# PPP loan: GRUPO NGN, INC.
> **$457K** approved 04/16/2020 · Paid in Full · Loan `3042787203`
## Borrower
- **Name:** GRUPO NGN, INC.
- **Address:** 5645 Coral Ridge Dr. 414, POMPANO BEACH, FL, 33076
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $464K (102%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Jobs reported:** 55
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*