Financing a engineering services acquisition in New Mexico

State:

The SBA 7(a) lenders funding the most engineering services acquisitions in New Mexico, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance engineering services in New Mexico

$1.19M

Typical loan

range $500K–$1.87M

$1.32M

Est. purchase price

≈ loan ÷ 90%

$180,548

Cash to close

$131,667 down + fees

$15,334/mo

Typical payment

~9.5% · 10yr

$211,609/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

12 days

Typical time to fund

Lenders competing

more = leverage

8.6%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in engineering services · New Mexico

Ranked by funded engineering services acquisitions in New Mexico. Tap a lender for its full record, or hit Get in touch for an introduction.

1.17 loans · $29M · Tappahannock, VAFull record →
2.75 loans · $98M · Sioux Falls, SDFull record →
3.1 loans · $0M · St. Louis, MOFull record →

5+ funded Engineering Services in New Mexico deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Kragon Space, Inc. in Albuquerque, NM — $2.3M (2025) · purchase · Primis Bank
Program
7a General
Rate at approval
10.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
12 days
Approved
3/26/2025
First disbursed
4/7/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$2.6M
Est. down payment (10%)
$260K
Est. cash at closing
$358K
Monthly payment
$31,545
Annual debt service
$379K
Cash flow needed (1.25×)
$473K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Primis Bank · Lender record →
Your business? Claim this record · Request removal
Kragon Space, Inc. in Albuquerque, NM — $500K (2025) · purchase · Primis Bank
Program
7a General
Rate at approval
10.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$375K (75%)
Approval → funding
12 days
Approved
3/26/2025
First disbursed
4/7/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$556K
Est. down payment (10%)
$56K
Est. cash at closing
$74K
Monthly payment
$6,747
Annual debt service
$81K
Cash flow needed (1.25×)
$101K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Primis Bank · Lender record →
Your business? Claim this record · Request removal
R4SFUnit1 LLC in Santa Fe, NM — $499K (2023) · purchase · The Bancorp Bank National Association
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$374K (75%)
Approval → funding
11 days
Approved
4/20/2023
First disbursed
5/1/2023
Loan status
Paid in full (9/30/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$554K
Est. down payment (10%)
$55K
Est. cash at closing
$74K
Monthly payment
$6,389
Annual debt service
$77K
Cash flow needed (1.25×)
$96K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Bancorp Bank National Association · Lender record →
Your business? Claim this record · Request removal
BSN Santa Fe Enterprises Inc in Santa Fe, NM — $1.9M (2020) · purchase · The Bancorp Bank National Association
Program
Preferred Lenders Program
Rate at approval
5.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
0 days
Approved
9/28/2020
First disbursed
9/28/2020
Loan status
Paid in full (6/30/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$207K
Est. cash at closing
$285K
Monthly payment
$20,253
Annual debt service
$243K
Cash flow needed (1.25×)
$304K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Bancorp Bank National Association · Lender record →
Your business? Claim this record · Request removal
ADS Steel Detailing, LLC in Albuquerque, NM — $1.2M (2020) · purchase · First Bank
Program
Preferred Lenders Program
Rate at approval
7.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$889K (75%)
Approval → funding
30 days
Approved
10/1/2019
First disbursed
10/31/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$132K
Est. cash at closing
$181K
Monthly payment
$13,912
Annual debt service
$167K
Cash flow needed (1.25×)
$209K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank · Lender record →
Your business? Claim this record · Request removal

Financing a engineering services deal in New Mexico? Start with the right lender

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a New Mexico project address.

Agent summary

How to finance a engineering services acquisition in New Mexico with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded New Mexico deals. Primis Bank funds the most here. CapBench is not a lender.

$715K typical loan
3 lenders active in New Mexico
5+ funded New Mexico deals
12 days typical to fund

Buyers buying a engineering services in New Mexico typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All engineering services lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/engineering-services/new-mexico
API:: https://www.capbench.com/api/public/lenders?industry=engineering-services
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.