Top SBA Lenders in New Mexico for Accommodation & Food Services
4 SBA 7(a) lenders active in New Mexico's accommodation & food services sector.
Lenders
15 loans
Total Volume
Median Rate
State avg: Prime + 2.07%
Default Rate
State avg: 1.3%
Top Accommodation & Food Services Lenders in New Mexico
Loans
3
Rate
P+0.75%
0.0%
Small Business Administration (SBA) data only — profile coming soon
Rate Distribution (Accommodation & Food Services in New Mexico)
All Accommodation & Food Services Lenders in New Mexico
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | Wells Fargo Bank | 5 | $6.5M | P+0.00% | 3.7% |
| 2 | Bank of America, National Association | 4 | $720K | P+0.00% | 0.0% |
| 3 | Capital Certified Development Corporation | 3 | $877K | P+0.75% | 0.0% |
| 4 | US Metro Bank | 3 | $10.3M | P+1.25% | 0.0% |
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4 SBA 7(a) lenders are active in New Mexico's accommodation & food services sector, having originated 15 loans totaling $18.4M. The median rate for accommodation & food services acquisitions in New Mexico is Prime + 1.00%, compared to the statewide median of Prime + 2.07%.
The 10-year cumulative default rate for this niche is 3.7%, which is above the state average of 1.3%.
Frequently Asked Questions
How many SBA lenders specialize in accommodation & food services in New Mexico?
4 SBA 7(a) lenders have originated accommodation & food services acquisition loans in New Mexico, with a combined 15 loans.
What rate can I expect for a accommodation & food services acquisition in New Mexico?
The median rate is Prime + 1.00% (Prime + spread). This compares to a statewide median of Prime + 2.07%. Actual rates depend on loan size, borrower qualifications, and collateral.
What is the default rate for accommodation & food services SBA loans in New Mexico?
The 10-year cumulative default rate is 3.7%, compared to a statewide average of 1.3%.
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected state and industry. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.
Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.