New Mexico · Retail
SBA loans for retail in New Mexico
359 loans worth $184.9M approved since FY2010 for retail trade projects located in New Mexico.
Loans
359
Approved
$184.9M
Median loan
$230,000
-8% vs sector nationally
Median rate
6.25%
Jobs supported
3,744
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 retail in New Mexico
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 20 | $29.9M | |
| Enchantment Land Certified Development Company | 23 | $15.4M | |
| Wells Fargo Bank | 44 | $14.2M | |
| BMO Bank | 14 | $10.8M | |
| Capital Certified Development Corporation | 21 | $10.1M | |
| Western Commerce Bank | 26 | $8.6M | |
| U.S. Bank | 29 | $6.9M | |
| First American Bank | 14 | $6.8M |
Detail
Which industries inside the sector
All SBA lending in New Mexico
4,858 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in New Mexico?
- 359 SBA loans totalling $184,931,400 have been approved for retail trade projects in New Mexico since FY2010.
- Which lenders finance retail in New Mexico?
- The most active by dollars approved are Live Oak Banking Company, Enchantment Land Certified Development Company, Wells Fargo Bank, BMO Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in New Mexico?
- The median approval is $230,000, 8% below the national median for this sector ($250,000).
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