# PPP loan: NEXGEN COMPOUNDING AND RESEARCH
> **$249K** approved 02/20/2021 · Paid in Full · Loan `2515268508`
## Borrower
- **Name:** NEXGEN COMPOUNDING AND RESEARCH
- **Address:** 953 Hilltop Dr N/A, Weatherford, TX, 76086-8811
- **NAICS:** 325412
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*