# PPP loan: NEXTGEN ARCHES LLC
> **$429K** approved 04/10/2020 · Paid in Full · Loan `1945317106`
## Borrower
- **Name:** NEXTGEN ARCHES LLC
- **Address:** 859 S Yellowstone Hwy Suite 303, REXBURG, ID, 83440-2343
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 113
## Lender
- **Originating:** D. L. Evans Bank
- **Servicing:** D. L. Evans Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*