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PPP loans in Lea County, New Mexico

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 2,063 Paycheck Protection Program loans for businesses it recorded in Lea County, $243.5 million in all.

Lea County, as of September 30, 2024

$243.5 million
Approved
$243,494,495
7.2% of the $3.4 billion approved in New Mexico.
2,063
Loans
1,449 first draws and 614 second draws.
96.0%
Forgiven
1,980 of 2,063 loans carry a forgiveness amount, $236.2 million in all.
3.4%
Charged off
71 of 2,063 loans, approved for $3.4 million. That is the loans' size, not what SBA lost.

The largest borrowers in Lea County · 2020–21

1 more column on a wider screen

The largest borrowers in Lea County, 2020–21
RankNameUSD
1Nor-Lea Hospital District, Lovington$6.7 million
2Watson Construction Co, Inc, Hobbs$4.8 million
3Ferguson Construction Company, Lovington$4.2 million
4Nmr Pipeline LLC, Eunice$3.3 million
5Watson Truck & Supply, Inc., Hobbs$3.2 million
6D&D Pipeline Construction, Inc., Hobbs$3.2 million
7Ingram Professional Services, Inc., Hobbs$2.9 million
8Milford Pipe And Supply, Inc., Hobbs$2.9 million
9Mesa Well Servicing Lp, Hobbs$2.9 million
10Quality Transport Inc, Jal$2.8 million
11Aries Well Service Inc, Hobbs$2.3 million
12Legacy Safety And Consulting, LLC, Hobbs$2.1 million
13Duke Oilfield Services LLC, Lovington$2.1 million
14Aries Well Service Inc., Hobbs$2.0 million
14Ferguson Construction Company, Lovington$2.0 million
14Gci, Inc., Hobbs$2.0 million
14Ingram Professional Services Inc., Hobbs$2.0 million
14Mps Enterprises Inc, Hobbs$2.0 million
14Nmr Pipeline LLC, Eunice$2.0 million
14Watson Construction Co Inc., Hobbs$2.0 million
21Trinity Oilfield Services & Rentals, LLC., Hobbs$1.9 million
22Legacy Safety And Consulting LLC, Hobbs$1.9 million
23Gci, Inc., Hobbs$1.9 million
24Lucky Services, Inc., Hobbs$1.7 million
25Lucky Services Inc, Hobbs$1.7 million
26Klein Automation & Electric, Inc., Hobbs$1.6 million
27Trinity Oilfield Services & Rentals LLC, Hobbs$1.6 million
28Nova Mud, Inc., Hobbs$1.4 million
29Precision Ndt LLC, Hobbs$1.2 million
30University Of The Southwest, Hobbs$1.2 million
31Man Welding Services, Inc., Lovington$1.2 million
32Permian Auto Group, LLC, Hobbs$1.2 million
33McVay Drilling Company, Hobbs$1.2 million
34Guidance Center Of Lea County, Inc., Hobbs$1.2 million
35Permian Ford Lincoln Inc., Hobbs$1.1 million
36Nova Mud Inc, Hobbs$1.1 million
37Stone Oilfield Service, Inc., Lovington$1.1 million
37Stone Oilfield Services Inc., Lovington$1.1 million
39Haarmeyer Electric, Inc., Lovington$1.1 million
40Banta Oilfield Service, Inc., Hobbs$1.0 million
41Battle Energy Services, LLC, Lovington$1.0 million
41Klein Automation & Electric Inc., Hobbs$1.0 million
43Battle Energy Services, Lovington$980,000
44Legendary Services LLC, Lovington$963,800
45Gandy Corporation, Lovington$963,700
46Legendary Services LLC, Lovington$940,966
47American Medical Group Inc, Hobbs$934,200
48King Logistic Oil LLC, Hobbs$933,895
49Ramirez & Sons, Inc, Hobbs$931,500
50Lj Services LLC, Jal$881,840
51Bma Rental LLC, Lovington$869,246
52Permian Ford Lincoln Inc, Hobbs$845,800
53Lasergold Inc., Eunice$844,004
54G & P Automation And Electric LLC, Hobbs$840,704
55Pettigrew & Associates P.A, Hobbs$839,900
55Pettigrew & Associates Pa, Hobbs$839,900
57Gandy Corporation, Lovington$814,600
58Leo Sauceda, Jal$807,192
59American Medical Group Inc., Hobbs$800,000
60McVay Drilling Company, Hobbs$784,800
61Cavaloz Energy Inc, Hobbs$779,000
61Cavaloz Energy, Inc., Hobbs$779,000
63Divine Energy Services, Inc, Hobbs$778,000
64Lucky Rental Tool LLC, Hobbs$770,100
65Nova Trucking LLC, Hobbs$713,200
66Leaco Rural Telephone Coop, Inc., Hobbs$709,600
67Lucky Rental Tool LLC, Hobbs$697,500
68Excalibur Oilfield Services LLC, Eunice$692,788
69Dmc Oilfield Services LLC, Hobbs$691,158
70Dmc Oilfield Services, LLC, Hobbs$691,100
71Hungry Horse LLC, Lovington$690,154
72G & P Automation And Electri,C LLC, Hobbs$680,000
73Lasergold, Inc & Subsidiaries, Eunice$676,170
74Parker Energy Support Services, Inc., Eunice$671,300
75Custom Welding Of Hobbs, Inc., Hobbs$669,400
76Integrity Well Services LLC, Hobbs$663,062
77Master Plumbers LLC, Hobbs$646,700
77Master Plumbers, LLC, Hobbs$646,700
79Garcia's Oilfield Services & Rentals LLC, Hobbs$636,688
80Garcia's Oilfield Services & Rentals LLC, Hobbs$636,600
81Richards Energy Compression, LLC, Hobbs$633,800
82Garner Pump & Supply Inc, Hobbs$616,432
83Diamondback Disposal Services, Inc., Hobbs$591,900
84Banta Oilfield Services Inc, Hobbs$590,000
85Forklift Enterprises, Inc., Hobbs$586,048
86Hydrostatic Pipe Service, Inc., Hobbs$583,900
87C & M Services, LLC, Hobbs$581,900
88Select Well Servicing, LLC, Lovington$569,400
89Richard's Energy Compression LLC, Hobbs$563,378
90Hobbs Rental Corporation, Hobbs$557,100
91Hobbs Rental Corporation, Hobbs$550,500
92Herrera's Oilfield Services Ll, Eunice$549,278
93De La Sierra Trucking Inc, Hobbs$545,496
94D And L Meter Instrument Serv Inc, Lovington$545,338
95D & L Meters And Instrument Service, Inc., Lovington$545,300
96C & C Transport, LLC, Hobbs$540,600
97Sdr Enterprises, LLC, Hobbs$540,400
98C&C Transport LLC, Hobbs$539,553
99Hydrostatic Pipe Service, Hobbs$532,665
100B&M Welding LLC, Hobbs$518,000

How the list is drawn

  • 100 of the 1,936 borrowers ranked in Lea County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Lea County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Related

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved