# PPP loan: NEW GENERATION ENERGY & ENVIRONMENTAL
> **$469K** approved 05/01/2020 · Paid in Full · Loan `1628417707`
## Borrower
- **Name:** NEW GENERATION ENERGY & ENVIRONMENTAL
- **Address:** 66 Willow Ave 2nd Floor, Hoboken, NJ, 07030
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $441K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $8K
- **Jobs reported:** 350
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*