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IROC AUTOMATION & ELECTRIC LLC — SBA Loan Record (Hobbs, NM) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/NM

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SBA lending record

IROC AUTOMATION & ELECTRIC LLC

1210 S HOUSTON ST, Hobbs, NM 88240 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$8K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is IROC AUTOMATION & ELECTRIC LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$7,500 — FY2020

Gross approval: $7,500
SBA guaranteed: $3,750 (50%)
Status: Paid in full
Rate at approval: 7.75% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/21/2020
First disbursement: 7/31/2020
Days to fund: 10 days
Paid in full: 11/30/2021
Collateral: None
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: Wells Fargo Bank National Association
Address: 1210 S HOUSTON ST
City: Hobbs, 88240
County: Lea
SBA district office: NEW MEXICO DISTRICT OFFICE
Congressional district: 2

The lender

Wells Fargo Bank National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in New Mexico Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in New Mexico

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

J&F Electric, LLC

Hobbs, NM· ~1 mi

Electrical Contractors and Other Wiring Installation Contrac

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

MAINTENANCE_SELECT L.L.C.

Tularosa, NM· ~171 mi

Electrical Contractors and Other Wiring Installation Contrac

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

CNM Electric LLC

Lovington, NM· ~23 mi

Electrical Contractors and Other Wiring Installation Contrac

$750K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

BRUNOS ELECTRIC

Azusa, CA· ~857 mi

Electrical Contractors and Other Wiring Installation Contrac

$9K
SBA financing: ≈ $18K–$29K
Est. revenue (rough)

Electrical Sam Pat LLC

Carrollton, TX· ~361 mi

Electrical Contractors and Other Wiring Installation Contrac

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

R & B POWER SOLUTIONS LLC

Rockwall, TX· ~387 mi

Electrical Contractors and Other Wiring Installation Contrac

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for IROC AUTOMATION & ELECTRIC LLC in Hobbs, NM (Electrical Contractors and Other Wiring Installation Contrac). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $8K
On record FY2020
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Hobbs, NM
Lender: Wells Fargo Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in NM for ~$8k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/iroc-automation-electric-llc-nm
API:: https://dealroom.so/api/public/businesses/iroc-automation-electric-llc-nm
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is IROC AUTOMATION & ELECTRIC LLC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with IROC AUTOMATION & ELECTRIC LLC.