# PPP loan: FERGUSON CONSTRUCTION COMPANY
> **$2.00M** approved 02/22/2021 · Exemption 4 · Loan `3031218502`
## Borrower
- **Name:** FERGUSON CONSTRUCTION COMPANY
- **Address:** 2200 S Commercial St, Lovington, NM, 88260-5727
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.84M (92%)
- **Forgiveness date:** 06/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 149
## Lender
- **Originating:** Western Commerce Bank
- **Servicing:** Western Commerce Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*