SBA Loans in Socorro, NM

Explore recent SBA 7(a) and 504 lending activity in Socorro. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

all programs

Approved $

$16.0M

last 24 months

Avg loan

$348K

median $245K

Active lenders

approved here

Jobs supported

246

cumulative

Loan activity map

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SOCORRO · 46 LOANS

Top lenders in Socorro

Wells Fargo Bank National Association

Bank of America, National Association

Enchantment Land Certified Development Company

PNC Bank, National Association

Bank of Hope

First American Bank

Top industries in Socorro

Hotels (except Casino Hotels) and Motels

"Offices of Physical, Occupational and Speech Therapists, and Audiologists"

Video Tape and Disc Rental

Limited-Service Restaurants

Offices of Dentists

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Loan records · Socorro, NM

46 records

Sort:

Borrower

Location

Program

Industry

Holiday Inn Express Mortgage Capital Development Corporation

Socorro, NM

87801

$2,446,000

$349K

504

Hotels (except Casino Hotels) and Motels

2026-03-18

OMKARA HOSPITALITY LLC Mortgage Capital Development Corporation

Socorro, NM

87801

$2,347,000

$112K

504

Hotels (except Casino Hotels) and Motels

2025-05-15

Monette Ford Inc Bank of the Southwest

Socorro, NM

87801

$1,500,000

$39K

7(a)

Automobile and Other Motor Vehicle Merchant Wholesalers

2009-10-02

1009 Socorro OHM LLC PromiseOne Bank

Socorro, NM

87801

$1,320,000

$165K

7(a)

Hotels (except Casino Hotels) and Motels

2019-11-20

Amruthbhai Balubhai Patel and Harigangaben Amrutbhai Patel Bank of Hope

Socorro, NM

87801

$1,150,000

$41K

7(a)

Hotels (except Casino Hotels) and Motels

2007-11-16

Socorro Physical Therapy Inc Titan Bank, National Association

Socorro, NM

87801

$1,040,000

—

7(a)

"Offices of Physical, Occupational and Speech Therapists, and Audiologists"

2013-03-12

BEST WESTERN GOLDEN MANOR Zions Bank, A Division of

Socorro, NM

87801

$720,000

—

7(a)

—

1996-10-28

BEST WESTERN HOTEL & SUITES Enchantment Land Certified Development Company

Socorro, NM

87801

$624,000

$14K

504

Hotels (except Casino Hotels) and Motels

2007-06-19

Alliance Abstract and Title L.L.C.First American Bank

Socorro, NM

87801

$597,500

$60K

7(a)

Title Abstract and Settlement Offices

2022-01-13

San Miguel Inn Bank of Hope

Socorro, NM

87801

$530,000

$177K

7(a)

Hotels (except Casino Hotels) and Motels

2007-06-01

MONETTE FORD, INC.First State Bank

Socorro, NM

87801

$450,000

—

7(a)

New Car Dealers

1990-11-21

Vintage Motor Inns LLC Western Commerce Bank

Socorro, NM

87801

$350,000

$32K

7(a)

Hotels (except Casino Hotels) and Motels

2020-07-15

Socorro Physical Therapy Inc Wells Fargo Bank National Association

Socorro, NM

87801

$317,000

$45K

7(a)

"Offices of Physical, Occupational and Speech Therapists, and Audiologists"

2010-02-19

Eddyline Brewing, LLC Enchantment Land Certified Development Company

Socorro, NM

87801

$262,000

$44K

504

Full-Service Restaurants

2006-01-18

GINGER BRATZEL, DDS U.S. Bank, National Association

Socorro, NM

87801

$259,000

—

7(a)

Offices of Dentists

1999-05-10

ROSA'S VIDEO PALACE United Business Bank

Socorro, NM

87801

$230,000

—

7(a)

Video Tape and Disc Rental

1995-09-21

J & C CARWASH, INC.Enchantment Land Certified Development Company

Socorro, NM

87801

$178,000

$59K

504

Car Washes

1996-05-22

Alliance Abstract and Title L.L.C.First American Bank

Socorro, NM

87801

$149,500

$17K

7(a)

Other Activities Related to Real Estate

2018-07-10

BAUM AGENCY PNC Bank, National Association

Socorro, NM

87801

$122,000

—

7(a)

—

1996-08-05

BEERS, DUANE H., DMD, PC Wells Fargo Bank National Association

Socorro, NM

87801

$120,000

—

7(a)

Offices of Dentists

1993-02-10

SPOKE N' WORD CYCLES LLC Wells Fargo Bank National Association

Socorro, NM

87801

$114,000

$57K

7(a)

All Other Miscellaneous Store Retailers (except Tobacco Stores)

2003-07-03

ADVANTAGE RENTAL CENTER Wells Fargo Bank National Association

Socorro, NM

87801

$100,000

—

7(a)

—

1991-01-04

SUBWAY OF SOCORRO, INC.Wells Fargo Bank National Association

Socorro, NM

87801

$100,000

—

7(a)

—

1995-08-23

SOCORRO VETERINARY CLINIC Wells Fargo Bank National Association

Socorro, NM

87801

$95,000

—

7(a)

Veterinary Services

1992-07-28

SOCORRO COFFEE COMPANY LLC Enchantment Land Certified Development Company

Socorro, NM

87801

$94,000

$31K

504

Limited-Service Restaurants

2005-09-02

Mortgage Capital Development Corporation$349K/job · 2026-03-18

OMKARA HOSPITALITY LLC

Socorro, NM · 87801

$2,347,000

504

Mortgage Capital Development Corporation$112K/job · 2025-05-15

Bank of the Southwest$39K/job · 2009-10-02

PromiseOne Bank$165K/job · 2019-11-20

Amruthbhai Balubhai Patel and Harigangaben Amrutbhai Patel

Socorro, NM · 87801

$1,150,000

7(a)

Bank of Hope$41K/job · 2007-11-16

Socorro Physical Therapy Inc

Socorro, NM · 87801

$1,040,000

7(a)

Titan Bank, National Association2013-03-12

BEST WESTERN GOLDEN MANOR

Socorro, NM · 87801

$720,000

7(a)

Zions Bank, A Division of1996-10-28

BEST WESTERN HOTEL & SUITES

Socorro, NM · 87801

$624,000

504

Enchantment Land Certified Development Company$14K/job · 2007-06-19

Alliance Abstract and Title L.L.C.

Socorro, NM · 87801

$597,500

7(a)

First American Bank$60K/job · 2022-01-13

Bank of Hope$177K/job · 2007-06-01

First State Bank1990-11-21

Vintage Motor Inns LLC

Socorro, NM · 87801

$350,000

7(a)

Western Commerce Bank$32K/job · 2020-07-15

Socorro Physical Therapy Inc

Socorro, NM · 87801

$317,000

7(a)

Wells Fargo Bank National Association$45K/job · 2010-02-19

Eddyline Brewing, LLC

Socorro, NM · 87801

$262,000

504

Enchantment Land Certified Development Company$44K/job · 2006-01-18

U.S. Bank, National Association1999-05-10

United Business Bank1995-09-21

Enchantment Land Certified Development Company$59K/job · 1996-05-22

Alliance Abstract and Title L.L.C.

Socorro, NM · 87801

$149,500

7(a)

First American Bank$17K/job · 2018-07-10

PNC Bank, National Association1996-08-05

BEERS, DUANE H., DMD, PC

Socorro, NM · 87801

$120,000

7(a)

Wells Fargo Bank National Association1993-02-10

SPOKE N' WORD CYCLES LLC

Socorro, NM · 87801

$114,000

7(a)

Wells Fargo Bank National Association$57K/job · 2003-07-03

ADVANTAGE RENTAL CENTER

Socorro, NM · 87801

$100,000

7(a)

Wells Fargo Bank National Association1991-01-04

SUBWAY OF SOCORRO, INC.

Socorro, NM · 87801

$100,000

7(a)

Wells Fargo Bank National Association1995-08-23

SOCORRO VETERINARY CLINIC

Socorro, NM · 87801

$95,000

7(a)

Wells Fargo Bank National Association1992-07-28

SOCORRO COFFEE COMPANY LLC

Socorro, NM · 87801

$94,000

504

Enchantment Land Certified Development Company$31K/job · 2005-09-02

1–25 of 46

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