# PPP loan: NEXT GENERATION, INC.
> **$263K** approved 04/27/2020 · Paid in Full · Loan `3851177208`
## Borrower
- **Name:** NEXT GENERATION, INC.
- **Address:** 444 W. Lake Street Suite 1940, CHICAGO, IL, 60606
- **NAICS:** 928120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $39K
- **Utilities:** $26K
- **Jobs reported:** 18
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*