Next Gen LLC
$414,837 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 6506157009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $414,837
- Current Approval
- $297,368
- Forgiveness Amount
- $301,173
- Forgiveness Date
- Jul 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Next Gen LLC
- Address
- 3422 Tournament Dr. S
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38125-8814
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Other Services (except Public Administration) (812112)
- Franchise
- Smartstyle
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $11.1M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $247,000
- Rent
- $45,000
- Health Care
- $1,000
- Debt Interest
- $4,368
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Stearns Bank National Association
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