# PPP loan: NEWGEN BUSINESS SOLUTIONS, INC.
> **$252K** approved 04/15/2020 · Paid in Full · Loan `1908707204`
## Borrower
- **Name:** NEWGEN BUSINESS SOLUTIONS, INC.
- **Address:** 4355 WEAVER PARKWAY SUITE 310, WARRENVILLE, IL, 60555
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 15
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*