# PPP loan: NEXT GEN SP, LLC
> **$1.00M** approved 04/12/2020 · Paid in Full · Loan `3971567103`
## Borrower
- **Name:** NEXT GEN SP, LLC
- **Address:** 2601 W Rando Mill Rd., ARLINGTON, TX, 76012
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 186
## Lender
- **Originating:** Stone Bank
- **Servicing:** Stone Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*