# PPP loan: NEXGEN BUILDING GROUP, INC.
> **$163K** approved 04/04/2020 · Paid in Full · Loan `5024237001`
## Borrower
- **Name:** NEXGEN BUILDING GROUP, INC.
- **Address:** 2810 VIA ORANGE WAY STE. C, SPRING VALLEY, CA, 91978-1741
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $213K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $13K
- **Jobs reported:** 10
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*