# PPP loan: NEW GEN HOSPITALITY MGMT LLC
> **$466K** approved 02/22/2021 · Paid in Full · Loan `3001928502`
## Borrower
- **Name:** NEW GEN HOSPITALITY MGMT LLC
- **Address:** 675 Main St, South Portland, ME, 04106-5422
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $415K (89%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $466K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Norway Savings Bank
- **Servicing:** Norway Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*