SBA Loans in ZIP 88240

Public SBA 7(a) and 504 approvals in Hobbs, NM 88240.

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SBA loans

493

Approved $

$133.7M

all programs

Avg loan

$271K

per loan

Loan records · ZIP 88240

493 records

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Borrower

Location

Program

Industry

Akal Hotels LLC Millennium Bank

Hobbs, NM

88240

$5,000,000

$500K

7(a)

Hotels (except Casino Hotels) and Motels

2022-06-30

Balwantrai Hirabhai Patel Bank of Hope

Hobbs, NM

88240

$4,711,000

$262K

7(a)

Hotels (except Casino Hotels) and Motels

2013-01-04

Wolfcamp Lodge I LLC Peoples Bank

Hobbs, NM

88240

$4,200,000

$247K

7(a)

Rooming and Boarding Houses

2021-09-15

JAY HOSPITALITY GROUP LLC Poppy Bank

Hobbs, NM

88240

$4,131,000

$138K

7(a)

Hotels (except Casino Hotels) and Motels

2018-11-06

Joe's Roustabout & Well Servicing Ltd. Co.First American Bank

Hobbs, NM

88240

$4,000,000

$143K

7(a)

Support Activities for Oil and Gas Operations

2011-09-08

Jacet Ops LLC Live Oak Banking Company

Hobbs, NM

88240

$3,100,000

$155K

7(a)

Tire Dealers

2025-07-11

GRIT Energy Services Inc.Byline Bank

Hobbs, NM

88240

$2,600,000

$47K

7(a)

Portfolio Management

2019-05-22

Pravinbhai R. Lad Commonwealth Business Bank

Hobbs, NM

88240

$2,060,000

$137K

7(a)

Hotels (except Casino Hotels) and Motels

2012-12-20

ASHLEY FURNITURE HOMESTORE Enchantment Land Certified Development Company

Hobbs, NM

88240

$2,000,000

$2.0M

504

Furniture Stores

2007-11-20

Double J Animal Hospital, LLC First-Citizens Bank & Trust Company

Hobbs, NM

88240

$1,956,000

$326K

7(a)

Veterinary Services

2007-07-18

KANSP, LLC Western Commerce Bank

Hobbs, NM

88240

$1,720,000

$191K

7(a)

Hotels (except Casino Hotels) and Motels

2024-09-03

K&S Electric Co.Wells Fargo Bank National Association

Hobbs, NM

88240

$1,679,700

$25K

7(a)

Electrical Contractors

2010-07-08

Scarbrough Enterprises Inc.Western Commerce Bank

Hobbs, NM

88240

$1,505,000

$215K

7(a)

Support Activities for Oil and Gas Operations

2019-11-14

Double RD Enterprises, LLC Gulf Coast Bank and Trust Company

Hobbs, NM

88240

$1,500,000

$375K

7(a)

Full-Service Restaurants

2010-05-25

REECO WELL SERVICES INC Lea County State Bank

Hobbs, NM

88240

$1,472,104

—

7(a)

Support Activities for Oil and Gas Operations

2002-05-24

Haller-Phillips, Inc.First American Bank

Hobbs, NM

88240

$1,445,900

$50K

7(a)

Other Building Material Dealers

2011-05-26

AVKD Hospitality LLC First General Bank

Hobbs, NM

88240

$1,440,000

$180K

7(a)

Hotels (except Casino Hotels) and Motels

2019-12-16

E-Frac C02 Separation Systems, LLC Lea County State Bank

Hobbs, NM

88240

$1,385,000

$277K

7(a)

Support Activities for Oil and Gas Operations

2011-12-16

COMFORT INN - HOBBS Business Loan Center, LLC

Hobbs, NM

88240

$1,330,000

—

7(a)

Hotels (except Casino Hotels) and Motels

2001-12-03

Karishma Roshni LLC Bank of Hope

Hobbs, NM

88240

$1,320,000

$330K

7(a)

Hotels (except Casino Hotels) and Motels

2014-08-28

MNV Hospitality Inc.Capital Certified Development Corporation

Hobbs, NM

88240

$1,251,000

$104K

504

Hotels (except Casino Hotels) and Motels

2007-06-12

CONSOLIDATED RECYCLING INC.Lea County State Bank

Hobbs, NM

88240

$1,176,650

—

7(a)

Recyclable Material Wholesalers

1997-04-10

TRAVELODGE U.S. Bank, National Association

Hobbs, NM

88240

$1,108,000

—

7(a)

Hotels (except Casino Hotels) and Motels

1999-08-30

Ingram Professional Services, Inc.First American Bank

Hobbs, NM

88240

$1,100,000

$10K

7(a)

Electrical Contractors

2017-02-21

MURDOCK-YORK INC.Wells Fargo Bank National Association

Hobbs, NM

88240

$1,068,000

$32K

7(a)

Tire and Tube Merchant Wholesalers

2005-09-13

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

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

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

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

Western Commerce Bank$191K/job · 2024-09-03

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

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

Business Loan Center, LLC2001-12-03

Bank of Hope$330K/job · 2014-08-28

Capital Certified Development Corporation$104K/job · 2007-06-12

CONSOLIDATED RECYCLING INC.

Hobbs, NM · 88240

$1,176,650

7(a)

Lea County State Bank1997-04-10

U.S. Bank, National Association1999-08-30

Ingram Professional Services, Inc.

Hobbs, NM · 88240

$1,100,000

7(a)

First American Bank$10K/job · 2017-02-21

Wells Fargo Bank National Association$32K/job · 2005-09-13

1–25 of 493

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