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SBA 7(a) record
First American Bank, Artesia, NM: SBA 7(a) loans made
First American Bank, Artesia, NM, a bank based in Artesia, NM, made 10 SBA 7(a) loans in the 36 months ending September 30, 2026, $4.9M in all, net of cancelled approvals. The typical loan was about $300K, and 4 were in the last 12 months. Most were in New Mexico.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 10
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $4.89M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $300K
- SBA FOIA,
- Largest loan
- $1.5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 4
- SBA FOIA,
Cite this
Source: The Lender Report, First American Bank, Artesia, NM: SBA 7(a) loans made, https://lender.report/lender/first-american-bank-nm/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | New Mexico | SBA 7(a), Health Care and Social Assistance | $300K | 8.25% | 7 yr | SBA FOIA | |
| Apr 2026 | New Mexico | SBA 7(a), Offices of All Other Miscellaneous Health Practitioners | $210K | 8.75% | 20 yr | SBA FOIA | |
| Jan 2026 | Texas | SBA 7(a), Drywall and Insulation Contractors | $500K | 8.25% | 1 yr | SBA FOIA | |
| Nov 2025 | Texas | SBA 7(a), Computer Systems Design Services | $200K | 8% | 5 yr | SBA FOIA | |
| Apr 2025 | Texas | SBA 7(a), Full-Service Restaurants | $1.5M | 9.5% | 6 yr | SBA FOIA | |
| Dec 2024 | New Mexico | SBA 7(a), Offices of Real Estate Agents and Brokers | $490K | 9.25% | 10 yr | SBA FOIA | |
| Oct 2024 | New Mexico | SBA 7(a), Offices of Physical, Occupational and Speech Therapists, and Audiologists | $69K | 8.5% | 10 yr | SBA FOIA | |
| Sep 2024 | Texas | SBA 7(a), All Other Outpatient Care Centers | $1.4M | 9.5% | 6 yr | SBA FOIA | |
| Dec 2023 | New Mexico | SBA 7(a), Educational Services | $190K | 11.5% | 5 yr | SBA FOIA | |
| Nov 2023 | New Mexico | SBA 7(a), Child Care Services | $35K | 12% | 10 yr | SBA FOIA | |
| 10 SBA 7(a) loans since October 2023, net of cancelled | $4.89M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| New Mexico | 6 | $1.29M |
| Texas | 4 | $3.60M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 2 | $104K |
| $150K to $350K | 4 | $900K |
| $350K to $1M | 2 | $990K |
| $1M to $2.5M | 2 | $2.90M |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 2 | $225K |
| 2024 Q3 | 1 | $1.40M |
| 2024 Q4 | 2 | $559K |
| 2025 Q2 | 1 | $1.50M |
| 2025 Q4 | 1 | $200K |
| 2026 Q1 | 1 | $500K |
| 2026 Q2 | 1 | $210K |
| 2026 Q3 | 1 | $300K |
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.
| Industry (NAICS) | Loans |
|---|---|
| All Other Outpatient Care Centers (621498) | 1 |
| Child Care Services (624410) | 1 |
| Computer Systems Design Services (541512) | 1 |
| Drywall and Insulation Contractors (238310) | 1 |
| Educational Services | 1 |
| Full-Service Restaurants (722511) | 1 |
| Health Care and Social Assistance | 1 |
| Offices of All Other Miscellaneous Health Practitioners (621399) | 1 |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340) | 1 |
| Offices of Real Estate Agents and Brokers (531210) | 1 |
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.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 7 |
| SBA Express Program | 2 |
| Working Capital CAPLine | 1 |
- First American Bank, Artesia, NM made 10 SBA 7(a) loans totaling $4.9M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- 4 of them were in the 12 months to September 30, 2026, and 3 in the 12 months before. SBA FOIA,
- The typical loan was about $300K, with the middle half between $190K and $500K. SBA FOIA,
- The largest was about $1.5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 2 loans were under $150K, and 2 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.25% on 10 loans, with the middle half between 8.25% and 9.50%. SBA FOIA,
- The median term was 7 years. SBA FOIA,
- Its loans went most often to All Other Outpatient Care Centers, with 1. SBA FOIA,
- The SBA file lists 7 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in New Mexico (6) and Texas (4). SBA FOIA,
What we don't know
- Whether First American Bank, Artesia, NM is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. 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.
Loans are SBA approvals, net of cancelled approvals.
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.