SBA lender profile
Lea County State Bank
Lea County State Bank appears in the public SBA loan data with 30 funded 7(a) loans since FY2010, totaling $11.8M, an average of $395K per loan, and an estimated 631 jobs supported. Its SBA lending concentrates in New Mexico and the Mining and Extraction sector. Across its 7(a) loans, the charge-off rate is 3.3%. 43.3% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 69
- Scale 17
- Activity 22
- Consistency 49
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Lea County State Bank the right lender for you?
Lenders fund what they know. Lea County State Bank's SBA lending concentrates in New Mexico (27 loans) and Mining and Extraction (11 loans), at an average loan of $395K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $719M
- Headquarters
- Hobbs, NM
- FDIC cert
- #12259
- Status
- Active
Where Lea County State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New Mexico | 27 | $10.6M |
| Texas | 3 | $1.2M |
Metro areas where Lea County State Bank funds
What Lea County State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Mining and Extraction | 11 | $6.1M |
| Administrative and Support | 2 | $1.9M |
| Wholesale Trade | 4 | $965K |
| Real Estate | 1 | $500K |
| Construction | 1 | $464K |
| Retail Trade | 3 | $463K |
Lea County State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 2 | $1.4M |
| 2011 | 1 | $223K |
| 2012 | 8 | $4.0M |
| 2013 | 2 | $636K |
| 2014 | 10 | $3.7M |
| 2015 | 2 | $290K |
| 2016 | 3 | $849K |
| 2025 | 2 | $750K |
Related SBA lenders
Other lenders active in New Mexico or in Mining and Extraction.
Comparing lenders? See how to choose an SBA lender by track record.
Lea County State Bank: frequently asked questions
Does Lea County State Bank offer SBA loans?
Yes. Lea County State Bank appears in the public SBA data with 30 funded SBA 7(a) loans totaling $11.8M.
How many SBA loans has Lea County State Bank made?
Lea County State Bank is associated with 30 SBA 7(a) loans totaling $11.8M in the public SBA data (as of 2026-03-31).
What is Lea County State Bank's SBA charge-off rate?
About 3.3% of Lea County State Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Lea County State Bank do most of its SBA lending?
Lea County State Bank's SBA lending in the data is most concentrated in New Mexico, and by industry in Mining and Extraction.
Is Lea County State Bank an SBA Preferred Lender (PLP)?
The loan record shows Lea County State Bank operating under PLP delegated authority: 13 of its 7(a) loans (43.3%) were processed through the Preferred Lenders Program, including 1 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Lea County State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/lea-county-state-bank/
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