Checked
SBA Loans in Lea County, NM
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 74
- Amount approved
- $47.1M
- Jobs supported
- 1,188
- 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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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 9 | $7.9M | $878,444 | 8 | 1 |
| FY2025 | 17 | $14.1M | $828,771 | 17 | 0 |
| FY2024 | 13 | $7.9M | $607,300 | 13 | 0 |
| FY2023 | 19 | $8.1M | $426,674 | 18 | 1 |
| FY2022 | 16 | $9.1M | $566,844 | 16 | 0 |
Top industries
All years shown, by amount
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| Industry | Loans | Amount |
|---|---|---|
| Support Activities for Oil and Gas Operations | 24 | $19M |
| Hotels (except Casino Hotels) and Motels | 5 | $12.6M |
| Tire Dealers | 1 | $3.1M |
| Snack and Nonalcoholic Beverage Bars | 5 | $2.4M |
| Oil and Gas Pipeline and Related Structures Construction | 2 | $2.1M |
| All Other Specialty Trade Contractors | 2 | $1.5M |
| Other Building Material Dealers | 2 | $1.2M |
| Electrical Contractors and Other Wiring Installation Contractors | 3 | $900K |
| General Automotive Repair | 3 | $547K |
| All Other Amusement and Recreation Industries | 1 | $350K |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Western Commerce Bank | 39 | $20.4M |
| Millennium Bank | 1 | $5M |
| Colony Bank | 2 | $4.9M |
| Bank of Hope | 1 | $4M |
| Lea County State Bank | 2 | $3.2M |
| Live Oak Banking Company | 1 | $3.1M |
| Capital Certified Development Corporation | 2 | $1.3M |
| Newtek Bank, National Association | 3 | $1.2M |
| Centerstone SBA Lending, Inc. | 1 | $1.1M |
| Northeast Bank | 3 | $505K |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026
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