Lenders › Western Commerce Bank
7(a) lenderCarlsbad, New MexicoFDIC-insured bank179th of 2,184 by approvals
Western Commerce Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 214 7(a) loans, worth $128M, through Western Commerce Bank of Carlsbad, New Mexico, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 179th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 30 approvals totalling $17.7M, down 14% on FY2024 (35). FY2026 to 30 Jun 2026 adds 23 more.
The median approval was $270K, against $190K for the 7(a) program as a whole; 38.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 5 states and territories and 31 counties, led by New Mexico (89.7%), Texas (6.1%) and Arizona (2.8%). The largest industry group was accommodation and food services at 24.8% of approvals, and 12.1% of approvals were to franchise businesses.
Of 362 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.4%), 280 as paid in full and 77 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 23 | $13.9M | $275K | $603K | 280 |
| FY2025 | 30 | $17.7M | $371K | $590K | 655 |
| FY2024 | 35 | $14.2M | $115K | $406K | 578 |
| FY2023 | 47 | $26.9M | $350K | $573K | 981 |
| FY2022 | 52 | $28.6M | $248K | $550K | 692 |
| FY2021 | 50 | $41.0M | $260K | $819K | 402 |
| FY2020 | 29 | $31.1M | $250K | $1.1M | 345 |
| FY2019 | 27 | $13.3M | $120K | $493K | 232 |
| FY2018 | 43 | $35.7M | $288K | $829K | 438 |
| FY2017 | 55 | $22.7M | $185K | $413K | 709 |
| FY2016 | 21 | $9.7M | $144K | $462K | 157 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 175 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | New Mexico | 7(a) program |
|---|---|---|---|
| Approvals in these years | 406 | 3,085 | 639,905 |
| Cancelled or never disbursed | 44 | 418 | 79,313 |
| Disbursed loans | 362 | 2,667 | 560,592 |
| Paid in full | 280 | 2,006 | 435,813 |
| Charged off | 5 | 134 | 36,891 |
| Still outstanding (status exempt from disclosure) | 77 | 527 | 87,888 |
| Charged off, share of disbursed loans | 1.4% | 5.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.1% | 1.7% | 2.5% |
| Dollars charged off | $248K | $19.5M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 42 | 17 | 0 | 0.0% | 2.8% |
| FY2020 | 27 | 17 | 0 | — | 4.0% |
| FY2019 | 23 | 17 | 0 | — | 6.7% |
| FY2018 | 40 | 24 | 1 | 2.5% | 7.9% |
| FY2017 | 51 | 42 | 0 | 0.0% | 7.7% |
| FY2016 | 21 | 17 | 0 | — | 7.2% |
| FY2015 | 31 | 29 | 1 | 3.2% | 6.9% |
| FY2014 | 38 | 32 | 1 | 2.6% | 6.4% |
| FY2013 | 21 | 20 | 0 | — | 6.0% |
| FY2012 | 18 | 17 | 0 | — | 6.3% |
| FY2011 | 26 | 24 | 2 | — | 6.9% |
| FY2010 | 24 | 24 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $270K | $190K |
| Average approval | $600K | $518K |
| Approvals of $150,000 or less | 38.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 57.0% | 34.3% |
| Approvals to franchise businesses | 12.1% | 11.5% |
| Jobs supported per approval, as reported | 15.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.4% | 6.6% |
States served
| # | State of the business (5 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Mexico | 192 | $101M | 89.7% | |
| 2 | Texas | 13 | $18.9M | 6.1% | |
| 3 | Arizona | 6 | $6.9M | 2.8% | |
| 4 | California | 2 | — | 0.9% | |
| 5 | South Carolina | 1 | — | 0.5% |
In New Mexico the lender accounts for 15.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (31 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Eddy County, NM | 57 | $23.6M | 26.6% | |
| 2 | Bernalillo County, NM | 48 | $16.9M | 22.4% | |
| 3 | Lea County, NM | 47 | $26.6M | 22.0% | |
| 4 | Curry County, NM | 14 | $12.0M | 6.5% | |
| 5 | Sandoval County, NM | 7 | $2.4M | 3.3% | |
| 6 | Roosevelt County, NM | 4 | $4.8M | 1.9% | |
| 7 | Lubbock County, TX | 3 | $4.0M | 1.4% | |
| 8 | Doña Ana County, NM | 3 | $3.7M | 1.4% | |
| 9 | Maricopa County, AZ | 3 | $3.3M | 1.4% | |
| 10 | Yoakum County, TX | 3 | $1.3M | 1.4% | |
| 11 | Guadalupe County, NM | 2 | — | 0.9% | |
| 12 | Lincoln County, NM | 2 | — | 0.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 53 | 24.8% | |
| 2 | Mining, Quarrying, and Oil and Gas Extraction | 48 | 22.4% | |
| 3 | Manufacturing | 22 | 10.3% | |
| 4 | Retail Trade | 16 | 7.5% | |
| 5 | Health Care and Social Assistance | 13 | 6.1% | |
| 6 | Construction | 12 | 5.6% | |
| 7 | Other Services (except Public Administration) | 12 | 5.6% | |
| 8 | Professional, Scientific, and Technical Services | 11 | 5.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Support Activities for MiningNAICS 2131 | 48 | 22.4% | |
| 2 | Traveler AccommodationNAICS 7211 | 30 | 14.0% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 18 | 8.4% | |
| 4 | Offices of PhysiciansNAICS 6211 | 6 | 2.8% | |
| 5 | General Freight TruckingNAICS 4841 | 5 | 2.3% | |
| 6 | Lessors of Real EstateNAICS 5311 | 5 | 2.3% | |
| 7 | Beverage ManufacturingNAICS 3121 | 5 | 2.3% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 5 | 2.3% | |
| 9 | Personal Care ServicesNAICS 8121 | 5 | 2.3% | |
| 10 | Architectural, Engineering, and Related ServicesNAICS 5413 | 4 | 1.9% |
Approval sizes
- $50,000 or less12.6%27
- $50,001 to $150,00026.2%56
- $150,001 to $350,00020.1%43
- $350,001 to $1 million24.8%53
- $1 million to $2 million7.9%17
- Over $2 million8.4%18
Loan terms
- 5 years or less17.3%37
- Over 5 to 10 years43.9%94
- Over 10 to 20 years30.4%65
- Over 20 years8.4%18
Age of the businesses
- Existing, more than 2 years old41.1%88
- New business, 2 years or less29.9%64
- Startup, loan funds will open the business27.1%58
- Change of ownership1.9%4
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 152 | 71.0% | |
| 2 | SBA Express Program | 61 | 28.5% | |
| 3 | 7a General | 1 | 0.5% |
Franchise share
26 of 214 approvals in FY2021–FY2025 (12.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Super 8 by Wyndhan | 4 | 1.9% | |
| 2 | Quality Inn | 3 | 1.4% | |
| 3 | Days Inn | 2 | 0.9% | |
| 4 | Microtel Inn & Suites by Wyndham | 2 | 0.9% | |
| 5 | Bahama Buck's Original Shaved Ice Company | 2 | 0.9% | |
| 6 | Pirtek | 2 | 0.9% | |
| 7 | Holiday Inn Express | 1 | 0.5% | |
| 8 | Baymont by Wyndham | 1 | 0.5% |
Questions and answers
How many SBA loans does Western Commerce Bank make?
SBA approved 30 7(a) loans through Western Commerce Bank in FY2025, worth $17.7M, and 214 over FY2021 to FY2025. That ranks 179th of 2,184 active 7(a) lenders by number of approvals.
How large are Western Commerce Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $270K and the average $600K. The program-wide median was $190K.
What is Western Commerce Bank's charge-off rate?
Of 362 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.4%), 280 as paid in full and 77 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Western Commerce Bank lend to most?
By number of approvals in FY2021 to FY2025: support activities for mining (48); traveler accommodation (30); restaurants and other eating places (18); offices of physicians (6).
Where does Western Commerce Bank make SBA loans?
In 5 states and territories. New Mexico 192, Texas 13, Arizona 6, California 2, South Carolina 1. In New Mexico it accounts for 15.0% of all 7(a) approvals.
Is Western Commerce Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 112, against 131 in the three before: falling (-15%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error