First American Bank approved 20 SBA loans worth $10.7M between October 2021 and June 2026, ranking #899 of 2,283 SBA lenders nationally by loan count. Its median loan was $423,800, and 30% went to startups or businesses under two years old. It lent in 2 states, most often in New Mexico, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New Mexico | 15 | $6.7M | $296,100 | #22 |
| Texas | 5 | $4.1M | $500,000 | #260 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 5 | $397,600 | |
| Health care and social assistance | 4 | $138,000 | |
| Restaurants and hotels | 3 | $296,100 | |
| Mining and oil and gas | 3 | $1,000,000 | |
| Professional and technical services | 2 | $398,750 | |
| Education | 1 | $186,100 | |
| Construction | 1 | $500,000 | |
| Real estate and rental | 1 | $491,500 |