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Homeβ€ΊNew Mexicoβ€ΊLeaβ€ΊSmall Business Grantsβ€ΊHobbs
BUSINESS β€” NM

πŸͺ Small Business Grants in Hobbs, Lea, New Mexico β€” 2026

Eligibility, income limits, local offices and how to apply for Hobbs residents

Up to $5M loanMax Benefit
1-800-827-5722Helpline
NMState
Business viability requiredFPL Threshold
πŸ“Š 2026 Income Limits β€” Hobbs, New Mexico
Household SizeMonthly LimitAnnual Limit
1 person$1,632/mo$19,578/yr
2 people$2,215/mo$26,572/yr
3 people$2,798/mo$33,566/yr
4 people ← typical$3,482/mo$41,782/yr
5 people$4,065/mo$48,778/yr
6 people$4,648/mo$55,774/yr
7 people$5,231/mo$62,770/yr
8 people$5,814/mo$69,766/yr

Source: HHS Federal Poverty Guidelines 2026. Effective January 2026.

πŸ“ How to Apply β€” Hobbs, New Mexico
1
Check Eligibility
Income at or below Business viability required. Family of 4 in Hobbs: $3,482/month in 2026.
2
Apply Online β€” Fastest
Visit www.sba.gov/funding-programs/loans β€” available 24/7.
3
Apply by Phone β€” 1-800-827-5722
Call Mon–Fri business hours for Hobbs residents.
4
Apply In-Person β€” Lea Office
Visit offices near Hobbs. Walk-ins accepted.
πŸ“‹ Documents Required β€” Hobbs
  • Business plan
  • Tax returns 3 years
  • Financial statements
  • Photo ID
❓ FAQs β€” Small Business Grants in Hobbs
Who qualifies for Small Business Grants in Hobbs, New Mexico?
Residents of Hobbs, Lea, New Mexico with income at or below Business viability required. Family of 4: $3,482/month. Call 1-800-827-5722.
How to apply for Small Business Grants in Hobbs?
Apply online at www.sba.gov/funding-programs/loans, call 1-800-827-5722, or visit Lea office.
Is there a Small Business Grants office in Hobbs?
The nearest office is in Lea. Visit office locator for exact address and hours.
πŸ”” New Mexico Alerts 2026
Free alerts when Small Business Grants changes in New Mexico.