PPP Loan information for Thenext generation inc.

$157,778

Thenext generation inc. was initially approved for PPP Loan of amount $157,778, the current approved amount is $157,778. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 11 jobs and $157,778 was used to fund payroll.

Thenext generation inc. is Existing or more than 2 years old

THENEXT GENERATION INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THENEXT GENERATION INC.

Borrower Address

Rt 77 & Silverlake Road

Borrower City

Bridgeton

Borrower State

NJ

Borrower Zip

08302

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157777.50

Current Approval Amount

157777.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgeton

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08302-0001

CD

NJ-02

Jobs Reported

11

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31555.50

Payroll Proceed

126222.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159473.61

Forgiveness Date

05/17/2021

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