SHANE PIERSON · SBA DATA
SBA Lending by State · New Mexico

SBA Lending in New Mexico

New Mexico is a mid-sized SBA market concentrated in food and lodging, growing -9%.

10,970
Total SBA loans
$3.5B
Approved dollars
6.2
Loans per 1,000 businesses / yr
-9%
Growth, 2010s to 2020s
5.6%
Active-loan distress
#43
Rank, national volume
#21
Rank, loans per business

Every SBA 7(a) and 504 loan approved in New Mexico since 1991 sits in the public federal record. New Mexico accounts for 10,970 of them, worth $3.5B, split 9,548 under 7(a) and 1,422 under 504. Roughly 9% of 7(a) went to startups and new businesses.

Top industries funded in New Mexico

  • Other1,563 loans · $286M
  • Retail1,298 loans · $301M
  • Food & Lodging876 loans · $612M
  • Construction845 loans · $172M
  • Healthcare803 loans · $279M
  • Professional Services777 loans · $200M

Program mix

9,548
7(a) loans
1,422
504 loans
9%
To startups & new businesses
91%
To existing businesses
See New Mexico on the interactive map

Drill New Mexico to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

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Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.