# PPP loan: NGMT, INC.
> **$1.98M** approved 04/10/2020 · Paid in Full · Loan `1432707110`
## Borrower
- **Name:** NGMT, INC.
- **Address:** 1742 Candler Road, Gainesville, GA, 30507-8427
- **NAICS:** 621910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Rent:** $65K
- **Utilities:** $51K
- **Health care:** $79K
- **Debt interest:** $10K
- **Jobs reported:** 157
## Lender
- **Originating:** Northeast Georgia Bank
- **Servicing:** Northeast Georgia Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*