SBA Loans for Data Processing in New Mexico: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in New Mexico. Based on historical SBA 7(a) lending data.
Total Approvals
1
in New Mexico
Median Loan Size
$800,000
per approval
Recent Activity
0
last 90 days through Jul 2024
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $800,000.
Key trends & insights
- Data Processing in New Mexico loans run larger than the SBA average — a $800,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-07-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Data Processing in New Mexico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $800,000 |
Recent SBA 7(a) approvals for Data Processing in New Mexico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-07 | Newtek Bank, National Association | Tea*****ies | Albuquerque, NM | $800,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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