# PPP loan: NEWGEN ASSETS LLC
> **$173K** approved 01/25/2021 · Paid in Full · Loan `5384638308`
## Borrower
- **Name:** NEWGEN ASSETS LLC
- **Address:** 663 S Annie Glidden Rd, DeKalb, IL, 60115-5839
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Resource Bank, National Association
- **Servicing:** Resource Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*