SBA Loans for Hotels (except Casino Hotels) and Motels in New Mexico: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in New Mexico. Based on historical SBA 7(a) lending data.
Total Approvals
20
in New Mexico
Median Loan Size
$1,360,400
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 20 approvals on record and a median loan size of $1,360,400.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in New Mexico lending is concentrated — Western Commerce Bank, First Savings Bank, Open Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Western Commerce Bank leads this industry with 6 approvals (30% market share) and a median loan of $1,210,400.
- Hotels (except Casino Hotels) and Motels in New Mexico loans run larger than the SBA average — a $1,360,400 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in New Mexico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $1,210,400 | |
| 2 | 3 | $250,000 | |
| 3 | 3 | $800,000 | |
| 4 | 1 | $1,400,000 | |
| 5 | 1 | $300,000 | |
| 6 | 1 | $5,000,000 | |
| 7 | 1 | $1,720,100 | |
| 8 | 1 | $3,995,000 | |
| 9 | 1 | $1,917,000 | |
| 10 | 1 | $2,325,000 | |
| 11 | 1 | $5,000,000 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in New Mexico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | US Metro Bank | SUR***** NM | ALAMOGORDO, NM | $4,160,000 |
| 2025-08 | GBank | MnM*****LLC | LAS CRUCES, NM | $1,917,000 |
| 2025-05 | Bank of Hope | Mar*****LLC | HOBBS, NM | $3,995,000 |
| 2024-08 | US Metro Bank | Su**r 8 | BELEN, NM | $800,000 |
| 2024-02 | Enterprise Bank & Trust | El *****LLC | Albuquerque, NM | $1,720,100 |
| 2023-07 | Western Commerce Bank | Shr*****LLC | Alamogordo, NM | $720,000 |
| 2023-07 | Shoreham Bank | Rio*****LLC | FARMINGTON, NM | $3,200,000 |
| 2023-06 | Open Bank | DIS*****LLC | SANTA ROSA, NM | $355,000 |
| 2023-02 | Readycap Lending, LLC | DK *****LLC | SANTA FE, NM | $5,000,000 |
| 2022-12 | Peoples Bank | Niy*****LLC | Taos, NM | $5,000,000 |
| 2022-07 | Western Commerce Bank | SHR*****LLC | Alamogordo, NM | $2,345,900 |
| 2022-07 | Western Commerce Bank | SHR*****LLC | Alamogordo, NM | $2,345,900 |
| 2022-06 | Millennium Bank | Aka*****LLC | Hobbs, NM | $5,000,000 |
| 2022-05 | First Savings Bank | Sev*****LLC | CLOUDCROFT, NM | $189,000 |
| 2022-05 | First Savings Bank | RIO*****LLC | Williamsburg, NM | $315,000 |
| 2022-05 | Western Commerce Bank | SRJ*****LLC | Santa Rosa, NM | $140,000 |
| 2022-04 | Open Bank | KDO*****LLC | CARLSBAD, NM | $800,000 |
| 2022-03 | Shoreham Bank | OM1*****nc. | ALBUQUERQUE, NM | $2,325,000 |
| 2022-02 | First National Bank | Thr*****LLC | Ruidoso, NM | $1,000,000 |
| 2022-01 | Western Commerce Bank | Big*****LLC | Las Cruces, NM | $1,100,000 |
| 2021-08 | Western Commerce Bank | OM *****Inc | Gallup, NM | $1,320,800 |
| 2021-08 | First Savings Bank | Che*****vis | RUIDOSO, NM | $250,000 |
| 2021-06 | Open Bank | Sha*****LLC | RED RIVER, NM | $1,800,000 |
| 2021-06 | American Pride Bank | TR *****LLC | ALBUQUERQUE, NM | $1,400,000 |
| 2020-05 | Western Commerce Bank | Cla*****LLC | Clayton, NM | $175,000 |
| 2019-12 | First General Bank | AVK*****LLC | HOBBS, NM | $1,440,000 |
| 2019-11 | Poppy Bank | San*****tel | GRANTS, NM | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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