# PPP loan: PEERLESS CONSTRUCTION
> **$190K** approved 05/01/2020 · Paid in Full · Loan `8586387300`
## Borrower
- **Name:** PEERLESS CONSTRUCTION
- **Address:** 700 TORREON AVE SE, ALBUQUERQUE, NM, 87102-4944
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 25
## Lender
- **Originating:** Nusenda FCU
- **Servicing:** Nusenda FCU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*