--- title: SBA 504 Lenders in New Mexico: 33 Made Loans in 3 Years url: https://lender.report/sba-504-lenders/new-mexico/ license: https://lender.report/license/ --- SBA 504 ยท NM # SBA 504 lenders in New Mexico 33 lenders provided the first lien on at least one SBA 504 project in New Mexico in the 36 months ending September 30, 2026. Main Bank made the most, with 13 of the 77 on record. **Evidence** Lender provided the first lien on at least one SBA 504 project in New Mexico in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 12, 2026 **Lenders on record** 33 SBA FOIA, Sep 30, 2026 **First liens, 36 months** 77 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $119M SBA FOIA, Sep 30, 2026 **Approvals, last 12 months (funded or not)** 24 SBA FOIA, Sep 30, 2026 -25.0% from the prior 12 months Cite this Source: The Lender Report, SBA 504 lenders in New Mexico, https://lender.report/sba-504-lenders/new-mexico/, data as of September 30, 2026. ## Describe a deal in New Mexico See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 504 loans in New Mexico](https://lender.report/comps/?lane=sba_504&state=NM)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | First liens | Dollars | | --- | --- | --- | --- | --- | | [Main Bank](https://lender.report/lender/main-bank-nm/) [SBA 504 record](https://lender.report/lender/main-bank-nm/sba-504/) | Bank | Albuquerque, NM | 13 | $15.3M | | [Century Bank](https://lender.report/lender/century-bank-nm/) | Bank | Santa Fe, NM | 6 | $10.4M | | [Enterprise Bank & Trust](https://lender.report/lender/enterprise-bank-and-trust-mo/) [SBA 504 record](https://lender.report/lender/enterprise-bank-and-trust-mo/sba-504/) | Bank | Clayton, MO | 5 | $3.15M | | [First Savings Bank](https://lender.report/lender/first-savings-bank-sd/) [SBA 504 record](https://lender.report/lender/first-savings-bank-sd/sba-504/) | Savings | Beresford, SD | 4 | $11.0M | | [First American Bank](https://lender.report/lender/first-american-bank-nm/) | Bank | Artesia, NM | 4 | $3.60M | | [Bank of the Southwest](https://lender.report/lender/bank-of-the-southwest-nm/) | Bank | Roswell, NM | 4 | $3.30M | | [Bank Five Nine](https://lender.report/lender/bank-five-nine-wi/) [SBA 504 record](https://lender.report/lender/bank-five-nine-wi/sba-504/) | Bank | Oconomowoc, WI | 3 | $9.30M | | [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) [SBA 504 record](https://lender.report/lender/live-oak-banking-nc/sba-504/) | Bank | Wilmington, NC | 3 | $7.70M | | [First New Mexico Bank, Las Cruces](https://lender.report/lender/first-new-mexico-bank-las-cruces-nm/) | Bank | Las Cruces, NM | 3 | $5.30M | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [SBA 504 record](https://lender.report/lender/u-s-bank-oh/sba-504/) | Bank | Cincinnati, OH | 3 | $2.50M | | [Sunward Credit Union](https://lender.report/lender/sunward-credit-union-nm/) | Credit union | Albuquerque, NM | 2 | $9.40M | | [First Bank of the Lake](https://lender.report/lender/first-bank-of-the-lake-mo/) [SBA 504 record](https://lender.report/lender/first-bank-of-the-lake-mo/sba-504/) | Bank | Osage Beach, MO | 2 | $3.10M | | [WaFd Bank](https://lender.report/lender/wafd-bank-wa/) [SBA 504 record](https://lender.report/lender/wafd-bank-wa/sba-504/) | Bank | Seattle, WA | 2 | $1.30M | | [City Bank](https://lender.report/lender/city-bank-tx/) [SBA 504 record](https://lender.report/lender/city-bank-tx/sba-504/) | Bank | Lubbock, TX | 2 | $1.00M | | [Nusenda Credit Union](https://lender.report/lender/nusenda-credit-union-nm/) | Credit union | Albuquerque, NM | 2 | $940K | | [Bank of Utah](https://lender.report/lender/bank-of-utah-ut/) [SBA 504 record](https://lender.report/lender/bank-of-utah-ut/sba-504/) | Bank | Ogden, UT | 1 | $6.00M | | [First National Bank](https://lender.report/lender/first-national-bank-nm/) | Bank | Alamogordo, NM | 1 | $3.50M | | [Bank of Hays](https://lender.report/lender/bank-of-hays-ks/) | Bank | Hays, KS | 1 | $3.00M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 504 record](https://lender.report/lender/celtic-bank-ut/sba-504/) | Bank | Salt Lake City, UT | 1 | $3.00M | | [Western Bank](https://lender.report/lender/western-bank-nm-lordsburg/) | Bank | Lordsburg, NM | 1 | $2.80M | | [PromiseOne Bank](https://lender.report/lender/promiseone-bank-ga/) | Bank | Duluth, GA | 1 | $2.40M | | [United Business Bank](https://lender.report/lender/united-business-bank-ca/) [SBA 504 record](https://lender.report/lender/united-business-bank-ca/sba-504/) | Bank | Walnut Creek, CA | 1 | $2.40M | | [Firstlight Credit Union](https://lender.report/lender/firstlight-credit-union-tx/) | Credit union | El Paso, TX | 1 | $1.10M | | [T Bank, National Association](https://lender.report/lender/t-bank-tx/) [SBA 504 record](https://lender.report/lender/t-bank-tx/sba-504/) | Bank | Dallas, TX | 1 | $860K | | [First American Bank](https://lender.report/lender/first-american-bank-il/) [SBA 504 record](https://lender.report/lender/first-american-bank-il/sba-504/) | Bank | Elk Grove Village, IL | 1 | $750K | SBA FOIA, Sep 30, 2026 [See all 33 SBA 504 lenders in New Mexico in Loan Comps](https://lender.report/comps/?lane=sba_504&state=NM) Dollars are first-lien amounts on SBA 504 approvals. - Lenders recorded 77 SBA 504 first liens totaling $119.3M in New Mexico in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 70 of those, credit unions 6, and non-banks 0. SBA FOIA, Sep 30, 2026 - The five most active lenders made 41.6% of New Mexico's SBA 504 first liens. SBA FOIA, Sep 30, 2026 - Main Bank recorded the most dollars in New Mexico, at $15.3M. SBA FOIA, Sep 30, 2026 - 12 of these lenders are based in New Mexico. SBA FOIA, Sep 30, 2026 - 1 lender recorded 10 or more SBA 504 first liens in New Mexico. SBA FOIA, Sep 30, 2026 - 1 of these first liens was made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA, Sep 30, 2026 - The SBA file shows 24 SBA 504 approvals in New Mexico dated in the 12 months to September 30, 2026, versus 32 in the prior 12 months. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA, Sep 30, 2026 - The typical SBA 504 first lien in New Mexico was about $610K, with the middle half between $300K and $1.5M. SBA FOIA, Sep 30, 2026 - The median term in New Mexico was 25 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 504 first liens in New Mexico **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 504 projects located in New Mexico with an approval date in the 36 months ending September 30, 2026, not cancelled, that name the lender as first-lien lender. **Order** Largest first by first liens in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-504-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. An SBA 504 project pairs a first-lien lender with a Certified Development Company that funds a second lien, for owner-occupied real estate and equipment. SBA 504 figures count the first-lien lender on each SBA approval. A project marked not funded is often recent and awaiting funding. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. 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](https://lender.report/report/) 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.