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SBA lending record

Loblolly, LLC

1409 N Country Club Cir, Carlsbad, NM 88220 · Barber Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$508K

Total SBA financing

1

Loan on record

FY2020

On record

40

Jobs supported

Franchise brand

Smartstyle

See Smartstyle's SBA financing data — typical deal, failure rate, and how its loans perform →

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

Is Loblolly, 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.

The loan

$508,000 — FY2020

Gross approval
$508,000
SBA guaranteed
$381,000 (75%)
Status
Paid in full
Rate at approval
7.25% v
Term
119 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
11/14/2019
First disbursement
2/1/2020
Days to fund
79 days
Paid in full
12/31/2021
Collateral
Required
Jobs supported
40
Business type
Corporation
Business age
Startup, Loan Funds will Open Business
Industry
Barber Shops
NAICS code
812111
Franchise
Smartstyle
Franchise code
S2274
Address
1409 N Country Club Cir
City
Carlsbad, 88220
County
Eddy
SBA district office
NEW MEXICO DISTRICT OFFICE
Congressional district
2

The lender

Find SBA lenders for businesses like this

The banks most active funding barber shops — by location, industry, and brand.

Other Smartstyle locations

Other Smartstyle businesses in the public SBA record — closest first, by location and deal size.

Similar businesses

Comparable barber shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Loblolly, LLC in Carlsbad, NM (Barber Shops). 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 $508K
  • On record FY2020
  • 40 jobs supported
  • Industry: Barber Shops
  • Location: Carlsbad, NM
  • Lender: Western Commerce Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Barber Shops businesses in NM for ~$508k 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.
  • 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.

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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 Loblolly, LLC.

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