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Home » News » Top SBA Lenders – New Mexico

Top SBA Lenders – New Mexico

Published by sbalenders On February 26, 2020

Last annual update: Feb 7, 2021

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Most active SBA lenders in New Mexico

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1U.S. BankCincinnati, OH46$165,9657.9%
2Wells FargoSioux Falls, SD27$163,3529.5%
3Western Commerce BankCarlsbad, NM24$281,7337.6%
4Bank of the WestSan Francisco, CA22$395,8366.9%
5Bank of the SouthwestRoswell, NM11$131,7556.8%
6United Midwest Savings BankDe Graff, OH8$822,5008.1%
7New Mexico Bank TrustAlbuquerque, NM7$115,2146.7%
8First Savings BankBeresford, SD6$176,5956.1%
9Century BankSanta Fe, NM6$74,1677.2%
10Live OakWilmington, NC5$993,0007.1%
11First American BankArtesia, NM5$854,5608.2%
12Stearns BankSaint Cloud, MN5$336,6808.1%
13Independence BankEast Greenwich, RI5$145,0003.9%
14AccionAlbuquerque, NM5$96,22010.0%
15First Home BankSaint Petersburg, FL4$275,0007.9%
16Hana Small Business LendingLos Angeles, CA3$3,651,6676.2%
17Poppy BankSanta Rosa, CA3$3,266,6677.3%
18Newtek Small Business FinanceLake Success, NY3$1,256,6677.9%
19Byline BankChicago, IL3$1,043,3338.3%
20Pioneer BankRoswell, NM3$163,3337.4%

A few New Mexico-based banks were among the largest lenders to “The Land of Enchantment” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a hotel, restaurant, auto repair, medical practice, veterinary or pharmacy, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in New Mexico.

Top New Mexico PPP lenders (loans <$150,000)

RankBank# PPP Loans
1Wells Fargo Bank1,338
2Bank of America1,046
3U.S. Bank1,003
4First American Bank859
5Accion801
6Enterprise Bank & Trust758
7Citizens Bank of Las Cruces707
8New Mexico Bank & Trust598
9Washington Federal Bank591
10Nusenda FCU578

 

  Traditional small biz loan inquiry  

  Apply online for a PPP loan today   

Note: New Mexico PPP loan activity data from the CARES Act from March – August and does not include 2021 PPP loans.

Categories: News Tags: New Mexico
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Copyright 2021. All rights reserved. Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.
Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.

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