# PPP loan: NEXGRILL INDUSTRIES INC.
> **$890K** approved 01/25/2021 · Paid in Full · Loan `5821888301`
## Borrower
- **Name:** NEXGRILL INDUSTRIES INC.
- **Address:** 14050 Laurelwood Pl, Chino, CA, 91710-5454
- **NAICS:** 335220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $896K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $890K
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*