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New Mexico · Restaurants & Hotels
SBA loans for restaurants & hotels in New Mexico
689 loans worth $660.9M approved since FY2010 for accommodation and food services projects located in New Mexico.
Loans
689
Approved
$660.9M
Median loan
$452,000
+51% vs sector nationally
Median rate
6.25%
Jobs supported
10,909
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in New Mexico
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Western Commerce Bank | 89 | $70.2M | |
| Enchantment Land Certified Development Company | 54 | $49.2M | |
| Open Bank | 12 | $31.7M | |
| Capital Certified Development Corporation | 43 | $27.9M | |
| B:Side Capital | 11 | $23.6M | |
| US Metro Bank | 8 | $23.4M | |
| Shoreham Bank | 7 | $21.3M | |
| Readycap Lending, LLC | 11 | $20.3M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in New Mexico since FY2010 was $452,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in New Mexico
4,858 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in New Mexico?
- 689 SBA loans totalling $660,895,900 have been approved for accommodation and food services projects in New Mexico since FY2010.
- Which lenders finance restaurants & hotels in New Mexico?
- The most active by dollars approved are Western Commerce Bank, Enchantment Land Certified Development Company, Open Bank, Capital Certified Development Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in New Mexico?
- The median approval is $452,000, 51% above the national median for this sector ($300,000).
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