# PPP loan: NEXT GEN LLC
> **$313K** approved 03/17/2021 · Paid in Full · Loan `3417448602`
## Borrower
- **Name:** NEXT GEN LLC
- **Address:** 577 Germantown PKWY  inside walmart, MEMPHIS, TN, 38017
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 76
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*