PPP Loan information for Nexgen industrial services

$68,200

Nexgen industrial services was initially approved for PPP Loan of amount $42,400, the current approved amount is $68,200. The loan was approved on 04/06/2020 by The Coleman County State Bank reported 6 jobs and $68,200 was used to fund payroll.

Nexgen industrial services is New Business or 2 years or less

NEXGEN INDUSTRIAL SERVICES

Date Approved

04/06/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

NEXGEN INDUSTRIAL SERVICES

Borrower Address

402 S 7th

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79602

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42400.00

Current Approval Amount

68200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69207

Servicing Lender Name

Coleman County State Bank

Servicing Lender Address

118 W Pecan St

Servicing Lender City

COLEMAN

Servicing Lender State

TX

Servicing Lender Zip

76834-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79602-0001

CD

TX-19

Jobs Reported

6

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68200.00

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

69207

Originating Lender

Coleman County State Bank

Originating Lender City

COLEMAN

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66775.43

Forgiveness Date

12/15/2020

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