Home → New Mexico → First American Bank

First American Bank

ARTESIA, NM 88210

⭐ SBA Preferred Lender
32
Loans Approved
$14.4M
Total Volume
$450K
Avg Loan Size
2
States Served

States Served

New MexicoTexas

Top Industries Financed

  • Support Activities for Oil and Gas Operations
  • Flooring Contractors
  • All Other Amusement and Recreation Industries
  • Snack and Nonalcoholic Beverage Bars
  • Pharmacies and Drug Stores

About First American Bank

First American Bank is an SBA-approved lender headquartered in ARTESIA, New Mexico. Since 2020, they have approved 32 SBA 7(a) loans totaling $14.4M, with an average loan size of $450K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.

Ready to Apply for an SBA Loan?

Check if you qualify in minutes — no impact to your credit score.

Check My Eligibility at SmartBiz →Browse New Mexico Lenders

SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days