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PPP Loans in New Mexico

41,167 loans worth $3.38B went to businesses and nonprofits in New Mexico, supporting 415,931 reported jobs.

Loans
41,167
Total approved
$3.38B
Average $82,116
Jobs reported
415,931
Forgiven
$3.29B
97% of approved

PPP loans by county in New Mexico

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Bernalillo County14,172$1.3B162,973
2Santa Fe County4,914$355M41,809
3Doña Ana County4,040$256M35,820
4Lea County2,041$237M20,485
5San Juan County1,944$233M23,869
6Eddy County1,482$199M17,617
7Sandoval County2,017$127M16,864
8Chaves County1,217$103M13,379
9McKinley County732$67.21M10,599
10Curry County1,065$62.38M9,233
11Taos County1,016$56.74M8,884
12Otero County937$46.45M6,855
13Rio Arriba County439$41.55M5,368
14Valencia County671$39.1M5,539
15Grant County394$27.61M3,946
16Lincoln County605$27.54M4,707
17Cibola County210$22.82M2,885
18Roosevelt County373$21.55M3,255
19Luna County536$18.7M3,059
20San Miguel County332$17.48M3,154
21Colfax County281$15.91M2,195
22Sierra County226$14.04M1,782
23Socorro County186$8.89M2,116
24Torrance County158$6.89M1,325
25Quay County249$6.66M1,109
26Guadalupe County90$5.66M953
27Union County161$4.91M683
28Hidalgo County76$4.02M669
29Mora County51$2.3M353
30Los Alamos County52$2.11M293
31De Baca County75$1.68M220
32Harding County53$1.42M217
33Catron County46$841K170

Loans by industry

Share of total loan dollars

  • Health care and social assistance4,336 loans14.6%
  • Construction4,114 loans14.0%
  • Accommodation and food services3,961 loans13.0%
  • Professional and technical services4,646 loans8.9%
  • Mining, oil and gas1,076 loans8.3%
  • Retail trade3,611 loans7.9%
  • Other services4,972 loans5.9%
  • Manufacturing1,776 loans5.3%
  • Administrative and support services1,684 loans3.1%
  • Arts, entertainment and recreation1,358 loans2.8%

Loans by size

Share of the number of loans

  • Under $20K18,02743.8%
  • $20K to $50K10,93826.6%
  • $50K to $150K7,71718.7%
  • $150K to $350K2,7486.7%
  • $350K to $1M1,2793.1%
  • $1M to $2M3010.7%
  • $2M or more1570.4%

Top lenders

By loan dollars

  1. 1First American Bank1,685$226M
  2. 2BOKF, National Association1,002$187M
  3. 3New Mexico Bank and Trust, A Division of HTLF Bank1,206$150M
  4. 4Century Bank882$143M
  5. 5U.S. Bank, National Association1,738$136M
  6. 6Western Commerce Bank1,168$121M
  7. 7Enterprise Bank & Trust1,335$120M
  8. 8Wells Fargo Bank, National Association2,033$114M
  9. 9BMO Bank National Association832$104M
  10. 10Bank of America, National Association1,586$104M

Cities with the most PPP money in New Mexico

By ZIP codes assigned to each city

Swipe the table sideways to see more columns.

#CityLoansAmount
1Albuquerque11,882$1.16B
2Farmington1,042$128M
3Santa Fe1,022$70.24M
4University Park901$55.47M
5South Valley537$47.66M
6Gallup579$44.87M
7Carnuel595$42.17M
8Rio Rancho Estates791$40.69M
9Taos Pueblo592$35.45M
10Rio Rancho305$21.34M
11Ruidoso387$18.08M
12Corrales241$13.21M
13Belen187$8.37M
14Sunland Park102$7.88M
15Socorro121$5.87M
16Edgewood146$5.46M
17Angel Fire72$3.49M
18Mesilla49$3.44M
19Peralta35$2.87M
20White Rock52$2.11M
21La Cueva14$1.37M
22Los Cerrillos50$1.18M
23Cuartelez21$911K
24Thoreau18$697K
25Arroyo Seco44$654K
26Boles Acres3$615K
27Chamberino7$431K
28Dixon13$329K
29Whites City1$274K
30Eagle Nest13$269K

Largest PPP loans in New Mexico

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Presbyterian Medical ServicesHealth care and social assistanceSanta Fe, NM87501$10M500-04/09/2021
Bam! Pizza Management, INC.Accommodation and food servicesRoswell, NM88203$7.78M500$7.87MForgiven on 06/11/202104/14/2020
Dreamstyle Remodeling, INC.ConstructionAlbuquerque, NM87107$7.57M403$7.66MForgiven on 06/11/202104/08/2020
Tlc Company, INC.Real estate and rentalAlbuquerque, NM87107$7.28M491$7.39MForgiven on 09/20/202104/09/2020
B&d Industries, INC.ConstructionAlbuquerque, NM87123$6.99M472$7.07MForgiven on 06/25/202104/28/2020
Chase Energy Services LLCMining, oil and gasArtesia, NM88211$6.9M251$3.04MForgiven on 06/11/202104/09/2020
Nor-Lea Hospital DistrictHealth care and social assistanceLovington, NM88260$6.65M497$6.73MForgiven on 06/25/202104/28/2020
Meow Wolf, INC.Arts, entertainment and recreationSanta Fe, NM87507$6.63M466$6.12MForgiven on 12/03/202104/11/2020
Gila Regional Medical CenterHealth care and social assistanceSilver City, NM88061$6.27M487$6.35MForgiven on 06/30/202104/10/2020
Ben Archer Health CenterHealth care and social assistanceLas Cruces, NM88012$6.19M326$6.27MForgiven on 07/26/202104/10/2020
Artesia General HosptialHealth care and social assistanceArtesia, NM88210$5.94M460$6.01MForgiven on 06/02/202104/11/2020
West States Energy Contractors, INC.Mining, oil and gasFarmington, NM87402$5.57M384$5.63MForgiven on 06/04/202104/09/2020
Rmchcs INCHealth care and social assistanceGallup, NM87301$5.47M439$5.55MForgiven on 09/01/202104/15/2020
La Clinica De Familia, INCHealth care and social assistanceLas Cruces, NM88005$5.43M498$5.49MForgiven on 06/11/202105/21/2020
Sandia CasinoArts, entertainment and recreationAlbuquerque, NM87113$5.24M443$5.31MForgiven on 07/13/202104/29/2020
Process Equipment & Service Company, INC.ManufacturingFarmington, NM87401$5.2M162$5.26MForgiven on 06/11/202104/07/2020
Dugan Production CorporationMining, oil and gasFarmington, NM87401$5.18M180$5.25MForgiven on 08/10/202105/01/2020
Lovelace Respiratory Research InstituteProfessional and technical servicesAlbuquerque, NM87108$5.15M388$5.2MForgiven on 06/11/202105/02/2020
First Choice Community Healthcare INCHealth care and social assistanceAlbuquerque, NM87105$4.98M435$5.04MForgiven on 06/11/202104/13/2020
Taos Health Systems, INC.Health care and social assistanceTaos, NM87571$4.84M427$4.9MForgiven on 06/14/202104/06/2020
Watson Construction Co, INCConstructionHobbs, NM88240$4.82M424$4.88MForgiven on 06/11/202104/14/2020
The Jaynes CompaniesConstructionAlbuquerque, NM87107$4.71M291$4.77MForgiven on 07/30/202104/07/2020
Riley Industrial Services INCConstructionFarmington, NM87401$4.53M210$4.59MForgiven on 06/11/202104/03/2020
Dion's PizzaAccommodation and food servicesAlbuquerque, NM87113$4.52M500$4.57MForgiven on 06/15/202104/07/2020
Southwest Care CenterHealth care and social assistanceSante Fe, NM87505$4.24M187$4.29MForgiven on 08/24/202104/28/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

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Frequently asked questions

How many PPP loans were made in New Mexico?
Lenders approved 41,167 PPP loans worth $3,380,484,555 for borrowers in New Mexico, an average of $82,116 per loan.
What was the largest PPP loan in New Mexico?
The largest was $10,000,000 to Presbyterian Medical Services in Santa Fe, which reported 500 jobs.
Which county in New Mexico got the most PPP money?
Bernalillo County received the most, $1.3B across 14,172 loans.