PPP Loan information for Next generation education

$529,500

Next generation education was initially approved for PPP Loan of amount $529,500, the current approved amount is $529,500. The loan was approved on 04/27/2020 by The CommerceWest Bank reported 49 jobs and $529,500 was used to fund payroll.

Next generation education is Existing or more than 2 years old

NEXT GENERATION EDUCATION

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NEXT GENERATION EDUCATION

Borrower Address

100 S Anaheim Boulevard Suite 150

Borrower City

Anaheim

Borrower State

CA

Borrower Zip

92805-3870

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529500.00

Current Approval Amount

529500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238353

Servicing Lender Name

CommerceWest Bank

Servicing Lender Address

2111 Business Center Dr

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-1019

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anaheim

Project County Name

ORANGE

Project State

CA

Project Zip

92805-3870

CD

CA-46

Jobs Reported

49

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529500.00

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

Non-Profit Organization

Originating Lender Location Id

238353

Originating Lender

CommerceWest Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

532500.50

Forgiveness Date

11/25/2020

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