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
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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