SBA Loans for Boat Dealers in New Mexico: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in New Mexico. Based on historical SBA 7(a) lending data.

Total Approvals

3

in New Mexico

Median Loan Size

$960,000

per approval

Recent Activity

0

last 90 days through Feb 2022

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $960,000.

Key trends & insights

  • Boat Dealers in New Mexico lending is concentrated — Live OAK Banking Company, First Savings Bank, Harvest Small Business Finance, LLC together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Live OAK Banking Company leads this industry with 1 approvals (33% market share) and a median loan of $2,450,000.
  • Boat Dealers in New Mexico loans run larger than the SBA average — a $960,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
  • SBA data for this industry goes through 2022-02-08 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in New Mexico

#LenderApprovalsMedian Size
11$2,450,000
21$120,000
31$960,000

Recent SBA 7(a) approvals for Boat Dealers in New Mexico

MonthLenderBorrowerAmount
2025-04Bank of America, National AssociationDou*****nc.$260,000
2025-02Live Oak Banking CompanyCan*****LLC$200,000
2023-08Live Oak Banking CompanyBur*****LLC$5,000,000
2022-02First Savings BankWes*****ire$120,000
2021-02Harvest Small Business Finance, LLC313*****LLC$960,000
2019-12Live Oak Banking CompanyCan*****LLC$2,450,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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