# PPP loan: SOUERS CONSTRUCTION INCORPORATED
> **$1.05M** approved 02/07/2021 · Paid in Full · Loan `5079188406`
## Borrower
- **Name:** SOUERS CONSTRUCTION INCORPORATED
- **Address:** 1500 Coors Blvd NW Ste B, Albuquerque, NM, 87121-1100
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*