First New Mexico Bank Las Cruces: SBA loans in this registry
5companies
5loans
$8.4Mtotal approved
$1.7Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Las Cruces, NM
- FDIC certificate number
- 58745
- Total assets
- $171.9 million (as of June 30, 2026)
- Established
- 2008
- Offices
- 3
- Website
- www.firstnewmexicobanklc.com
- Acquisition loans (7(a))
- 1 loan, $952K total, $952K average
- Expansion loans (504, SBA portion)
- 4 loans, $7.5M total, $1.9M average
- Approval dates
- Mar 1, 2024 to Sep 15, 2026
- Typical term (median)
- acquisition loans: 16 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 10% to 10%, median 10.00%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Hotels (except Casino Hotels) and Motels: 2 loans
- Car Washes: 1 loan
- Water and Sewer Line and Related Structures Construction: 1 loan
- Farm and Garden Machinery and Equipment Merchant Wholesalers: 1 loan
Top states
- New Mexico: 3 loans
- Arizona: 1 loan
- Texas: 1 loan
Largest deals
- Fifty First LLC, Phoenix, AZ: $2,726,000 (504 SBA portion, Sep 15, 2026)
- Omkara Hospitality LLC, Socorro, NM: $2,347,000 (504 SBA portion, May 15, 2025)
- Goodman Ag Supply, Inc., El Paso, TX: $1,284,000 (504 SBA portion, Mar 1, 2024)
- Cani Properties LLC, Deming, NM: $1,127,000 (504 SBA portion, Sep 3, 2025)
- Stamper Drilling & Pump Service, LLC, Las Cruces, NM: $952,000 (7(a) acquisition, Nov 12, 2024)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Fifty First LLC | Phoenix, AZ | Hotels (except Casino Hotels) and Motels | Expansion | Sep 15, 2026 | $2.7M |
| Cani Properties LLC | Deming, NM | Car Washes | Expansion | Sep 3, 2025 | $1.1M |
| Omkara Hospitality LLC | Socorro, NM | Hotels (except Casino Hotels) and Motels | Expansion | May 15, 2025 | $2.3M |
| Stamper Drilling & Pump Service, LLC | Las Cruces, NM | Water and Sewer Line and Related Structures Construction | Acquisition | Nov 12, 2024 | $952K |
| Goodman Ag Supply, Inc. | El Paso, TX | Farm and Garden Machinery and Equipment Merchant Wholesalers | Expansion | Mar 1, 2024 | $1.3M |