SBA by industry · NM
SBA lenders for medical practices in New Mexico
18 lenders made 52 SBA loans to medical practices in New Mexico in the 36 months ending September 30, 2026. Readycap Lending, LLC made the most, with 4. The typical loan was about $150K.
- Evidence
- SBA 7(a) and 504 loans to medical practices in New Mexico, NAICS 621, excluding dental
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 18
- SBA FOIA,
- SBA loans, 36 months
- 52
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $16.6M
- SBA FOIA,
- Last 12 months
- 10
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for medical practices in New Mexico, https://lender.report/sba-lenders-for/medical-practices/new-mexico/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| Readycap Lending, LLC SBA 7(a) record | Non-bank | Berkeley Heights, NJ | 4 | $400K | 4 | 0 | 1 |
| Western Commerce Bank SBA 7(a) record | Bank | Carlsbad, NM | 4 | $325K | 4 | 0 | 2 |
| Live Oak Banking Company SBA 7(a) record | Bank | Wilmington, NC | 3 | $650K | 3 | 0 | 2 |
| U.S. Bank National Association SBA 7(a) record | Bank | Cincinnati, OH | 3 | $259K | 3 | 0 | 2 |
| Newtek Bank, National Association SBA 7(a) record | Bank | Miami, FL | 2 | $1.15M | 2 | 0 | 0 |
| First Bank of the Lake SBA 7(a) record | Bank | Osage Beach, MO | 2 | $460K | 2 | 0 | 0 |
| First American Bank SBA 7(a) record | Bank | Artesia, NM | 2 | $279K | 2 | 0 | 1 |
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 1 | $980K | 1 | 0 | 0 |
| State Employees Credit Union | Credit union | Santa Fe, NM | 1 | $760K | 1 | 0 | 0 |
| BOKF, National Association SBA 7(a) record | Bank | Tulsa, OK | 1 | $740K | 1 | 0 | 1 |
| United Midwest Savings Bank, National Association SBA 7(a) record | Bank | Degraff, OH | 1 | $480K | 1 | 0 | 0 |
| Capital Certified Development Corporation SBA 7(a) record | Non-bank | Austin, TX | 1 | $280K | 1 | 0 | 0 |
| DreamSpring SBA 7(a) record | Non-bank | Albuquerque, NM | 1 | $250K | 1 | 0 | 0 |
| Wells Fargo Bank, National Association SBA 7(a) record | Bank | Sioux Falls, SD | 1 | $240K | 1 | 0 | 0 |
| Northeast Bank SBA 7(a) record | Bank | Portland, ME | 1 | $100K | 1 | 0 | 1 |
| Nusenda Credit Union | Credit union | Albuquerque, NM | 1 | $100K | 1 | 0 | 0 |
| Century Bank SBA 7(a) record | Bank | Santa Fe, NM | 1 | $50.0K | 1 | 0 | 0 |
| The Bank of Clovis SBA 7(a) record | Bank | Clovis, NM | 1 | $11.0K | 1 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Offices of Physical, Occupational and Speech Therapists, and Audiologists | 9 |
| Offices of All Other Miscellaneous Health Practitioners | 8 |
| Offices of Physicians (except Mental Health Specialists) | 8 |
| Offices of Mental Health Practitioners (except Physicians) | 6 |
| Home Health Care Services | 5 |
| Offices of Chiropractors | 4 |
| All Other Outpatient Care Centers | 3 |
| Offices of Physicians, Mental Health Specialists | 3 |
| Medical Laboratories | 2 |
| Outpatient Mental Health and Substance Abuse Centers | 2 |
| Loan size | Loans |
|---|---|
| Under $150K | 15 |
| $150K to $350K | 10 |
| $350K to $1M | 5 |
| $1M to $2.5M | 1 |
| $2.5M or more | 0 |
- SBA lenders recorded 52 loans to medical practices totaling $16.6M in New Mexico in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $150K, with the middle half between $51K and $250K. SBA FOIA,
- 31 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 9.50% on 31 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 23 of the loans, credit unions 2, and non-banks 6. SBA FOIA,
- The five most active lenders made 30.8% of the loans. SBA FOIA,
- The three most active lenders were Readycap Lending, LLC with 4, Western Commerce Bank with 4, and Live Oak Banking Company with 3. SBA FOIA,
- 15 of the loans were under $150K, and 1 were $1M or more. SBA FOIA,
- 21 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
- The SBA file shows 10 approvals of these loans dated in the 12 months to September 30, 2026, versus 13 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 7 of the 18 lenders are based in New Mexico. The rest are based elsewhere, most often in Ohio, Florida and Maine. SBA FOIA,
- The most common detailed industry in New Mexico was Offices of Physical, Occupational and Speech Therapists, and Audiologists, with 9 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to medical practices in New Mexico
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in New Mexico, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 621, excluding dental.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. 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
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.