# PPP loan: GENERATION IX TECHNOLOGIES INC.
> **$241K** approved 01/17/2021 · Paid in Full · Loan `1554438302`
## Borrower
- **Name:** GENERATION IX TECHNOLOGIES INC.
- **Address:** 5839 Green Valley Cir Ste 104, Culver City, CA, 90230-6962
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 13
## Lender
- **Originating:** Northwest Bank & Trust Company
- **Servicing:** Northwest Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*