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Galaxy Next Generation, INC

$310,832 PPP Loan in Toccoa, Georgia

Loan Details

Loan Number
1413267702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$310,832
Current Approval
$310,832
Forgiveness Amount
$315,554
Forgiveness Date
Nov 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Galaxy Next Generation, INC
Address
285 Big a Rd
City
Toccoa
State
Georgia
ZIP Code
30577
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423430)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
GA-09

Loan Use Breakdown

Payroll
$239,000
Rent
$24,000
Utilities
$1,832
Health Care
$16,000
Debt Interest
$30,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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