PPP Loan information for Ferguson construction company

$2,000,000

Ferguson construction company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/22/2021 by The Western Commerce Bank reported 149 jobs and $2,000,000 was used to fund payroll.

Ferguson construction company is Existing or more than 2 years old

PPP Loan Search / NM / Lovington / Ferguson construction company

FERGUSON CONSTRUCTION COMPANY

Date Approved

02/22/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FERGUSON CONSTRUCTION COMPANY

Borrower Address

2200 S Commercial St

Borrower City

Lovington

Borrower State

NM

Borrower Zip

88260-5727

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lovington

Project County Name

LEA

Project State

NM

Project Zip

88260-5727

CD

NM-03

Jobs Reported

149

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1843659.40

Forgiveness Date

06/06/2022

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