New Mexico · Arts & Recreation
SBA loans for arts & recreation in New Mexico
133 loans worth $67.7M approved since FY2010 for arts, entertainment, and recreation projects located in New Mexico.
Loans
133
Approved
$67.7M
Median loan
$240,000
+5% vs sector nationally
Median rate
7.50%
Jobs supported
1,440
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 arts & recreation in New Mexico
| Lender | Loans | Approved | Share |
|---|---|---|---|
| U.S. Bank | 11 | $10.9M | |
| Enchantment Land Certified Development Company | 14 | $10.5M | |
| Live Oak Banking Company | 2 | $5.8M | |
| Wells Fargo Bank | 20 | $4.9M | |
| Capital Certified Development Corporation | 6 | $4.7M | |
| Western Commerce Bank | 10 | $4.0M | |
| BMO Bank | 4 | $2.5M | |
| Bank Five Nine | 1 | $2.5M |
Detail
Which industries inside the sector
All SBA lending in New Mexico
4,858 loans across every sector.
Arts & Recreation nationally
33,312 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to arts & recreation businesses in New Mexico?
- 133 SBA loans totalling $67,718,200 have been approved for arts, entertainment, and recreation projects in New Mexico since FY2010.
- Which lenders finance arts & recreation in New Mexico?
- The most active by dollars approved are U.S. Bank, Enchantment Land Certified Development Company, Live Oak Banking Company, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for arts & recreation in New Mexico?
- The median approval is $240,000, 5% above the national median for this sector ($228,400).
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