Feasibility Study Data for the Albuquerque, NM Metro Area

Albuquerque: what the record shows

SBA approved 1,299 loans in Albuquerque from FY2017 to FY2026, $784.0 million in gross dollars. Its loan-count rank is 78 of 928; Albuquerque is one of those areas. Albuquerque loans center on $313,600, the median. For Albuquerque, the middle half lies at $101,800 to $697,250. Albuquerque: 1.51x of the national median. Albuquerque splits into 1,135 loans under 7(a) and 164 under 504. 14.6% of the loans in Albuquerque carry a franchise brand. Albuquerque dollars add to $784.0 million.

Albuquerque: asset mix and geography

Albuquerque class leaders by loans: hotel and motel (42), limited-service restaurant (42), and full-service restaurant (37). Next in Albuquerque comes automotive mechanical repair at 35 loans. The Albuquerque record also holds 893 loans in no tracked class. SBA assigns Albuquerque loans mostly to Bernalillo County, NM (1,104), Sandoval County, NM (137), and Valencia County, NM (43). Torrance County, NM is the smallest listed Albuquerque county, with 15 loans, so the area is uneven.

Albuquerque: who holds the loans

In Albuquerque, a holder can differ from the maker. Albuquerque lists, for 7(a), U.S. Bank, National Association with 127 loans ($24.9 million), Wells Fargo Bank National Association with 99 loans ($28.7 million), and Western Commerce Bank with 87 loans ($40.5 million). Albuquerque 504 holders include Capital Certified Development Corporation (92 loans, $66.9 million), Enchantment Land Certified Development Company (55 loans, $46.0 million), and B:Side Capital (9 loans, $6.5 million). A Albuquerque borrower reads these rows as context. Albuquerque rows promise no one a loan.

Albuquerque: floors, and what is withheld

12.1% is the Albuquerque cancellation floor for FY2017 to FY2024 approvals. Treating undisbursed Albuquerque loans as cancelled gives 13.2%, the ceiling. 589 Albuquerque loans make the FY2017 to FY2021 cohort; 5.4% are charged off, a floor. The Albuquerque five-year figure is 3.4%. Albuquerque rates are floors. Loans season, and Albuquerque events can still raise them. Albuquerque is built from county names. The July 2023 delineation defines Albuquerque. A county without a match leaves Albuquerque. Albuquerque totals count loans outside the tracked classes.

Albuquerque: testing a project

Albuquerque volume ranged from 102 loans in FY2022 to 159 in FY2021, the latter for $135.3 million. FY2017 opened the Albuquerque series with 151 loans ($65.0 million). FY2026 closes the Albuquerque series at 110 loans, $55.0 million. A Albuquerque study weighs local demand against Bernalillo County, NM competitors, not national patterns. Albuquerque costs sit beside a $313,600 median. Albuquerque stands at 1.51x nationally. Coverage for Albuquerque is run on weaker income. Albuquerque floors shape that downside. Albuquerque appraisal evidence comes from area sales. Albuquerque income evidence sits beside it. Sources and uses in Albuquerque must tie to bids near Bernalillo County, NM. Beside Bernalillo County, NM findings, the Albuquerque study lists what it could not test.