I think my puppy has a tick!! help!!?

My lab puppy is 5months old i was stroking him today and noticed a huge lump under his leg which was about the size of a ping pong ball i notices he had something black hanging out of it so i pulled it out with tweezers and it was an insect! it was black and slightly orange! however my puppy has now got a huge red lump on his leg and im worried! HELP XX