PPP loans in Lea County, New Mexico

Name: Lea County, New Mexico
Address: NM, US

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
Rank	Name	USD	Loans
1	Nor-Lea Hospital District, Lovington	$6.7 million$6,654,000	1
2	Watson Construction Co, Inc, Hobbs	$4.8 million$4,822,100	1
3	Ferguson Construction Company, Lovington	$4.2 million$4,165,900	1
4	Nmr Pipeline LLC, Eunice	$3.3 million$3,255,783	1
5	Watson Truck & Supply, Inc., Hobbs	$3.2 million$3,225,226	2
6	D&D Pipeline Construction, Inc., Hobbs	$3.2 million$3,220,600	1
7	Ingram Professional Services, Inc., Hobbs	$2.9 million$2,899,300	1
8	Milford Pipe And Supply, Inc., Hobbs	$2.9 million$2,862,456	1
9	Mesa Well Servicing Lp, Hobbs	$2.9 million$2,857,400	2
10	Quality Transport Inc, Jal	$2.8 million$2,784,500	1
11	Aries Well Service Inc, Hobbs	$2.3 million$2,276,578	1
12	Legacy Safety And Consulting, LLC, Hobbs	$2.1 million$2,111,800	1
13	Duke Oilfield Services LLC, Lovington	$2.1 million$2,058,254	2
14	Aries Well Service Inc., Hobbs	$2.0 million$2,000,000	1
14	Ferguson Construction Company, Lovington	$2.0 million$2,000,000	1
14	Gci, Inc., Hobbs	$2.0 million$2,000,000	1
14	Ingram Professional Services Inc., Hobbs	$2.0 million$2,000,000	1
14	Mps Enterprises Inc, Hobbs	$2.0 million$2,000,000	1
14	Nmr Pipeline LLC, Eunice	$2.0 million$2,000,000	1
14	Watson Construction Co Inc., Hobbs	$2.0 million$2,000,000	1
21	Trinity Oilfield Services & Rentals, LLC., Hobbs	$1.9 million$1,905,600	1
22	Legacy Safety And Consulting LLC, Hobbs	$1.9 million$1,876,700	1
23	Gci, Inc., Hobbs	$1.9 million$1,875,000	1
24	Lucky Services, Inc., Hobbs	$1.7 million$1,739,900	1
25	Lucky Services Inc, Hobbs	$1.7 million$1,710,900	1
26	Klein Automation & Electric, Inc., Hobbs	$1.6 million$1,646,400	1
27	Trinity Oilfield Services & Rentals LLC, Hobbs	$1.6 million$1,625,000	1
28	Nova Mud, Inc., Hobbs	$1.4 million$1,401,200	1
29	Precision Ndt LLC, Hobbs	$1.2 million$1,240,000	1
30	University Of The Southwest, Hobbs	$1.2 million$1,234,600	1
31	Man Welding Services, Inc., Lovington	$1.2 million$1,226,200	1
32	Permian Auto Group, LLC, Hobbs	$1.2 million$1,204,400	1
33	McVay Drilling Company, Hobbs	$1.2 million$1,188,200	1
34	Guidance Center Of Lea County, Inc., Hobbs	$1.2 million$1,155,300	1
35	Permian Ford Lincoln Inc., Hobbs	$1.1 million$1,115,400	1
36	Nova Mud Inc, Hobbs	$1.1 million$1,071,800	1
37	Stone Oilfield Service, Inc., Lovington	$1.1 million$1,069,200	1
37	Stone Oilfield Services Inc., Lovington	$1.1 million$1,069,200	1
39	Haarmeyer Electric, Inc., Lovington	$1.1 million$1,065,600	1
40	Banta Oilfield Service, Inc., Hobbs	$1.0 million$1,045,200	1
41	Battle Energy Services, LLC, Lovington	$1.0 million$1,000,000	1
41	Klein Automation & Electric Inc., Hobbs	$1.0 million$1,000,000	1
43	Battle Energy Services, Lovington	$980.0 thousand$980,000	1
44	Legendary Services LLC, Lovington	$963.8 thousand$963,800	1
45	Gandy Corporation, Lovington	$963.7 thousand$963,700	1
46	Legendary Services LLC, Lovington	$941.0 thousand$940,966	1
47	American Medical Group Inc, Hobbs	$934.2 thousand$934,200	1
48	King Logistic Oil LLC, Hobbs	$933.9 thousand$933,895	1
49	Ramirez & Sons, Inc, Hobbs	$931.5 thousand$931,500	1
50	Lj Services LLC, Jal	$881.8 thousand$881,840	1
51	Bma Rental LLC, Lovington	$869.2 thousand$869,246	2
52	Permian Ford Lincoln Inc, Hobbs	$845.8 thousand$845,800	1
53	Lasergold Inc., Eunice	$844.0 thousand$844,004	1
54	G & P Automation And Electric LLC, Hobbs	$840.7 thousand$840,704	1
55	Pettigrew & Associates P.A, Hobbs	$839.9 thousand$839,900	1
55	Pettigrew & Associates Pa, Hobbs	$839.9 thousand$839,900	1
57	Gandy Corporation, Lovington	$814.6 thousand$814,600	1
58	Leo Sauceda, Jal	$807.2 thousand$807,192	1
59	American Medical Group Inc., Hobbs	$800.0 thousand$800,000	1
60	McVay Drilling Company, Hobbs	$784.8 thousand$784,800	1
61	Cavaloz Energy Inc, Hobbs	$779.0 thousand$779,000	1
61	Cavaloz Energy, Inc., Hobbs	$779.0 thousand$779,000	1
63	Divine Energy Services, Inc, Hobbs	$778.0 thousand$778,000	1
64	Lucky Rental Tool LLC, Hobbs	$770.1 thousand$770,100	1
65	Nova Trucking LLC, Hobbs	$713.2 thousand$713,200	1
66	Leaco Rural Telephone Coop, Inc., Hobbs	$709.6 thousand$709,600	1
67	Lucky Rental Tool LLC, Hobbs	$697.5 thousand$697,500	1
68	Excalibur Oilfield Services LLC, Eunice	$692.8 thousand$692,788	1
69	Dmc Oilfield Services LLC, Hobbs	$691.2 thousand$691,158	1
70	Dmc Oilfield Services, LLC, Hobbs	$691.1 thousand$691,100	1
71	Hungry Horse LLC, Lovington	$690.2 thousand$690,154	2
72	G & P Automation And Electri,C LLC, Hobbs	$680.0 thousand$680,000	1
73	Lasergold, Inc & Subsidiaries, Eunice	$676.2 thousand$676,170	1
74	Parker Energy Support Services, Inc., Eunice	$671.3 thousand$671,300	1
75	Custom Welding Of Hobbs, Inc., Hobbs	$669.4 thousand$669,400	1
76	Integrity Well Services LLC, Hobbs	$663.1 thousand$663,062	1
77	Master Plumbers LLC, Hobbs	$646.7 thousand$646,700	1
77	Master Plumbers, LLC, Hobbs	$646.7 thousand$646,700	1
79	Garcia's Oilfield Services & Rentals LLC, Hobbs	$636.7 thousand$636,688	1
80	Garcia's Oilfield Services & Rentals LLC, Hobbs	$636.6 thousand$636,600	1
81	Richards Energy Compression, LLC, Hobbs	$633.8 thousand$633,800	1
82	Garner Pump & Supply Inc, Hobbs	$616.4 thousand$616,432	1
83	Diamondback Disposal Services, Inc., Hobbs	$591.9 thousand$591,900	1
84	Banta Oilfield Services Inc, Hobbs	$590.0 thousand$590,000	1
85	Forklift Enterprises, Inc., Hobbs	$586.0 thousand$586,048	1
86	Hydrostatic Pipe Service, Inc., Hobbs	$583.9 thousand$583,900	1
87	C & M Services, LLC, Hobbs	$581.9 thousand$581,900	1
88	Select Well Servicing, LLC, Lovington	$569.4 thousand$569,400	1
89	Richard's Energy Compression LLC, Hobbs	$563.4 thousand$563,378	1
90	Hobbs Rental Corporation, Hobbs	$557.1 thousand$557,100	1
91	Hobbs Rental Corporation, Hobbs	$550.5 thousand$550,500	1
92	Herrera's Oilfield Services Ll, Eunice	$549.3 thousand$549,278	1
93	De La Sierra Trucking Inc, Hobbs	$545.5 thousand$545,496	2
94	D And L Meter Instrument Serv Inc, Lovington	$545.3 thousand$545,338	1
95	D & L Meters And Instrument Service, Inc., Lovington	$545.3 thousand$545,300	1
96	C & C Transport, LLC, Hobbs	$540.6 thousand$540,600	1
97	Sdr Enterprises, LLC, Hobbs	$540.4 thousand$540,400	1
98	C&C Transport LLC, Hobbs	$539.6 thousand$539,553	1
99	Hydrostatic Pipe Service, Hobbs	$532.7 thousand$532,665	1
100	B&M Welding LLC, Hobbs	$518.0 thousand$518,000	1

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.

Sources

SBA Paycheck Protection Program (PPP) FOIA — loan-level data — U.S. Small Business Administration · Public domain — U.S. Government work · retrieved September 25, 2026
Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026

Data retrieved September 23, 2026

Lea County, as of September 30, 2024

The largest borrowers in Lea County · 2020–21

How the list is drawn

Related

Sources