# PPP loan: NEXT ENERGY TECHNOLOGIES INC.
> **$485K** approved 04/30/2020 · Paid in Full · Loan `4719137302`
## Borrower
- **Name:** NEXT ENERGY TECHNOLOGIES INC.
- **Address:** 600 Ward Drive, Suite C, Santsa Barbara, CA, 93111-2300
- **NAICS:** 221114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Jobs reported:** 28
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*