PPP Loan information for Nexgen motors llc

$93,113

Nexgen motors llc was initially approved for PPP Loan of amount $93,113, the current approved amount is $93,113. The loan was approved on 04/11/2020 by The Utah First FCU reported 7 jobs and $93,113 was used to fund payroll.

Nexgen motors llc is New Business or 2 years or less

PPP Loan Search / UT / LINDON / Nexgen motors llc

NEXGEN MOTORS LLC

Date Approved

04/11/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NEXGEN MOTORS LLC

Borrower Address

55 South State Street

Borrower City

LINDON

Borrower State

UT

Borrower Zip

84042-1940

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93113.00

Current Approval Amount

93113.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106970

Servicing Lender Name

Utah First FCU

Servicing Lender Address

200 E South Temple

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-1348

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LINDON

Project County Name

UTAH

Project State

UT

Project Zip

84042-1940

CD

UT-03

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

93113.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

106970

Originating Lender

Utah First FCU

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93975.25

Forgiveness Date

03/16/2021

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