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SBA Loans in Hobbs, NM

Explore recent SBA 7(a) and 504 lending activity in Hobbs. 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
553
all programs
Approved $
$157.9M
last 24 months
Avg loan
$286K
median $245K
Active lenders
40
approved here
Jobs supported
4,009
cumulative

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HOBBS · 553 LOANS

Top lenders in Hobbs

Western Commerce Bank
238
Lea County State Bank
120
Wells Fargo Bank National Association
61
First American Bank
47
Bank of America, National Association
19
Enchantment Land Certified Development Company
18

Top industries in Hobbs

Support Activities for Oil and Gas Operations
122
Hotels (except Casino Hotels) and Motels
20
Electrical Contractors
16
General Automotive Repair
12
Full-Service Restaurants
10
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Loan records · Hobbs, NM
Showing largest 500 of 553 records
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Akal Hotels LLC
Hobbs, NM · 88240
$5,000,000
7(a)
Millennium Bank$500K/job · 2022-06-30
Balwantrai Hirabhai Patel
Hobbs, NM · 88240
$4,711,000
7(a)
Bank of Hope$262K/job · 2013-01-04
ABC Rental Tool Company
Hobbs, NM · 88241
$4,500,000
7(a)
Western Commerce Bank$102K/job · 2014-08-22
Wolfcamp Lodge I LLC
Hobbs, NM · 88240
$4,200,000
7(a)
Peoples Bank$247K/job · 2021-09-15
JAY HOSPITALITY GROUP LLC
Hobbs, NM · 88240
$4,131,000
7(a)
Poppy Bank$138K/job · 2018-11-06
Joe's Roustabout & Well Servicing Ltd. Co.
Hobbs, NM · 88240
$4,000,000
7(a)
First American Bank$143K/job · 2011-09-08
Maruti Hospitality LLC
Hobbs, NM · 88242
$3,995,000
7(a)
Bank of Hope$250K/job · 2025-05-27
Jacet Ops LLC
Hobbs, NM · 88240
$3,100,000
7(a)
Live Oak Banking Company$155K/job · 2025-07-11
GRIT Energy Services Inc.
Hobbs, NM · 88240
$2,600,000
7(a)
Byline Bank$47K/job · 2019-05-22
Pravinbhai R. Lad
Hobbs, NM · 88240
$2,060,000
7(a)
Commonwealth Business Bank$137K/job · 2012-12-20
ASHLEY FURNITURE HOMESTORE
Hobbs, NM · 88240
$2,000,000
504
Enchantment Land Certified Development Company$2.0M/job · 2007-11-20
Double J Animal Hospital, LLC
Hobbs, NM · 88240
$1,956,000
7(a)
First-Citizens Bank & Trust Company$326K/job · 2007-07-18
KANSP, LLC
Hobbs, NM · 88240
$1,720,000
7(a)
Western Commerce Bank$191K/job · 2024-09-03
K&S Electric Co.
Hobbs, NM · 88240
$1,679,700
7(a)
Wells Fargo Bank National Association$25K/job · 2010-07-08
Scarbrough Enterprises Inc.
Hobbs, NM · 88240
$1,505,000
7(a)
Western Commerce Bank$215K/job · 2019-11-14
Double RD Enterprises, LLC
Hobbs, NM · 88240
$1,500,000
7(a)
Gulf Coast Bank and Trust Company$375K/job · 2010-05-25
REECO WELL SERVICES INC
Hobbs, NM · 88240
$1,472,104
7(a)
Lea County State Bank2002-05-24
Haller-Phillips, Inc.
Hobbs, NM · 88240
$1,445,900
7(a)
First American Bank$50K/job · 2011-05-26
AVKD Hospitality LLC
Hobbs, NM · 88240
$1,440,000
7(a)
First General Bank$180K/job · 2019-12-16
E-Frac C02 Separation Systems, LLC
Hobbs, NM · 88240
$1,385,000
7(a)
Lea County State Bank$277K/job · 2011-12-16
Hungry Horse LLC
Hobbs, NM · 88241
$1,350,000
7(a)
Lea County State Bank$23K/job · 2010-08-11
COMFORT INN - HOBBS
Hobbs, NM · 88240
$1,330,000
7(a)
Business Loan Center, LLC2001-12-03
Karishma Roshni LLC
Hobbs, NM · 88240
$1,320,000
7(a)
Bank of Hope$330K/job · 2014-08-28
MNV Hospitality Inc.
Hobbs, NM · 88240
$1,251,000
504
Capital Certified Development Corporation$104K/job · 2007-06-12
BC&D Operating, Inc.
Hobbs, NM · 88241
$1,250,000
7(a)
Western Commerce Bank$313K/job · 2018-01-12
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