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KING OILFIELD SERVICES, LLC — SBA Loan Record (Lovington, NM) | DealRoom

Intelligence/Oil and Gas Pipeline and Related Structures Construction/NM

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SBA lending record

KING OILFIELD SERVICES, LLC

400 N 16th Street, Lovington, NM 88260 · Oil and Gas Pipeline and Related Structures Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

1

Loan on record

FY2024

On record

14

Jobs supported

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

Is KING OILFIELD SERVICES, 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

$50,000 — FY2024

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/14/2023
First disbursement: 11/21/2023
Days to fund: 7 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 14
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Oil and Gas Pipeline and Related Structures Construction
NAICS code: 237120
Lender: Northeast Bank
Address: 400 N 16th Street
City: Lovington, 88260
County: Lea
SBA district office: NEW MEXICO DISTRICT OFFICE
Congressional district: 2

The lender

Northeast Bank

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 oil and gas pipeline and related structures construction — by location, industry.

SBA lenders in New Mexico Lenders for oil and gas pipeline and related structures construction Oil and Gas Pipeline and Related Structures Construction lenders in New Mexico

Similar businesses

Comparable oil and gas pipeline and related structures construction in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Ferguson Construction Company

Lovington, NM· ~2 mi

Oil and Gas Pipeline and Related Structures Construction

$2.0M
SBA financing: ≈ $3.9M–$6.5M
Est. revenue (rough)

SOUTHLAND PACIFIC PROJECT SERVICES INC.

Rancho Cucamonga, CA· ~818 mi

Oil and Gas Pipeline and Related Structures Construction

$65K
SBA financing: ≈ $127K–$212K
Est. revenue (rough)

Peixoto Construction Inc

Berkley, MA· ~1862 mi

Oil and Gas Pipeline and Related Structures Construction

$55K
SBA financing: ≈ $108K–$180K
Est. revenue (rough)

Curt & Sons, Inc

Mount Airy, MD· ~1523 mi

Oil and Gas Pipeline and Related Structures Construction

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

JKN LLC

Eagle, ID· ~1020 mi

Oil and Gas Pipeline and Related Structures Construction

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

Optimal Tank Solutions LLC

Huntingtown, MD· ~1545 mi

Oil and Gas Pipeline and Related Structures Construction

$74K
SBA financing: ≈ $145K–$242K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for KING OILFIELD SERVICES, LLC in Lovington, NM (Oil and Gas Pipeline and Related Structures Construction). 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 $50K
On record FY2024
14 jobs supported
Industry: Oil and Gas Pipeline and Related Structures Construction
Location: Lovington, NM
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Oil and Gas Pipeline and Related Structures Construction businesses in NM for ~$50k 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/king-oilfield-services-llc-nm
API:: https://dealroom.so/api/public/businesses/king-oilfield-services-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 KING OILFIELD SERVICES, 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 KING OILFIELD SERVICES, LLC.