SBA Loans for Construction in New Mexico
Since fiscal year 2021, at least 44 lenders made 174 SBA loans to Construction businesses in New Mexico. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in New Mexico
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association Cincinnati, OH | 31 | $108,901 | 29% | 7(a), Express |
| 2 | Western Commerce Bank Carlsbad, NM | 15 | $510,465 | 59% | 7(a), Express |
| 3 | Wells Fargo Bank National Association Sioux Falls, SD | 12 | $214,797 | 82% | 7(a), Express |
| 4 | First Savings Bank Beresford, SD | 10 | $194,696 | 50% | 7(a), Express |
| 5 | The Huntington National Bank Columbus, OH | 7 | $383,523 | 58% | 7(a), Express |
| 6 | Northeast Bank Lewiston, ME | 7 | $131,688 | 12% | 7(a) |
| 7 | Readycap Lending, LLC Berkeley Heights, NJ | 7 | $495,841 | 18% | 7(a) |
| 8 | BayFirst National Bank Saint Petersburg, FL | 6 | $148,730 | 0% | 7(a) |
| 9 | DreamSpring Albuquerque, NM | 5 | $164,462 | 67% | 7(a) |
| 10 | UMB Bank, National Association Kansas City, MO | 5 | $401,346 | 15% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in New Mexico
- Restaurants & Lodging212 loans
- Retail Stores172 loans
- Health Care146 loans
- Personal Services & Repair141 loans
- Professional Services117 loans
- Manufacturing101 loans
- Trucking & Transportation64 loans
- Wholesale & Distribution58 loans
← All SBA lenders in New Mexico
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in New Mexico?
Based on public SBA data, the most active were U.S. Bank, National Association, Western Commerce Bank, Wells Fargo Bank National Association.
How many SBA loans did Construction businesses get in New Mexico?
174 SBA loans since fiscal year 2021, from at least 44 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.