# First Savings Bank SBA loans in New Mexico

**Short answer:** SBA's loan file shows First Savings Bank made 53 SBA loans in New Mexico since October 2019. 94.3% went through SBA Express, against 74.8% of its loans nationally. The lender made 3.7% of New Mexico's SBA loans, against 0.03% of loans nationwide.

Canonical page: https://www.sbaexpress.loans/sba-express-lenders/first-savings-bank/new-mexico/
Data as of: 2026-06-30

This site is not First Savings Bank

sbaexpress.loans is not First Savings Bank, and First Savings Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from First Savings Bank.

These are the 53 SBA 7(a) loans [First Savings Bank](https://www.sbaexpress.loans/sba-express-lenders/first-savings-bank/) made in [New Mexico](https://www.sbaexpress.loans/new-mexico-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other.

## How First Savings Bank differs in New Mexico

**What this means for you.** SBA Express was a more common route for these loans here, so ask First Savings Bank about it if your loan is small enough to qualify.

### SBA Express

94.3% of the loans in New Mexico went through SBA Express, against 74.8% of its loans nationally.

SBA Express, share of loans, Oct 2019 to Jun 2026

- New Mexico: 94.3%
- All its U.S. loans: 74.8%

### Share of the state's loans

First Savings Bank made 3.7% of the SBA loans approved in New Mexico since October 2019, against 0.03% of loans nationwide. Its share here is 120.4 times its national share.

Share of all SBA loans, Oct 2019 to Jun 2026

- New Mexico: 3.7%
- All its U.S. loans: 0.03%

We compared 7 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure.

## New Mexico next to the U.S.

**New Mexico compared with all of First Savings Bank's U.S. loans, October 2019 to June 2026**

| Measure | New Mexico | All its U.S. loans | Reading |
| --- | --- | --- | --- |
| Lender's share of all SBA loans | 3.7% | 0.03% | Clearly higher |
| Median loan | $150,000 | $200,000 | No clear gap |
| Middle half of loans | $55,000 to $250,000 | $100,000 to $350,000 | – |
| Startups (the loan opens the business) | 17.0% | 21.4% | No clear gap |
| In business 2 years or less | 24.5% | 14.6% | No clear gap |
| In business more than 2 years | 52.8% | 56.3% | No clear gap |
| Change of ownership | Fewer than 5 | 6.8% | n/a |
| SBA Express | 94.3% | 74.8% | Clearly higher |
| Lines of credit | 11.3% | 18.4% | No clear gap |
| Median term | 10 years | 8.4 years | – |
| Median spread over Prime at approval | 0.88 points over Prime | 1 point over Prime | – |

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

## What First Savings Bank lends to in New Mexico

No single industry reached 5 loans from October 2019 to June 2026, so we do not rank industries here.

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. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)