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Lea County State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Lea County State Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
164
2010 – 2025
Approved $
$38.9M
across all programs
Avg loan size
$237K
median $100K
Top industry
Support Activities for Oil and Gas Operations
29 loans · 18%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
164
Approved
$38.9M
Avg size
$237K
Range
$6K – $1.5M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Support Activities for Oil and Gas Operations
29
"Specialized Freight (except Used Goods) Trucking, Local"
8
Offices of Physicians (except Mental Health Specialists)
4
Car Washes
3
Full-Service Restaurants
3
Other Miscellaneous Nondurable Goods Merchant Wholesalers
3
Loan records · Lea County State Bank
164 records
Sort:
REECO WELL SERVICES INC
Hobbs, NM · 88240
$1,472,104
7(a)
Lea County State Bank2002-05-24
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
NEW-TEX RENTALS, LLC
Lovington, NM · 88260
$1,229,200
7(a)
Lea County State Bank$154K/job · 2014-03-28
NEW-TEX RENTALS, LLC
Lovington, NM · 88260
$1,229,200
7(a)
Lea County State Bank$154K/job · 2014-03-13
CONSOLIDATED RECYCLING INC.
Hobbs, NM · 88240
$1,176,650
7(a)
Lea County State Bank1997-04-10
COBRA INDUSTRIES, INC.
Hobbs, NM · 88241
$1,050,000
7(a)
Lea County State Bank1993-04-09
WALLACH CONCRETE INC
Hobbs, NM · 88240
$979,000
7(a)
Lea County State Bank$17K/job · 2006-10-23
INNKEEPERS OF NEW MEXICO
Hobbs, NM · 88240
$958,700
7(a)
Lea County State Bank1994-08-08
EASYRIDERS OF ALBUQUERQUE
Albuquerque, NM · 87111
$769,000
7(a)
Lea County State Bank1997-09-30
WALLACH CONCRETE INC
Hobbs, NM · 88240
$728,000
7(a)
Lea County State Bank2003-05-28
VALLEY MOVING & STORAGE OF NM
Artesia, NM · 88211
$702,000
7(a)
Lea County State Bank2002-03-22
Buffalo Oilfield Services, LLC
Midland, TX · 79705
$700,000
7(a)
Lea County State Bank$88K/job · 2012-08-14
TWO-STATE EQUIPMENT INC
Hobbs, NM · 88241
$650,000
7(a)
Lea County State Bank2000-02-22
LOVINGTON WAREHOUSE, INC.
Lovington, NM · 88260
$600,000
7(a)
Lea County State Bank1994-08-18
JOHN WEST ENGINEERING CO.-ESOP
Hobbs, NM · 88240
$600,000
7(a)
Lea County State Bank1992-01-09
WALLACH CONCRETE PRODUCTS, INC
Hobbs, NM · 88241
$600,000
7(a)
Lea County State Bank1993-08-27
REECO WELL SERVICES INC
Hobbs, NM · 88240
$600,000
7(a)
Lea County State Bank$16K/job · 2006-11-16
Mark Spolton
Denver City, TX · 79323
$600,000
7(a)
Lea County State Bank$33K/job · 2006-09-13
MILFORD PIPE AND SUPPLY, INC.
Tatum, NM · 88267
$587,000
7(a)
Lea County State Bank1992-10-09
Hungry Horse LLC
Hobbs, NM · 88241
$500,000
7(a)
Lea County State Bank$8K/job · 2012-01-04
MILFORD PIPE & SUPPLY, INC.
Hobbs, NM · 88240
$500,000
7(a)
Lea County State Bank1996-07-12
Hungry Horse LLC
Eunice, NM · 88241
$500,000
7(a)
Lea County State Bank$7K/job · 2012-01-06
PREMIER OBGYN, LLC
Hobbs, NM · 88240
$500,000
7(a)
Lea County State Bank2005-10-18
WD Enterprises, Inc. DBA IBS of Pecos River Valley
Hobbs, NM · 88240
$492,000
7(a)
Lea County State Bank$41K/job · 2014-06-03
1–25 of 164
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Where Lea County State Bank lends

APPROVAL CONCENTRATION
TOP STATES
NM
157
TX
6
AZ
1