# PPP loan: NXTEVENT INC
> **$201K** approved 04/04/2020 · Paid in Full · Loan `4750507010`
## Borrower
- **Name:** NXTEVENT INC
- **Address:** 100 Conifer Hill Drive, DANVERS, MA, 01923-1152
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $249K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 16
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*