70 SBA loans worth $32.9M went to businesses in Carlsbad, NM between October 2021 and June 2026, from 16 lenders. Western Commerce Bank made the most, 51 loans. The median loan was $279,000, compared with $250,000 across New Mexico, and mining and oil and gas was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Western Commerce Bank Bank · Carlsbad, NM | 51 | $20.2M | $255,000 | 63% |
| 2 | Gulf Coast Bank and Trust Bank · New Orleans, LA | 2 | $1.6M | $800,000 | 100% |
| 3 | First American Bank Bank · Artesia, NM | 2 | $875K | $437,550 | 50% |
| 4 | Live Oak Banking Bank · Wilmington, NC | 2 | $350K | $175,000 | 0% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $79K | $39,400 | 0% |
| 6 | VelocitySBA Non-bank lender · Irving, TX | 1 | $3.5M | $3,515,000 | 0% |
| 7 | US Eagle FCU Credit union · Albuquerque, NM | 1 | $1.6M | $1,620,000 | 100% |
| 8 | Peoples Bank Bank · Mendenhall, MS | 1 | $1.2M | $1,193,000 | 0% |
| 9 | Open Bank Bank · Los Angeles, CA | 1 | $800K | $800,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 1 | $625K | $625,000 | 0% |
| 11 | Caprock Business Finance Corporation Certified development company · Lubbock, TX | 1 | $587K | $587,000 | 100% |
| 12 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $500K | $500,000 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 1 | $350K | $350,000 | 0% |
| 14 | James Polk Stone Community Bank Bank · Portales, NM | 1 | $307K | $306,900 | 0% |
| 15 | First National Bank of McGregor d/b/a TFNB Your Bank for Life Bank · Mc Gregor, TX | 1 | $202K | $201,600 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Mining and oil and gas | 12 | $332,600 | Western Commerce Bank | |
| Construction | 9 | $292,300 | Western Commerce Bank | |
| Restaurants and hotels | 9 | $235,000 | Western Commerce Bank | |
| Manufacturing | 9 | $425,000 | Western Commerce Bank | |
| Health care and social assistance | 8 | $117,000 | Western Commerce Bank | |
| Other services (repair, personal care) | 6 | $182,000 | Western Commerce Bank | |
| Retail | 5 | $200,000 | Western Commerce Bank | |
| Transportation and warehousing | 4 | $955,500 | Gulf Coast Bank and Trust |