# PPP loan: NEXGEN LLC
> **$272K** approved 05/01/2020 · Paid in Full · Loan `4687707704`
## Borrower
- **Name:** NEXGEN LLC
- **Address:** 1217 CAPE CORAL PKWY E SUITE 199, CAPE CORAL, FL, 33904
- **NAICS:** 811412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 14
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*