SBA Ledger

States › New Mexico › FY2017

FY20171 Oct 2016 – 30 Sep 2017

SBA loans in New Mexico, FY2017

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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 329 loans in New Mexico: 309 under 7(a) and 20 under 504, worth $135M.

That is about level with FY2016, when there were 343 approvals worth $134M.

New Mexico accounted for 0.5% of the 68,648 approvals nationwide that year. 53 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 52.

329approvalsFY2016: 343
$135Mdollars approvedFY2016: $134M
$150Kmedian 7(a) approvalFY2016: $79K
53lenders with an approval
3,259jobs 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 FY2017, of 53 active.

#LenderProgramApprovalsDollarsShare of stateFY2016Change
1Wells Fargo Bank National Association7(a)52$11.2M15.8%89-37
2Western Commerce Bank7(a)51$19.0M15.5%17+34
3PNC Bank, National Association7(a)38$4.6M11.6%34+4
4U.S. Bank, National Association7(a)20$11.6M6.1%40-20
5BMO Bank National Association7(a)18$10.9M5.5%9+9
6Century Bank7(a)15$1.6M4.6%1+14
7First American Bank7(a)13$5.0M4.0%17-4
8Live Oak Banking Company7(a)12$19.2M3.6%8+4
9Capital Certified Development Corporation50410$4.3M3.0%19-9
10Enchantment Land Certified Development Company5049$5.3M2.7%13-4
11DreamSpring7(a)8$760K2.4%3+5
12Bank of the Southwest7(a)7$2.5M2.1%12-5
13The Bank of Clovis7(a)5$1.8M1.5%2+3
14Stearns Bank National Association7(a)5$1.4M1.5%4+1
15Celtic Bank Corporation7(a)5$1.1M1.5%4+1
16Happen Bank7(a)4$2.3M1.2%1+3
17First National Bank7(a)4$860K1.2%3+1
18BayFirst National Bank7(a)4$658K1.2%5-1
19Northeast Bank7(a)4$350K1.2%1+3
20Independence Bank7(a)4$340K1.2%0new
21UMB Bank, National Association7(a)3$4.5M0.9%6-3
22Enterprise Bank & Trust7(a)2—0.6%1+1
23First National Bank of Pennsylvania7(a)2—0.6%0new
24Newtek Small Business Finance, Inc.7(a)2—0.6%20
25PlainsCapital Bank7(a)2—0.6%0new
26JPMorgan Chase Bank, National Association7(a)2—0.6%0new
27First Savings Bank7(a)2—0.6%13-11
28Fifth Third Bank7(a)1—0.3%0new
29Freedom Small Business Lending BIDCO, Inc.7(a)1—0.3%0new
30Central Bank7(a)1—0.3%0new
31Citizens Bank of Las Cruces7(a)1—0.3%10
32Equity Bank7(a)1—0.3%0new
33First-Citizens Bank & Trust Company7(a)1—0.3%10
34Firstrust Savings Bank7(a)1—0.3%0new
35Pioneer Bank7(a)1—0.3%0new
36First Western SBLC, LLC7(a)1—0.3%0new
37Capital Bank, National Association7(a)1—0.3%0new
38Open Bank7(a)1—0.3%0new
39LiftFund, Inc.5041—0.3%10
40Main Street Bank Corp7(a)1—0.3%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2016Change
1Bernalillo County127$58.0M38.6%133-6
2Santa Fe County48$22.7M14.6%22+26
3Lea County30$6.9M9.1%24+6
4Doña Ana County27$10.2M8.2%29-2
5Eddy County18$4.9M5.5%14+4
6Sandoval County18$6.2M5.5%23-5
7Curry County11$4.9M3.3%6+5
8San Juan County8$1.8M2.4%19-11
9Chaves County8$2.2M2.4%80
10Valencia County5$809K1.5%7-2
11Grant County5$1.8M1.5%50
12San Miguel County4$1.2M1.2%2+2
13Roosevelt County3$3.5M0.9%4-1
14Taos County2—0.6%10-8
15Lincoln County2—0.6%4-2
16McKinley County2—0.6%20
17Luna County2—0.6%3-1
18Otero County2—0.6%9-7
19Cibola County2—0.6%20
20Socorro County1—0.3%0new
21Colfax County1—0.3%3-2
22Torrance County1—0.3%2-1
23Los Alamos County1—0.3%3-2
24Guadalupe County1—0.3%10

FY2017 against FY2016

New MexicoFY2017FY2016
7(a) approvals309310
7(a) dollars$125M$110M
Median 7(a) approval$150K$79K
504 approvals2033
504 dollars$9.9M$24.6M
Jobs supported, as reported3,2592,947

Questions and answers

Which lenders made the most SBA loans in New Mexico in FY2017?

Wells Fargo Bank National Association (52), Western Commerce Bank (51), PNC Bank, National Association (38), U.S. Bank, National Association (20), BMO Bank National Association (18). 53 lenders had at least one approval.

How many SBA loans were approved in New Mexico in FY2017?

329: 309 under 7(a) worth $125M and 20 under 504 worth $9.9M.

Which New Mexico counties had the most SBA approvals in FY2017?

Bernalillo County (127), Santa Fe County (48), Lea County (30), Doña Ana County (27), Eddy County (18).

When does FY2017 start and end?

The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.

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