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SBA Loans in New Mexico

7(a) and 504 loans approved, fiscal years 2022 to 2026

Loans approved
1,317
Amount approved
$783M
Jobs supported
15,771
As reported by borrowers

Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.

Loans by fiscal year

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YearLoansAmountAverage7(a)504
FY2026 (through 06/30/2026)189$94.2M$498,56416623
FY2025345$221M$639,78631134
FY2024283$150M$529,93326023
FY2023237$157M$663,80321126
FY2022263$160M$609,81121845

By county

All years shown

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By city

Cities with at least 5 loans

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CityLoansAmount
Albuquerque449$281M
Santa Fe131$75.8M
Las Cruces92$46.5M
Farmington47$34.6M
Rio Rancho63$32.9M
Carlsbad69$32.6M
Lovington27$23.3M
Clovis41$23.3M
Hobbs46$22.7M
Alamogordo19$16.2M
Gallup19$15.2M
Taos11$13.8M
Ruidoso14$9.7M
Belen6$8.8M
Roswell18$8.7M
Artesia18$7.7M
Aztec12$7.5M
Santa Rosa5$7.2M
Moriarty5$6.8M
Grants7$6.6M
Deming11$6.4M
Bloomfield10$5.9M
Edgewood5$5.6M
Los Lunas14$4.7M
Corrales8$4.1M
Red River7$4M
Truth or Consequences6$2.9M
Española6$2.6M
Cedar Crest5$2.6M
Sandia Park5$2.2M
Portales7$2M
Santa Teresa5$1.2M
White Rock5$1.2M

Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026