PPP Loan information for Nextgen motors inc.

$7,500

Nextgen motors inc. was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 01/28/2021 by The Regions Bank reported 2 jobs and $7,500 was used to fund payroll.

Nextgen motors inc. is Existing or more than 2 years old

PPP Loan Search / TN / Mt Juliet / Nextgen motors inc.

NEXTGEN MOTORS INC.

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

NEXTGEN MOTORS INC.

Borrower Address

9084 Lebanon Rd

Borrower City

Mt Juliet

Borrower State

TN

Borrower Zip

37122-5601

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mt Juliet

Project County Name

WILSON

Project State

TN

Project Zip

37122-5601

CD

TN-06

Jobs Reported

2

NAICS Code

441120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7525.68

Forgiveness Date

06/15/2021

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