100 |
| FY2022 | 11 | $10.8M | $125K | 4 | $3.0M | 15 | 162 |
| FY2021 | 13 | $11.1M | $200K | 0 | — | 13 | 105 |
| FY2020 | 9 | $8.9M | $575K | 0 | — | 9 | 66 |
| FY2019 | 19 | $9.6M | $54K | 2 | — | 21 | 563 |
| FY2018 | 19 | $10.7M | $145K | 1 | — | 20 | 254 |
| FY2017 | 8 | $1.8M | $113K | 0 | — | 8 | 44 |
| FY2016 | 17 | $4.9M | $200K | 2 | — | 19 | 171 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 77 approvals.
Against New Mexico and the country
| FY2021–FY2025 | San Juan County | New Mexico | United States |
|---|---|---|---|
| Approvals | 73 | 1,453 | 342,825 |
| Approvals per 1,000 establishments | 29.5 | 32.4 | 41.0 |
| Median 7(a) approval | $150K | $250K | $190K |
| Median 504 approval | $259K | $485K | $657K |
| Average approval | $763K | $638K | $573K |
| 504 share of approvals | 11.0% | 12.0% | 11.0% |
| Jobs supported per approval, as reported | 12.1 | 11.9 | 10.5 |
| Share of state approvals | 5.0% | 100.0% | — |
Approval sizes
- $50,000 or less15.1%11
- $50,001 to $150,00034.2%25
- $150,001 to $350,00017.8%13
- $350,001 to $1 million8.2%6
- $1 million to $2 million12.3%9
- Over $2 million12.3%9
Age of the businesses
- Existing, more than 2 years old54.8%40
- New business, 2 years or less20.5%15
- Startup, loan funds will open the business9.6%7
- Change of ownership15.1%11
Questions and answers
Which lenders make the most SBA loans in San Juan County?
By approvals in FY2021 to FY2025: Zions Bank, A Division of (12), First Southwest Bank (9), Live Oak Banking Company (5), Bank of the Southwest (5), B:Side Capital (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in San Juan County?
The median 7(a) approval was $150K and the median 504 approval $259K; the New Mexico 7(a) median was $250K.
Which industries get the most SBA loans in San Juan County?
Traveler Accommodation (9); General Freight Trucking (9); Restaurants and Other Eating Places (6); Drycleaning and Laundry Services (3); Building Equipment Contractors (3).
Is SBA lending in San Juan County rising?
Approvals in the three latest complete fiscal years total 45, against 37 in the three before: rising (+22%).
How does San Juan County compare with the rest of New Mexico?
29.5 approvals per 1,000 establishments against 32.4 statewide, and 73 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