PPP Loan information for Nexgen group inc

$160,700

Nexgen group inc was initially approved for PPP Loan of amount $160,700, the current approved amount is $160,700. The loan was approved on 04/11/2020 by The 1st Source Bank reported 13 jobs and $160,700 was used to fund payroll.

Nexgen group inc is Existing or more than 2 years old

NEXGEN GROUP INC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

NEXGEN GROUP INC

Borrower Address

1952 W Market ST

Borrower City

NAPPANEE

Borrower State

IN

Borrower Zip

46550-9045

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160700.00

Current Approval Amount

160700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPPANEE

Project County Name

ELKHART

Project State

IN

Project Zip

46550-9045

CD

IN-02

Jobs Reported

13

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

160700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151746.53

Forgiveness Date

12/28/2020

;