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SBA lending record

WATTS RANCH WATER LLC

1655 POTASH MINE RD, Carlsbad, NM 88221 · Drilling Oil and Gas Wells. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

1

Loan on record

FY2021

On record

3

Jobs supported

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The loan

$500,000 — FY2021

Gross approval: $500,000
SBA guaranteed: $450,000 (90%)
Status: Cancelled
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/11/2021
Collateral: Required
Jobs supported: 3
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Drilling Oil and Gas Wells
NAICS code: 213111
Lender: Newtek Small Business Finance, Inc.
Address: 1655 POTASH MINE RD
City: Carlsbad, 88221
County: Eddy
SBA district office: NEW MEXICO DISTRICT OFFICE
Congressional district: 2

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding drilling oil and gas wells — by location, industry.

SBA lenders in New Mexico Lenders for drilling oil and gas wells Drilling Oil and Gas Wells lenders in New Mexico

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Flo-Rite Fluids Inc

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SBA financing: ≈ $1.5M–$2.5M
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Agent summary

This page summarizes the public SBA 7(a) lending record for WATTS RANCH WATER LLC in Carlsbad, NM (Drilling Oil and Gas Wells). 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 $500K
On record FY2021
3 jobs supported
Industry: Drilling Oil and Gas Wells
Location: Carlsbad, NM
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Drilling Oil and Gas Wells businesses in NM for ~$500k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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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/watts-ranch-water-llc-nm
API:: https://dealroom.so/api/public/businesses/watts-ranch-water-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.

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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 WATTS RANCH WATER LLC.