Next-Gen Supply Group Inc.

$1,353,160 PPP Loan in Mansfield, Massachusetts

Loan Details

Loan Number
7637937208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,353,160
Current Approval
$1,353,160
Forgiveness Amount
$1,369,323
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Next-Gen Supply Group Inc.
Address
11 Norfolk St, Unit 3
ZIP Code
02048-1874
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325612)
Business Age
New Business or 2 years or less
Jobs Reported
80
Estimated Revenue
$79.3M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$500,000
Rent
$849,160
Utilities
$4,000

Lender Information

Servicing Lender
Middlesex Savings Bank
Originating Lender
Middlesex Savings Bank

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