FERGUSON CONSTRUCTION COMPANY (NM) - 2020 PPP Loan Borrower Profile (# 4471907009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FERGUSON CONSTRUCTION COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Mexico.

Loan Detail

Loan Number

4471907009

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$4,165,900

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$3,055,038.64

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

20,000

Payroll Proced

3,845,900

Rent Proceed

50,000

Health Care Proceed

50,000

Debt Interest Proceed

200,000

Lender

Western Commerce Bank

Business Detail

Business Type

Corporation

NAICS

213112

Borrower Location

LOVINGTON, NM

Project Location

LOVINGTON, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

233

Business Age Description

Existing or more than 2 years old

Data Source: SBA.