SBA loans in New Mexico, FY2022

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 FY2022 (1 October 2021 to 30 September 2022) SBA approved 263 loans in New Mexico: 218 under 7(a) and 45 under 504, worth $160M.

That is down 19% on FY2021, when there were 325 approvals worth $239M.

New Mexico accounted for 0.5% of the 56,932 approvals nationwide that year. 62 lenders had at least one approval in the state; Western Commerce Bank had the most, 49.

263approvalsFY2021: 325

$160Mdollars approvedFY2021: $239M

$250Kmedian 7(a) approvalFY2021: $340K

62lenders with an approval

3,171jobs 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 FY2022, of 62 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2021	Change
1	Western Commerce Bank	7(a)	49	$24.8M	18.6%	44	+5
2	Capital Certified Development Corporation	504	23	$11.2M	8.7%	30	-7
3	Wells Fargo Bank National Association	7(a)	18	$2.7M	6.8%	12	+6
4	Enchantment Land Certified Development Company	504	16	$10.7M	6.1%	16	0
5	First Savings Bank	7(a)	13	$2.4M	4.9%	22	-9
6	BMO Bank National Association	7(a)	11	$9.4M	4.2%	30	-19
7	Newtek Small Business Finance, Inc.	7(a)	9	$6.4M	3.4%	7	+2
8	U.S. Bank, National Association	7(a)	9	$1.6M	3.4%	17	-8
9	Century Bank	7(a)	8	$874K	3.0%	2	+6
10	Live Oak Banking Company	7(a)	6	$4.1M	2.3%	12	-6
11	First American Bank	7(a)	6	$2.5M	2.3%	4	+2
12	The Huntington National Bank	7(a)	6	$1.6M	2.3%	1	+5
13	First Southwest Bank	7(a)	5	$1.3M	1.9%	3	+2
14	State Empl CU	7(a)	4	$9.9M	1.5%	0	new
15	Celtic Bank Corporation	7(a)	4	$2.4M	1.5%	1	+3
16	First Financial Bank	7(a)	4	$2.1M	1.5%	1	+3
17	First National Bank	7(a)	4	$1.5M	1.5%	3	+1
18	Community Banks of Colorado, A Division of NBH Bank	7(a)	4	$890K	1.5%	1	+3
19	The Bank of Clovis	7(a)	4	$449K	1.5%	11	-7
20	Enterprise Bank & Trust	7(a)	3	$898K	1.1%	2	+1
21	BayFirst National Bank	7(a)	3	$742K	1.1%	3	0
22	Bank of the Southwest	7(a)	3	$722K	1.1%	8	-5
23	Millennium Bank	7(a)	2	—	0.8%	0	new
24	Wallis Bank	7(a)	2	—	0.8%	1	+1
25	Open Bank	7(a)	2	—	0.8%	1	+1
26	Mortgage Capital Development Corporation	504	2	—	0.8%	0	new
27	Happen Bank	7(a)	2	—	0.8%	0	new
28	Readycap Lending, LLC	7(a)	2	—	0.8%	1	+1
29	UMB Bank, National Association	7(a)	2	—	0.8%	5	-3
30	First-Citizens Bank & Trust Company	7(a)	2	—	0.8%	2	0
31	Four Corners Community Bank	7(a)	2	—	0.8%	0	new
32	United Midwest Savings Bank National Association	7(a)	2	—	0.8%	2	0
33	CDC Small Business Finance Corp.	7(a)	2	—	0.8%	0	new
34	Arizona Capital Source	504	1	—	0.4%	0	new
35	Firstrust Savings Bank	7(a)	1	—	0.4%	1	0
36	Shoreham Bank	7(a)	1	—	0.4%	1	0
37	B:Side Capital	504	1	—	0.4%	0	new
38	Main Bank	7(a)	1	—	0.4%	2	-1
39	Stone Bank	7(a)	1	—	0.4%	0	new
40	Genisys CU	7(a)	1	—	0.4%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2021	Change
1	Bernalillo County	81	$62.8M	30.8%	141	-60
2	Santa Fe County	22	$13.5M	8.4%	28	-6
3	Eddy County	18	$10.1M	6.8%	13	+5
4	Doña Ana County	17	$8.4M	6.5%	18	-1
5	Lea County	16	$9.1M	6.1%	10	+6
6	San Juan County	15	$13.7M	5.7%	13	+2
7	Sandoval County	15	$7.3M	5.7%	13	+2
8	Curry County	14	$7.3M	5.3%	17	-3
9	Otero County	14	$3.0M	5.3%	7	+7
10	Lincoln County	10	$3.4M	3.8%	10	0
11	Taos County	8	$4.2M	3.0%	4	+4
12	Chaves County	5	$1.7M	1.9%	6	-1
13	Valencia County	4	$2.7M	1.5%	3	+1
14	Los Alamos County	4	$2.8M	1.5%	3	+1
15	Sierra County	3	$630K	1.1%	11	-8
16	Rio Arriba County	3	$1.7M	1.1%	3	0
17	Roosevelt County	2	—	0.8%	4	-2
18	Luna County	2	—	0.8%	2	0
19	Torrance County	2	—	0.8%	2	0
20	San Miguel County	1	—	0.4%	3	-2
21	Socorro County	1	—	0.4%	0	new
22	McKinley County	1	—	0.4%	8	-7
23	Colfax County	1	—	0.4%	1	0
24	Grant County	1	—	0.4%	3	-2
25	Guadalupe County	1	—	0.4%	1	0
26	Cibola County	1	—	0.4%	0	new
27	Hidalgo County	1	—	0.4%	0	new

FY2022 against FY2021

New Mexico	FY2022	FY2021
7(a) approvals	218	278
7(a) dollars	$126M	$220M
Median 7(a) approval	$250K	$340K
504 approvals	45	47
504 dollars	$34.0M	$19.0M
Jobs supported, as reported	3,171	3,261

Questions and answers

Which lenders made the most SBA loans in New Mexico in FY2022?

Western Commerce Bank (49), Capital Certified Development Corporation (23), Wells Fargo Bank National Association (18), Enchantment Land Certified Development Company (16), First Savings Bank (13). 62 lenders had at least one approval.

How many SBA loans were approved in New Mexico in FY2022?

263: 218 under 7(a) worth $126M and 45 under 504 worth $34.0M.

Which New Mexico counties had the most SBA approvals in FY2022?

Bernalillo County (81), Santa Fe County (22), Eddy County (18), Doña Ana County (17), Lea County (16).

When does FY2022 start and end?

The federal fiscal year 2022 runs from 1 October 2021 to 30 September 2022.

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