Ferguson Construction Company
$4,165,900 PPP Loan in Lovington, New Mexico
Loan Details
- Loan Number
- 4471907009
- Date Approved
- Apr 3, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $4,165,900
- Current Approval
- $4,165,900
- Forgiveness Amount
- $3,055,039
- Forgiveness Date
- Jun 11, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Ferguson Construction Company
- Address
- 2200 S. Commercial St
- City
- Lovington
- State
- New Mexico
- ZIP Code
- 88260-5727
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 233
- Estimated Revenue
- $14.1M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $3,845,900
- Rent
- $50,000
- Utilities
- $20,000
- Health Care
- $50,000
- Debt Interest
- $200,000
Lender Information
- Servicing Lender
- Western Commerce Bank
- Originating Lender
- Western Commerce Bank
Other PPP Loans in Lovington, NM
| Business | Approved | |
|---|---|---|
| Nor-Lea Hospital District | $6,654,000 |  Research |
| Ferguson Construction Company | $2,000,000 | Research |
| Man Welding Services, Inc. | $1,226,200 | Research |
| Duke Oilfield Services LLC | $1,170,264 | Research |
| Stone Oilfield Service, Inc. | $1,069,200 | Research |
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