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SBA 504 CDC record

Enchantment Land Certified Development Company: SBA 504 projects as the CDC

Enchantment Land Certified Development Company, based in Albuquerque, NM, is named in the SBA file as the Certified Development Company on 11 SBA 504 projects with an approval in the 36 months ending September 30, 2026, leaving out approvals the file marks cancelled or not funded. The first liens on those projects, made by other lenders, total $9.7M. Most of the projects were in New Mexico.

Evidence
SBA 504 projects that name it as the CDC, 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 11, 2026
Projects as the CDC, 36 months
11
SBA FOIA,
Cancelled and not funded approvals left out
First-lien dollars
$9.74M
SBA FOIA,
Lent by the first-lien lenders, not by the CDC
SBA debenture dollars
$19.0M
SBA FOIA,
On its approvals net of cancelled, funded or not
Typical first lien
$320K
SBA FOIA,
Last 12 months
4
SBA FOIA,

Cite this

Source: The Lender Report, Enchantment Land Certified Development Company: SBA 504 projects as the CDC, https://lender.report/lender/enchantment-land-certified-development-nm/sba-504-cdc/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Enchantment Land Certified Development CompanyFirst liens on its projects, made by other lenders. Newest first
PeriodPlaceLoanAmountRateTermLTVSource
Nov 2025New MexicoSBA 504, Construction$170K25 yrSBA FOIA
Sep 2025New MexicoSBA 504, Hotels (except Casino Hotels) and Motels$4.4M25 yrSBA FOIA
Jun 2025New MexicoSBA 504, Retail Trade$540K25 yrSBA FOIA
Mar 2025New MexicoSBA 504, Construction$610K25 yrSBA FOIA
Feb 2025New MexicoSBA 504, Professional, Scientific, and Technical Services$230K25 yrSBA FOIA
Jan 2025New MexicoSBA 504, Hotels (except Casino Hotels) and Motels$2.4M25 yrSBA FOIA
Jan 2025New MexicoSBA 504, Retail Trade$320K25 yrSBA FOIA
Dec 2024New MexicoSBA 504, Retail Trade$160K25 yrSBA FOIA
Sep 2024New MexicoSBA 504, Other Services (except Public Administration)$290K25 yrSBA FOIA
Jul 2024New MexicoSBA 504, Professional, Scientific, and Technical Services$120K25 yrSBA FOIA
Mar 2024New MexicoSBA 504, Retail Trade$500K25 yrSBA FOIA
11 SBA 504 projects in the 36 months ending September 30, 2026$9.74MFirst-lien dollars, SBA FOIA

A blank means the source did not report it.

Where the SBA 504 projects that name Enchantment Land Certified Development Company as the CDC are, most projects first
StateProjectsFirst-lien dollars
New Mexico11$9.74M
SBA FOIA,

SBA loans are on record by state only. The dollars are the first liens other lenders made on these projects.

Enchantment Land Certified Development Company: SBA 504 projects by the size of the first lien
First-lien sizeProjectsFirst-lien dollars
Under $150K1$120K
$150K to $350K5$1.17M
$350K to $1M3$1.65M
$1M to $2.5M1$2.40M
$2.5M or more1$4.40M
SBA FOIA,
Enchantment Land Certified Development Company: SBA 504 projects by quarter
QuarterProjectsFirst-lien dollars
2024 Q11$500K
2024 Q32$410K
2024 Q41$160K
2025 Q14$3.56M
2025 Q21$540K
2025 Q31$4.40M
2025 Q41$170K
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business on Enchantment Land Certified Development Company's SBA 504 projects, most projects first
Industry (NAICS)Projects
Retail Trade4
Construction2
Hotels (except Casino Hotels) and Motels (721110)2
Professional, Scientific, and Technical Services2
Other Services (except Public Administration)1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the projects
Processing methodProjects
ALP Express4
504 Basic3
504 Refinancing Program2
Accredited Lenders Program2
SBA FOIA,
First-lien lenders on Enchantment Land Certified Development Company's SBA 504 projects, most projects first
First-lien lenderProjectsFirst-lien dollars
Main Bank7$6.89M
United Business Bank1$2.40M
WaFd Bank1$170K
Nusenda Credit Union1$160K
First American Bank, Artesia, NM1$120K
SBA FOIA,
Enchantment Land Certified Development Company as the CDC in the SBA file, 36 months ending September 30, 2026
MeasureFigure
Approvals that name it as the CDC, net of cancelled approvals18
Of those, funded by September 30, 2026: the projects on this page11
Of those, not funded by September 30, 20267
SBA debenture dollars on the approvals net of cancelled, funded or not$19.0M
SBA FOIA,

The debenture is the part of a 504 project that comes through the CDC. The lender record carries its dollars for the approvals as a whole, not project by project.

  • The SBA file names Enchantment Land Certified Development Company as the Certified Development Company on 11 SBA 504 projects with an approval in the 36 months ending September 30, 2026, in 1 state. Approvals the file marks cancelled or not funded are left out. SBA FOIA,
  • The first liens on those projects, made by other lenders, total $9.7M. That is the first-lien lenders' money, not Enchantment Land Certified Development Company's own lending. SBA FOIA,
  • The part of a 504 project that comes through the CDC is the SBA debenture. The SBA file shows $19M in debentures on 18 approvals that name Enchantment Land Certified Development Company in the same 36 months, net of cancelled approvals; 7 of those were not funded by September 30, 2026 and are not among the projects here. SBA FOIA,
  • 4 of the projects carry an approval date in the 12 months to September 30, 2026, and 9 in the 12 months before, counting approvals not yet funded in both periods. SBA FOIA,
  • The typical first lien was about $320K, with the middle half between $170K and $610K. SBA FOIA,
  • The largest first lien was about $4.4M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • The median term of the first liens was 25 years. SBA FOIA,
  • The first liens came from 5 lenders with a record here, most often Main Bank (7). SBA FOIA,
  • The projects were most often for Retail Trade (4). SBA FOIA,
  • The SBA file lists 4 of the projects as processed under ALP Express. SBA FOIA,
  • The projects were most often in New Mexico (11). SBA FOIA,

What we don't know

  • Whether Enchantment Land Certified Development Company is taking new SBA 504 projects today, or how it would treat a business like yours.
  • The debenture on each project. The rows here carry the first-lien amount; debenture dollars are on record for the lender as a whole.
  • Projects with a cancelled approval, and approvals not funded yet. They are left out of the projects here.
  • The borrower, the address and every term beyond the term of the first lien. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Every project here is an SBA 504 approval that names Enchantment Land Certified Development Company as the Certified Development Company. Dollars in the list and the tables are first-lien amounts, lent by the first-lien lender on each project.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.