SBA lending record
505 Assets LLC
1017 N. Main St., Lovington, NM 88260 · Nonresidential Property Managers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$260K
Total SBA financing
1
Loan on record
FY2025
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is 505 Assets LLC your business?
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The loan
$260,000 — FY2025
- Gross approval
- $260,000
- SBA guaranteed
- $195,000 (75%)
- Status
- Current
- Rate at approval
- 9.18% v
- Term
- 240 mo (20 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/4/2024
- First disbursement
- 11/11/2024
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Nonresidential Property Managers
- NAICS code
- 531312
- Lender
- Western Commerce Bank
- Address
- 1017 N. Main St.
- City
- Lovington, 88260
- County
- Lea
- SBA district office
- NEW MEXICO DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding nonresidential property managers — by location, industry.
Similar businesses
Comparable nonresidential property managers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Peralta Property Management LLC
Waddell, AZ· ~528 mi
Nonresidential Property Managers
- $231K
- SBA financing
- ≈ $453K–$755K
- Est. revenue (rough)
APEK LLC
Palm Springs, CA· ~763 mi
Nonresidential Property Managers
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Myrtle Beach Destinations LLC
Myrtle Beach, SC· ~1405 mi
Nonresidential Property Managers
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
InTech Maintenance Solutions LLC
Lexington, SC· ~1273 mi
Nonresidential Property Managers
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Simplify It Holdings LLC and Simplify It A-Z LLC
Phoenix, AZ· ~507 mi
Nonresidential Property Managers
- $204K
- SBA financing
- ≈ $400K–$667K
- Est. revenue (rough)
Management De Novo, Inc.
Bonsall, CA· ~803 mi
Nonresidential Property Managers
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for 505 Assets LLC in Lovington, NM (Nonresidential Property Managers). CapBench 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 $260K
- On record FY2025
- 4 jobs supported
- Industry: Nonresidential Property Managers
- Location: Lovington, NM
- Lender: Western Commerce Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Nonresidential Property Managers businesses in NM for ~$260k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is 505 Assets LLC your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 505 Assets LLC.