Next Generation Electric LLC

$41,882 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
5110277706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$41,882
Current Approval
$41,882
Forgiveness Amount
$42,237
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Next Generation Electric LLC
Address
2521 Torquay Ave
ZIP Code
48073-1014
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336370)
Business Age
New Business or 2 years or less
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$41,882

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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