States › New Mexico › Santa Fe County
County2nd of 30 in New Mexico by approvalsFIPS 35049
SBA loans in Santa Fe 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 Santa Fe County, New Mexico, received 138 SBA loan approvals worth $90.9M in FY2021 to FY2025 (108 7(a), 30 504).
That is 27.7 approvals per 1,000 business establishments (4,976 establishments in 2023), close to the New Mexico figure of 32.4 and below the national 41.0.
It ranks 2nd of 30 New Mexico counties with approvals. In FY2025 there were 37, up 19% on FY2024.
39 lenders had approvals here; the most active were Capital Certified Development Corporation (23), Century Bank (14) and Live Oak Banking Company (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 Santa Fe County
By number of approvals to businesses in the county, FY2021–FY2025; 39 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Capital Certified Development CorporationAustin, TX · CDC | 23 | $10.1M | 16.7% | |
| 2 | Century BankSanta Fe, NM | 14 | $3.5M | 10.1% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 10 | $10.6M | 7.2% | |
| 4 | Enterprise Bank & TrustClayton, MO | 9 | $3.7M | 6.5% | |
| 5 | Wells Fargo Bank National AssociationSioux Falls, SD | 8 | $2.9M | 5.8% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 7 | $6.0M | 5.1% | |
| 7 | U.S. Bank, National AssociationCincinnati, OH | 7 | $665K | 5.1% | |
| 8 | State Empl CUSanta Fe, NM | 5 | $9.6M | 3.6% | |
| 9 | Northeast BankLewiston, ME | 5 | $398K | 3.6% | |
| 10 | UMB Bank, National AssociationKansas City, MO | 4 | $662K | 2.9% | |
| 11 | B:Side CapitalDenver, CO · CDC | 3 | $2.6M | 2.2% | |
| 12 | The Huntington National BankColumbus, OH | 3 | $1.0M | 2.2% | |
| 13 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $727K | 2.2% | |
| 14 | Capital Certified Development CorporationAustin, TX | 3 | $610K | 2.2% | |
| 15 | First-Citizens Bank & Trust CompanyRaleigh, NC | 2 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 9.4% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 9 | 6.5% | |
| 3 | Other Personal ServicesNAICS 8129 | 7 | 5.1% | |
| 4 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 5 | 3.6% | |
| 5 | Specialized Design ServicesNAICS 5414 | 5 | 3.6% | |
| 6 | Traveler AccommodationNAICS 7211 | 4 | 2.9% | |
| 7 | Other Miscellaneous RetailersNAICS 4599 | 4 | 2.9% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 4 | 2.9% | |
| 9 | Activities Related to Real EstateNAICS 5313 | 4 | 2.9% | |
| 10 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 2.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 22 | 15.9% | |
| 2 | Accommodation and Food Services | 18 | 13.0% | |
| 3 | Construction | 17 | 12.3% | |
| 4 | Health Care and Social Assistance | 16 | 11.6% | |
| 5 | Professional, Scientific, and Technical Services | 15 | 10.9% | |
| 6 | Other Services (except Public Administration) | 14 | 10.1% | |
| 7 | Manufacturing | 11 | 8.0% | |
| 8 | Real Estate and Rental and Leasing | 7 | 5.1% |
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* | 26 | $6.3M | $150K | 1 | — | 27 | 251 |
| FY2025 | 33 | $16.7M | $250K | 4 | $4.9M | 37 | 268 |
| FY2024 | 27 | $19.2M | $338K | 4 | $2.4M | 31 | 417 |
| FY2023 | 15 | $14.6M | $270K | 5 | $3.2M | 20 | 288 |
| FY2022 | 17 | $11.7M | $325K | 5 | $1.8M | 22 | 285 |
| FY2021 | 16 | $11.2M | $354K | 12 | $5.1M | 28 | 232 |
| FY2020 | 25 | $5.1M | $65K | 7 | $2.5M | 32 | 194 |
| FY2019 | 20 | $14.5M | $70K | 6 | $1.7M | 26 | 227 |
| FY2018 | 26 | $11.5M | $75K | 3 | $746K | 29 | 146 |
| FY2017 | 45 | $21.0M | $100K | 3 | $1.7M | 48 | 510 |
| FY2016 | 18 | $6.2M | $36K | 4 | $3.0M | 22 | 158 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 157 approvals.
Against New Mexico and the country
| FY2021–FY2025 | Santa Fe County | New Mexico | United States |
|---|---|---|---|
| Approvals | 138 | 1,453 | 342,825 |
| Approvals per 1,000 establishments | 27.7 | 32.4 | 41.0 |
| Median 7(a) approval | $303K | $250K | $190K |
| Median 504 approval | $370K | $485K | $657K |
| Average approval | $658K | $638K | $573K |
| 504 share of approvals | 21.7% | 12.0% | 11.0% |
| Jobs supported per approval, as reported | 10.8 | 11.9 | 10.5 |
| Share of state approvals | 9.5% | 100.0% | — |
Approval sizes
- $50,000 or less18.8%26
- $50,001 to $150,00015.9%22
- $150,001 to $350,00020.3%28
- $350,001 to $1 million28.3%39
- $1 million to $2 million8.7%12
- Over $2 million8.0%11
Age of the businesses
- Existing, more than 2 years old54.3%75
- New business, 2 years or less16.7%23
- Startup, loan funds will open the business16.7%23
- Change of ownership11.6%16
- Not answered0.7%1
Questions and answers
Which lenders make the most SBA loans in Santa Fe County?
By approvals in FY2021 to FY2025: Capital Certified Development Corporation (23), Century Bank (14), Live Oak Banking Company (10), Enterprise Bank & Trust (9), Wells Fargo Bank National Association (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Santa Fe County?
The median 7(a) approval was $303K and the median 504 approval $370K; the New Mexico 7(a) median was $250K.
Which industries get the most SBA loans in Santa Fe County?
Restaurants and Other Eating Places (13); Building Equipment Contractors (9); Other Personal Services (7); Other Professional, Scientific, and Technical Services (5); Specialized Design Services (5).
Is SBA lending in Santa Fe County rising?
Approvals in the three latest complete fiscal years total 88, against 82 in the three before: broadly level (+7%).
How does Santa Fe County compare with the rest of New Mexico?
27.7 approvals per 1,000 establishments against 32.4 statewide, and 138 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