# PPP loan: NEXT POINT BEARING GROUP, LLC
> **$441K** approved 04/09/2020 · Paid in Full · Loan `1025787104`
## Borrower
- **Name:** NEXT POINT BEARING GROUP, LLC
- **Address:** 28364 Avenue Crocker, VALENCIA, CA, 91355-1250
- **NAICS:** 423710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $441K
- **Jobs reported:** 30
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*