PPP Loan information for Nexgen mechanical inc.

$1,349,786

Nexgen mechanical inc. was initially approved for PPP Loan of amount $1,349,786, the current approved amount is $1,349,786. The loan was approved on 04/09/2021 by The Webster Bank National Association reported 51 jobs and $1,349,786 was used to fund payroll.

Nexgen mechanical inc. is Existing or more than 2 years old

NEXGEN MECHANICAL INC.

Date Approved

04/09/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEXGEN MECHANICAL INC.

Borrower Address

205 Hallene Rd Unit 106

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02886-2451

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1349786.00

Current Approval Amount

1349786.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warwick

Project County Name

KENT

Project State

RI

Project Zip

02886-2451

CD

RI-02

Jobs Reported

51

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1349783.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1355000.24

Forgiveness Date

09/07/2021

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