SBA 7(a) lenders in Sandoval, NM

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

45 institutions have SBA 7(a) loans on record in Sandoval, together $102.6M across 234 loans. Wells Fargo Bank National Association is the largest, with 16% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Wells Fargo Bank National Association	45	$16.5M	16.1%	3.79%
2	BMO Bank National Association	15	$14.5M	14.1%	2.78%
3	PNC Bank, National Association	32	$10.0M	9.7%	0.82%
4	Western Commerce Bank	19	$8.2M	8.0%	1.48%
5	Live Oak Banking Company	5	$5.4M	5.3%	32.77%
6	Hanmi Bank	2	$4.6M	4.5%	44.14%
7	First-Citizens Bank & Trust Company	3	$4.6M	4.5%	0.00%
8	The Huntington National Bank	9	$4.6M	4.5%	0.00%
9	U.S. Bank, National Association	21	$4.0M	3.9%	9.83%
10	US Eagle FCU	2	$3.7M	3.6%	0.00%
11	American Momentum Bank	1	$2.5M	2.4%	0.00%
12	First American Bank	13	$2.5M	2.4%	0.00%
13	Bank Five Nine	1	$2.5M	2.4%	0.00%
14	Central Bank	1	$1.9M	1.9%	0.00%
15	Celtic Bank Corporation	3	$1.8M	1.7%	5.70%
16	United Midwest Savings Bank National Association	5	$1.7M	1.7%	0.00%
17	Readycap Lending, LLC	4	$1.6M	1.6%	0.00%
18	VelocitySBA, LLC	3	$1.1M	1.0%	0.75%
19	Texas Capital Bank	1	$928K	0.9%	0.00%
20	Newtek Small Business Finance, Inc.	2	$815K	0.8%	0.00%
21	Newtek Bank, National Association	4	$775K	0.8%	0.00%
22	State Empl CU	1	$757K	0.7%	0.00%
23	DreamSpring	5	$753K	0.7%	5.14%
24	UMB Bank, National Association	2	$630K	0.6%	0.00%
25	Bank of America, National Association	2	$610K	0.6%	2.25%
26	First Merchants Bank	1	$527K	0.5%	0.00%
27	Citizens Bank	1	$505K	0.5%	0.00%
28	BankUnited, National Association	1	$481K	0.5%	0.00%
29	Stearns Bank National Association	2	$426K	0.4%	0.00%
30	First Bank	1	$405K	0.4%	69.69%
31	BayFirst National Bank	3	$384K	0.4%	0.00%
32	The Bancorp Bank National Association	1	$379K	0.4%	0.00%
33	Capital Certified Development Corporation	1	$350K	0.3%	0.00%
34	Five Star Bank	1	$350K	0.3%	0.00%
35	Century Bank	1	$349K	0.3%	0.00%
36	ConnectOne Bank	1	$317K	0.3%	0.00%
37	BOKF, National Association	2	$237K	0.2%	0.00%
38	Colony Bank	2	$201K	0.2%	0.00%
39	Mountain America FCU	7	$195K	0.2%	33.16%
40	CDC Small Business Finance Corp.	1	$180K	0.2%	0.00%
41	B:Side Capital	1	$150K	0.1%	0.00%
42	Happen Bank	1	$146K	0.1%	0.00%
43	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$140K	0.1%	0.00%
44	Northeast Bank	2	$75K	0.1%	0.00%
45	Bank of Hope	2	$30K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Health care & social assistance	30	$23.3M	22.7%
2	Accommodation & food services	26	$16.4M	16.0%
3	Retail trade	16	$13.5M	13.1%
4	Professional & technical services	30	$9.9M	9.7%
5	Construction	32	$8.7M	8.5%
6	Other services	22	$4.7M	4.5%
7	Real estate & leasing	5	$4.4M	4.3%
8	Manufacturing	6	$4.0M	3.9%
9	Educational services	10	$3.9M	3.8%
10	Arts, entertainment & recreation	6	$3.6M	3.5%
11	Administrative & waste services	16	$3.6M	3.5%
12	Finance & insurance	8	$1.9M	1.9%
13	Wholesale trade	5	$1.7M	1.6%
14	Manufacturing	5	$1.4M	1.3%
15	Retail trade	10	$700K	0.7%
16	Mining & extraction	2	$501K	0.5%
17	Transportation & warehousing	1	$315K	0.3%
18	Agriculture, forestry & fishing	2	$50K	0.0%
19	Manufacturing	1	$10K	0.0%
20	Information	1	$10K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.