46 SBA loans worth $22.7M went to businesses in Hobbs, NM between October 2021 and June 2026, from 15 lenders. Western Commerce Bank made the most, 22 loans. The median loan was $150,000, compared with $250,000 across New Mexico, and mining and oil and gas was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Western Commerce Bank Bank · Carlsbad, NM | 22 | $6.4M | $126,700 | 45% |
| 2 | Wells Fargo Bank Bank · Sioux Falls, SD | 4 | $85K | $17,500 | 100% |
| 3 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $453K | $150,000 | 0% |
| 4 | Capital Certified Development Certified development company · Austin, TX | 2 | $1.3M | $640,500 | 50% |
| 5 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 2 | $500K | $250,000 | 0% |
| 6 | Northeast Bank Bank · Portland, ME | 2 | $455K | $227,500 | 0% |
| 7 | First American Bank Bank · Artesia, NM | 2 | $396K | $198,050 | 50% |
| 8 | WaFd Bank Bank · Seattle, WA | 2 | $175K | $87,500 | 0% |
| 9 | Millennium Bank Bank · Des Plaines, IL | 1 | $5.0M | $5,000,000 | 0% |
| 10 | Bank of Hope Bank · Los Angeles, CA | 1 | $4.0M | $3,995,000 | 100% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 1 | $3.1M | $3,100,000 | 100% |
| 12 | Lea County State Bank Bank · Hobbs, NM | 1 | $350K | $350,000 | 100% |
| 13 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $243K | $242,700 | 0% |
| 14 | James Polk Stone Community Bank Bank · Portales, NM | 1 | $150K | $150,000 | 0% |
| 15 | Newtek Bank Bank · Miami, FL | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Mining and oil and gas | 10 | $106,750 | Western Commerce Bank | |
| Restaurants and hotels | 9 | $660,000 | Western Commerce Bank | |
| Transportation and warehousing | 6 | $45,000 | Wells Fargo Bank | |
| Construction | 4 | $325,000 | Western Commerce Bank | |
| Other services (repair, personal care) | 4 | $102,500 | Western Commerce Bank | |
| Retail | 3 | $350,000 | Live Oak Banking | |
| Health care and social assistance | 3 | $235,600 | Western Commerce Bank | |
| Professional and technical services | 3 | $230,000 | Western Commerce Bank |