# PPP loan: FERGUSON CONSTRUCTION COMPANY
> **$4.17M** approved 04/03/2020 · Exemption 4 · Loan `4471907009`
## Borrower
- **Name:** FERGUSON CONSTRUCTION COMPANY
- **Address:** 2200 S. COMMERCIAL ST, LOVINGTON, NM, 88260-5727
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.17M
- **Initial approval:** $4.17M
- **Forgiven:** $3.06M (73%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.85M
- **Rent:** $50K
- **Utilities:** $20K
- **Health care:** $50K
- **Debt interest:** $200K
- **Jobs reported:** 233
## 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*