SBA by industry · NM

SBA lenders for retail stores in New Mexico

32 lenders made 81 SBA loans to retail stores in New Mexico in the 36 months ending September 30, 2026. U.S. Bank National Association made the most, with 10. The typical loan was about $210K.

Evidence
SBA 7(a) and 504 loans to retail stores in New Mexico, NAICS 44 and 45, excluding gas, convenience and pharmacy
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
32
SBA FOIA,
SBA loans, 36 months
81
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$34.0M
SBA FOIA,
Last 12 months
24
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for retail stores in New Mexico, https://lender.report/sba-lenders-for/retail/new-mexico/, data as of September 30, 2026.

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SBA lenders for retail stores in New Mexico. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 32.
LenderKindBased inLoansDollars7(a)504Last 12 months
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH10$566K1005
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC6$5.61M600
Western Commerce Bank SBA 7(a) recordBankCarlsbad, NM6$2.67M601
DreamSpring SBA 7(a) recordNon-bankAlbuquerque, NM6$787K603
Century Bank SBA 7(a) recordBankSanta Fe, NM5$3.51M501
Wells Fargo Bank, National Association SBA 7(a) recordBankSioux Falls, SD5$2.00M500
Northeast Bank SBA 7(a) recordBankPortland, ME5$820K501
Main Bank SBA 504 recordBankAlbuquerque, NM4$1.52M040
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL4$1.19M402
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH4$830K400
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT3$535K301
T Bank, National Association SBA 7(a) recordBankDallas, TX2$1.99M201
Customers Bank SBA 7(a) recordBankMalvern, PA2$1.55M200
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ2$540K200
Capital Certified Development Corporation SBA 7(a) recordNon-bankAustin, TX2$510K200
Lendistry SBLC, LLC SBA 7(a) recordNon-bankLos Angeles, CA2$428K201
Zions Bancorporation, N.A. SBA 7(a) recordBankSalt Lake City, UT2$66.0K202
Harvest Small Business Finance, LLC SBA 7(a) recordNon-bankLaguna Hills, CA1$2.60M100
Bank of Hope SBA 7(a) recordBankLos Angeles, CA1$1.90M101
First Internet Bank of Indiana SBA 7(a) recordBankFishers, IN1$1.90M100
First American BankBankArtesia, NM1$1.20M011
U.S. Eagle Credit UnionCredit unionAlbuquerque, NM1$750K100
First-Citizens Bank & Trust Company SBA 7(a) recordBankRaleigh, NC1$720K100
UMB Bank, National Association SBA 7(a) recordBankKansas City, MO1$330K100
Bell Bank SBA 504 recordBankFargo, ND1$310K011
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in New Mexico
IndustryLoans
All Other Miscellaneous Retailers8
Clothing and Clothing Accessories Retailers7
Sporting Goods Retailers6
Gift, Novelty, and Souvenir Retailers5
Florists4
Hobby, Toy, and Game Retailers4
Tire Dealers4
Used Car Dealers4
All Other General Merchandise Retailers3
Beer, Wine, and Liquor Retailers2
SBA FOIA,
SBA loans for retail stores in New Mexico, by size
Loan sizeLoans
Under $150K31
$150K to $350K24
$350K to $1M20
$1M to $2.5M8
$2.5M or more2
SBA FOIA,
  • SBA lenders recorded 81 loans to retail stores totaling $34M in New Mexico in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $210K, with the middle half between $78K and $500K. SBA FOIA,
  • 78 were SBA 7(a) loans and 7 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 78 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 69 of the loans, credit unions 2, and non-banks 14. SBA FOIA,
  • The five most active lenders made 40.7% of the loans. SBA FOIA,
  • The three most active lenders were U.S. Bank National Association with 10, DreamSpring with 6, and Live Oak Banking Company with 6. SBA FOIA,
  • 31 of the loans were under $150K, and 10 were $1M or more. SBA FOIA,
  • The SBA file shows 24 approvals of these loans dated in the 12 months to September 30, 2026, versus 37 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 8 of the 32 lenders are based in New Mexico. The rest are based elsewhere, most often in California, Ohio and Florida. SBA FOIA,
  • The most common detailed industry in New Mexico was All Other Miscellaneous Retailers, with 8 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to retail stores 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 44 and 45, excluding gas, convenience and pharmacy.
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.