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Lender record

Lea County State Bank

The real lending record — every figure from funded deals. HQ: 1017 N Turner St, Hobbs, NM. 3 branches.

2

Recent deals (FY20+)

$400K

Typical deal

—

Approval → funding

Where Lea County State Bank lends

Deal profile

Most Lea County State Bank deals land between $350K and $400K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

1.Limited-Service Restaurants (1)
2.All Other Amusement and Recreation Industries (1)

Most active states

1.Texas (1 deals)
2.New Mexico (1 deals)

Insider move

Match your file to this profile before requesting an intro: a deal inside their $350K–$400K sweet spot, in an industry they already fund, moves through underwriting on rails.

Can Lea County State Bank fund you? The bank behind the loans

Total assets

$718.6M

▲ 1.5% vs prior quarter

Deposits on hand

$644.6M

▲ 1.1% vs prior quarter

Loans outstanding

$221.0M

▼ 0.7% vs prior quarter

Net income (latest qtr)

$3.1M

•An active SBA program (~1.3% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes Lea County State Bank more SBA-focused than 82% of the banks on our record.
•Deposits grew last quarter — more raw lending capacity than the quarter before.
•Return on assets of 1.74% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

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Walk into a Lea County State Bank branch (3)

Lea County State BankMain office1017 N Turner StHobbs, NM 88240 · since 1928

Lovington Branch320 S Main AveLovington, NM 88260 · since 1935

North Grimes Branch3927 N Grimes StHobbs, NM 88240 · since 1993 · limited service

Branch data: FDIC BankFind.

Recent deals

The Ugly Mug Coffee House LLC in Mckinney, TX — $400K (2025) · Limited-Service Restaurants
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.5% fixed
Term
72 mo (6 yrs)
SBA guaranteed
$200K (50%)
Approval → funding
18 days
Approved
1/27/2025
First disbursed
2/14/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
13
Business age
Startup, Loan Funds will Open Business
Industry
Limited-Service Restaurants
Your business? Claim this record · Request removal
McIlroy's Indoor Golf LLC in Hobbs, NM — $350K (2025) · All Other Amusement and Recreation Industries
Program
Preferred Lenders Program
Rate at approval
9.5% fixed
Term
78 months
SBA guaranteed
$263K (75%)
Approval → funding
32 days
Approved
4/21/2025
First disbursed
5/23/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Businesses Lea County State Bank financed

2 businesses on record. Each links to its full SBA record.

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DealRoom analysis of public lending records, FY2020–present. Not affiliated with Lea County State Bank.

AI summary

Lea County State Bank is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.

Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.

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I authorize DealRoom to share my contact information with SBA lending partners and loan brokers (including partners who compensate DealRoom), who may contact me about financing. DealRoom is not a lender and makes no credit decision.

8

Business age

New Business or 2 years or less

Industry

All Other Amusement and Recreation Industries

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