SBA Ledger

States › New Mexico › FY2020

FY20201 Oct 2019 – 30 Sep 2020

SBA loans in New Mexico, FY2020

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 FY2020 (1 October 2019 to 30 September 2020) SBA approved 251 loans in New Mexico: 212 under 7(a) and 39 under 504, worth $136M.

That is down 9% on FY2019, when there were 275 approvals worth $139M.

New Mexico accounted for 0.5% of the 49,417 approvals nationwide that year. 54 lenders had at least one approval in the state; Capital Certified Development Corporation had the most, 28.

251approvalsFY2019: 275
$136Mdollars approvedFY2019: $139M
$195Kmedian 7(a) approvalFY2019: $150K
54lenders with an approval
2,855jobs 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 FY2020, of 54 active.

#LenderProgramApprovalsDollarsShare of stateFY2019Change
1Capital Certified Development Corporation50428$12.7M11.2%15+13
2U.S. Bank, National Association7(a)28$4.3M11.2%29-1
3Wells Fargo Bank National Association7(a)28$3.2M11.2%34-6
4Western Commerce Bank7(a)22$12.2M8.8%24-2
5BMO Bank National Association7(a)19$14.0M7.6%23-4
6First Savings Bank7(a)15$3.0M6.0%7+8
7Enchantment Land Certified Development Company50411$4.5M4.4%12-1
8First American Bank7(a)10$2.4M4.0%6+4
9Live Oak Banking Company7(a)8$10.0M3.2%6+2
10UMB Bank, National Association7(a)8$3.2M3.2%5+3
11Century Bank7(a)6$303K2.4%7-1
12Sunflower Bank National Association7(a)4$2.8M1.6%0new
13Bank of the Southwest7(a)4$1.6M1.6%12-8
14BayFirst National Bank7(a)4$1.0M1.6%3+1
15Open Bank7(a)3$11.0M1.2%0new
16First Financial Bank7(a)3$5.0M1.2%0new
17America First Federal Credit Union7(a)3$4.1M1.2%0new
18United Midwest Savings Bank National Association7(a)3$1.3M1.2%4-1
19Five Star Bank7(a)3$1.1M1.2%0new
20PromiseOne Bank7(a)2—0.8%0new
21PNC Bank, National Association7(a)2—0.8%3-1
22BOKF, National Association7(a)2—0.8%1+1
23Capital Certified Development Corporation7(a)2—0.8%0new
24Stearns Bank National Association7(a)2—0.8%4-2
25Newtek Small Business Finance, Inc.7(a)2—0.8%20
26Patriot Bank, National Association7(a)1—0.4%10
27Colony Bank7(a)1—0.4%0new
28Shoreham Bank7(a)1—0.4%10
29First-Citizens Bank & Trust Company7(a)1—0.4%10
30First Western SBLC, LLC7(a)1—0.4%0new
31Fountainhead SBF LLC7(a)1—0.4%0new
32The Bancorp Bank National Association7(a)1—0.4%0new
33Gulf Coast Bank and Trust Company7(a)1—0.4%0new
34Peoples Bank7(a)1—0.4%0new
35First General Bank7(a)1—0.4%0new
36First Bank7(a)1—0.4%0new
37Firstrust Savings Bank7(a)1—0.4%10
38PCB Bank7(a)1—0.4%0new
39Community Banks of Colorado, A Division of NBH Bank7(a)1—0.4%0new
40Readycap Lending, LLC7(a)1—0.4%0new

Approvals by county

#CountyApprovalsDollarsShare of stateFY2019Change
1Bernalillo County109$62.0M43.4%1090
2Santa Fe County32$7.5M12.7%26+6
3Doña Ana County16$5.8M6.4%20-4
4Lea County16$4.9M6.4%17-1
5Eddy County10$8.0M4.0%14-4
6San Juan County9$8.9M3.6%21-12
7Sierra County7$3.5M2.8%5+2
8Valencia County6$5.4M2.4%60
9Sandoval County6$4.3M2.4%13-7
10Chaves County6$4.9M2.4%60
11Grant County6$455K2.4%0new
12Lincoln County5$2.1M2.0%3+2
13Otero County5$1.3M2.0%7-2
14Socorro County2—0.8%0new
15Taos County2—0.8%3-1
16Curry County2—0.8%8-6
17Colfax County2—0.8%3-1
18Los Alamos County2—0.8%1+1
19Guadalupe County2—0.8%0new
20Roosevelt County1—0.4%0new
21McKinley County1—0.4%10
22Union County1—0.4%10
23Torrance County1—0.4%3-2
24Rio Arriba County1—0.4%3-2
25Cibola County1—0.4%0new

FY2020 against FY2019

New MexicoFY2020FY2019
7(a) approvals212243
7(a) dollars$118M$114M
Median 7(a) approval$195K$150K
504 approvals3932
504 dollars$17.2M$24.8M
Jobs supported, as reported2,8553,129

Questions and answers

Which lenders made the most SBA loans in New Mexico in FY2020?

Capital Certified Development Corporation (28), U.S. Bank, National Association (28), Wells Fargo Bank National Association (28), Western Commerce Bank (22), BMO Bank National Association (19). 54 lenders had at least one approval.

How many SBA loans were approved in New Mexico in FY2020?

251: 212 under 7(a) worth $118M and 39 under 504 worth $17.2M.

Which New Mexico counties had the most SBA approvals in FY2020?

Bernalillo County (109), Santa Fe County (32), Doña Ana County (16), Lea County (16), Eddy County (10).

When does FY2020 start and end?

The federal fiscal year 2020 runs from 1 October 2019 to 30 September 2020.

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