SBA loans in New Mexico, FY2016

That fiscal year's approvals by lender and by county.

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 FY2016 (1 October 2015 to 30 September 2016) SBA approved 343 loans in New Mexico: 310 under 7(a) and 33 under 504, worth $134M.

That is up 13% on FY2015, when there were 304 approvals worth $110M.

New Mexico accounted for 0.5% of the 70,012 approvals nationwide that year. 49 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 89.

343approvalsFY2015: 304

$134Mdollars approvedFY2015: $110M

$79Kmedian 7(a) approvalFY2015: $125K

49lenders with an approval

2,947jobs supported, as reported

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.

Approvals by lender

The 40 lenders with the most approvals to New Mexico businesses in FY2016, of 49 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2015	Change
1	Wells Fargo Bank National Association	7(a)	89	$10.7M	25.9%	78	+11
2	U.S. Bank, National Association	7(a)	40	$15.8M	11.7%	36	+4
3	PNC Bank, National Association	7(a)	34	$5.1M	9.9%	24	+10
4	Capital Certified Development Corporation	504	19	$11.0M	5.5%	14	+5
5	Western Commerce Bank	7(a)	17	$5.0M	5.0%	35	-18
6	First American Bank	7(a)	17	$4.5M	5.0%	5	+12
7	Enchantment Land Certified Development Company	504	13	$13.1M	3.8%	8	+5
8	First Savings Bank	7(a)	13	$1.7M	3.8%	5	+8
9	Bank of the Southwest	7(a)	12	$4.4M	3.5%	10	+2
10	BMO Bank National Association	7(a)	9	$9.9M	2.6%	19	-10
11	Live Oak Banking Company	7(a)	8	$14.6M	2.3%	4	+4
12	UMB Bank, National Association	7(a)	6	$1.6M	1.7%	10	-4
13	BayFirst National Bank	7(a)	5	$1.1M	1.5%	0	new
14	Celtic Bank Corporation	7(a)	4	$2.8M	1.2%	5	-1
15	Southwest Heritage Bank	7(a)	4	$2.3M	1.2%	1	+3
16	Stearns Bank National Association	7(a)	4	$1.3M	1.2%	0	new
17	Lea County State Bank	7(a)	3	$849K	0.9%	2	+1
18	DreamSpring	7(a)	3	$183K	0.9%	0	new
19	First National Bank	7(a)	3	$110K	0.9%	0	new
20	BOKF, National Association	7(a)	3	$95K	0.9%	1	+2
21	Mountain America FCU	7(a)	3	$70K	0.9%	0	new
22	United Business Bank	7(a)	2	—	0.6%	0	new
23	Newtek Small Business Finance, Inc.	7(a)	2	—	0.6%	1	+1
24	Sunflower Bank National Association	7(a)	2	—	0.6%	1	+1
25	Western Bank	7(a)	2	—	0.6%	0	new
26	Community Banks of Colorado, A Division of NBH Bank	7(a)	2	—	0.6%	1	+1
27	The Bank of Clovis	7(a)	2	—	0.6%	0	new
28	Peoples Bank and Trust Company	7(a)	1	—	0.3%	0	new
29	Legence Bank	7(a)	1	—	0.3%	0	new
30	Enterprise Bank & Trust	7(a)	1	—	0.3%	1	0
31	T Bank, National Association	7(a)	1	—	0.3%	1	0
32	Northeast Bank	7(a)	1	—	0.3%	2	-1
33	Commercial Bank of California	7(a)	1	—	0.3%	0	new
34	Citizens Bank	7(a)	1	—	0.3%	0	new
35	Commonwealth Business Bank	7(a)	1	—	0.3%	1	0
36	United Midwest Savings Bank National Association	7(a)	1	—	0.3%	2	-1
37	Byline Bank	7(a)	1	—	0.3%	0	new
38	First-Citizens Bank & Trust Company	7(a)	1	—	0.3%	1	0
39	LiftFund, Inc.	504	1	—	0.3%	0	new
40	Gulf Coast Bank and Trust Company	7(a)	1	—	0.3%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2015	Change
1	Bernalillo County	133	$62.2M	38.8%	103	+30
2	Doña Ana County	29	$12.6M	8.5%	33	-4
3	Lea County	24	$4.0M	7.0%	27	-3
4	Sandoval County	23	$2.4M	6.7%	23	0
5	Santa Fe County	22	$9.3M	6.4%	41	-19
6	San Juan County	19	$5.5M	5.5%	17	+2
7	Eddy County	14	$2.8M	4.1%	11	+3
8	Taos County	10	$7.7M	2.9%	8	+2
9	Otero County	9	$1.0M	2.6%	3	+6
10	Chaves County	8	$6.5M	2.3%	9	-1
11	Valencia County	7	$1.4M	2.0%	5	+2
12	Curry County	6	$820K	1.7%	4	+2
13	Grant County	5	$2.2M	1.5%	2	+3
14	Roosevelt County	4	$526K	1.2%	2	+2
15	Lincoln County	4	$1.0M	1.2%	2	+2
16	Sierra County	3	$412K	0.9%	2	+1
17	Luna County	3	$1.5M	0.9%	1	+2
18	Colfax County	3	$1.3M	0.9%	2	+1
19	Rio Arriba County	3	$980K	0.9%	0	new
20	Los Alamos County	3	$463K	0.9%	2	+1
21	San Miguel County	2	—	0.6%	0	new
22	McKinley County	2	—	0.6%	2	0
23	Torrance County	2	—	0.6%	3	-1
24	Cibola County	2	—	0.6%	1	+1
25	Guadalupe County	1	—	0.3%	0	new
26	Hidalgo County	1	—	0.3%	1	0
27	Quay County	1	—	0.3%	0	new

FY2016 against FY2015

New Mexico	FY2016	FY2015
7(a) approvals	310	279
7(a) dollars	$110M	$95.5M
Median 7(a) approval	$79K	$125K
504 approvals	33	25
504 dollars	$24.6M	$14.9M
Jobs supported, as reported	2,947	3,098

Questions and answers

Which lenders made the most SBA loans in New Mexico in FY2016?

Wells Fargo Bank National Association (89), U.S. Bank, National Association (40), PNC Bank, National Association (34), Capital Certified Development Corporation (19), Western Commerce Bank (17). 49 lenders had at least one approval.

How many SBA loans were approved in New Mexico in FY2016?

343: 310 under 7(a) worth $110M and 33 under 504 worth $24.6M.

Which New Mexico counties had the most SBA approvals in FY2016?

Bernalillo County (133), Doña Ana County (29), Lea County (24), Sandoval County (23), Santa Fe County (22).

When does FY2016 start and end?

The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.

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