# PPP loan: NEXT GENERATION TECHNOLOGIES, LLC
> **$388K** approved 04/11/2020 · Paid in Full · Loan `3496907109`
## Borrower
- **Name:** NEXT GENERATION TECHNOLOGIES, LLC
- **Address:** 205 N MAIN ST, BUFFALO CENTER, IA, 50424-7723
- **NAICS:** 443142
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Rent:** $10K
- **Jobs reported:** 43
## Lender
- **Originating:** Arcadian Bank
- **Servicing:** Arcadian Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*