# PPP loan: NEW GENERATION FOODS, LLC
> **$1.16M** approved 05/01/2020 · Paid in Full · Loan `4014707808`
## Borrower
- **Name:** NEW GENERATION FOODS, LLC
- **Address:** 16116 US HWY 72 W, ATHENS, AL, 35611-7360
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 400
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*