Next Gen Electronics INC

$1,400,000 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
5194697002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,400,000
Current Approval
$1,400,000
Forgiveness Amount
$1,414,038
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Next Gen Electronics INC
Address
1 Comtronics Pl
ZIP Code
49203-7500
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$22.5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,400,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Flagstar Bank National Association

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