Small business loans in Albuquerque, NM
Short answer
The most active SBA lenders in Albuquerque, NM since FY2024 are U.S. Bank (21 loans) and DreamSpring (16). The median loan was $240,900, and half fell between $99,100 and $616,250. For free help, see the New Mexico SBDC Network. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 232
- approved since FY2024
- $124.98M
- median loan
- $240,900
- through SBA Express
- 25.4%
Lenders making SBA loans in Albuquerque
No lender made more than 9% of the loans in Albuquerque, and U.S. Bank made the most. The five largest lenders together made 35%.
| Lender | Loans | Share |
|---|---|---|
| U.S. Bank | 21 | 9.1% |
| DreamSpringNon-bank lender | 16 | 6.9% |
| Live Oak Banking Company | 16 | 6.9% |
| Western Commerce Bank | 15 | 6.5% |
| Newtek Bank | 13 | 5.6% |
Share is the percent of all Albuquerque loans in that period. Each name links to that lender's page for New Mexico where one exists.
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Local help near Albuquerque
Albuquerque borrowers can start with SBA's district office for New Mexico, an SBDC or SCORE.
40% of Albuquerque borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA has one district office for New Mexico. Its page points to state and federal resources and to lenders in the area. The New Mexico SBDC Network gives free counseling across New Mexico.
Loan counts and sizes in Albuquerque
Albuquerque ranks 1st by loans since FY2024 among the 2 New Mexico cities with 100 or more SBA loans since FY2020. Nationally it is the 63rd busiest of the 580 cities that reach 100 loans.
The 232 loans, 35.6% of the 652 in New Mexico, were approved for $125.0 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $240,900, 60% above the national median of $150,300. Half of the loans fell between $99,100 and $616,250. The Albuquerque median is 25% above the New Mexico median of $192,200.
| Measure | Albuquerque | New Mexico | U.S. |
|---|---|---|---|
| Loans | 232 | 652 | 162,355 |
| Median loan | $240,900 | $192,200 | $150,300 |
| 25th percentile | $99,100 | $51,825 | $50,000 |
| 75th percentile | $616,250 | $500,000 | $500,000 |
| Via SBA Express | 25.4% | 31.0% | 35.8% |
| Lines of credit | 19.8% | 21.6% | 28.1% |
| Startups | 18.5% | 15.5% | 16.1% |
| Ownership changes | 13.8% | 11.8% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | 2.8% | 1.7% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
73% of the loans were $500,000 or less, the size SBA Express covers. 25.4% of all loans went through SBA Express, below the national 35.8%. Lines of credit were 19.8% of loans, below the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 45.7% of loans went to businesses more than two years old and 21.6% to businesses two years old or younger. Startups received 18.5% and changes of ownership 13.8%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume rose 9% from FY2024 (92 loans) to FY2025 (100), the two latest full years. The busiest full year in the file was FY2025, with 100 loans. FY2026 already shows 40 loans through June 30.
Of the 214 loans Albuquerque borrowers received in FY2020 to FY2022, 2.8% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. Lenders reported 2,569 jobs supported across the 232 loans since FY2024, about 11.1 per loan. SBA does not audit these estimates.
What businesses in Albuquerque borrow for
Full-Service Restaurants was the largest borrower group in Albuquerque, with 9 loans or 3.9% of the total.
The five largest industries made up 16% of all Albuquerque loans.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Full-Service Restaurants | 9 | 3.9% | 4.6% |
| Fitness and Recreational Sports Centers | 8 | 3.4% | 2.1% |
| Insurance Agencies and Brokerages | 7 | 3.0% | 1.1% |
| Plumbing, Heating, and Air-Conditioning Contractors | 7 | 3.0% | 1.9% |
| All Other Specialty Trade Contractors | 6 | 2.6% | 1.7% |
Share is the percent of all Albuquerque loans in that period. Industry is the NAICS code on each loan. A name links to the New Mexico page for that industry where one exists.
A typical loan payment in Albuquerque
The median Albuquerque loan was $240,900 with a median term of 10 years.
The median variable-rate loan in Albuquerque was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $240,900 over 10 years, principal and interest would come to about $3,150 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $99,100 | $1,296 |
| Median loan | $240,900 | $3,150 |
| 75th percentile loan | $616,250 | $8,059 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $240,900 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Albuquerque loans approved since FY2024 had a median starting rate of 10.5% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $250,000 loan and SBA Express payment calculator.
SBA 504 loans near Albuquerque
Albuquerque has 30 SBA 504 loans since FY2024, with $37.1 million in SBA and CDC dollars.
The median 504 loan in Albuquerque was $778,000 in SBA and CDC dollars, 16% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
Capital Certified Development Corporation is the Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on the most loans since FY2024, with 13. Enchantment Land Certified Development Company follows with 9. The three CDCs listed are named on 29 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Capital Certified Development Corporation | 13 |
| Enchantment Land Certified Development Company | 9 |
| B:Side Capital | 7 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
New Mexico cities near Albuquerque
Albuquerque made up 35.6% of New Mexico's SBA loans since FY2024.
Albuquerque is one of 2 New Mexico cities with 100 or more SBA loans since FY2020. The New Mexico page covers all 652 loans in New Mexico. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Albuquerque
Which lenders make the most SBA loans in Albuquerque?
U.S. Bank leads with 21 loans in Albuquerque since FY2024. DreamSpring (16) and Live Oak Banking Company (16) follow. Only lenders with five or more Albuquerque loans are counted.
Which industries get SBA loans in Albuquerque?
Full-Service Restaurants leads with 9 loans in Albuquerque since FY2024. Fitness and Recreational Sports Centers (8) and Insurance Agencies and Brokerages (7) follow.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA New Mexico District Office (Albuquerque)
- New Mexico SBDC Network
- SCORE, New Mexico
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Albuquerque, NM. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/new-mexico-small-business-loans/albuquerque/
Ask lending partners about a loan in Albuquerque
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.