New Mexico · Agriculture
SBA loans for agriculture in New Mexico
51 loans worth $16.2M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in New Mexico.
Loans
51
Approved
$16.2M
Median loan
$85,000
-57% vs sector nationally
Median rate
6.63%
Jobs supported
367
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 agriculture in New Mexico
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Bank of the Southwest | 9 | $5.0M | |
| The Bank of Clovis | 4 | $3.1M | |
| U.S. Bank | 2 | $2.8M | |
| Wells Fargo Bank | 12 | $1.2M | |
| Beacon Business Bank | 2 | $1.1M | |
| Citizens Business Bank | 1 | $689K | |
| Century Bank | 2 | $355K | |
| The Huntington National Bank | 1 | $350K |
Detail
Which industries inside the sector
All SBA lending in New Mexico
4,858 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in New Mexico?
- 51 SBA loans totalling $16,177,700 have been approved for agriculture, forestry, fishing and hunting projects in New Mexico since FY2010.
- Which lenders finance agriculture in New Mexico?
- The most active by dollars approved are Bank of the Southwest, The Bank of Clovis, U.S. Bank, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in New Mexico?
- The median approval is $85,000, 57% below the national median for this sector ($200,000).
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