SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW MEXICO
SVN franchise in New Mexico: what the public record shows
Franchisees of SVN in New Mexico have taken 11 SBA loans since 1991 (average $475,700)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of — is the better guide.
Loans in NM
11
Resolved
0
Local charge-off
thin
National charge-off
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NM. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
738
statewide, all operators
Per 100k residents
34.6
national 47.9
Versus the country
-28%
thinner
Every business in SVN's industry operating in New Mexico — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$1,281
New Mexico, BLS QCEW 2025
National average
$1,785
same industry, all states
Versus the country
-28%
cheaper to staff
What SVN's industry actually pays workers in New Mexico, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing SVN's numbers, including talking you out of a bad deal.