Nexgen Water Solutions LLC

$757,200 PPP Loan in Kenedy, Texas

Loan Details

Loan Number
7677807100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$757,200
Current Approval
$757,200
Forgiveness Amount
$767,759
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nexgen Water Solutions LLC
Address
951 Cr 160
City
Kenedy
State
Texas
ZIP Code
78119-5315
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-15

Loan Use Breakdown

Payroll
$675,000
Rent
$72,200
Utilities
$10,000

Lender Information

Servicing Lender
United Community Bank
Originating Lender
Reliant Bank, a Division of United Community Bank

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