# PPP loan: NEXT GENERATION ACADEMY INC.
> **$221K** approved 07/20/2020 · Paid in Full · Loan `5898038106`
## Borrower
- **Name:** NEXT GENERATION ACADEMY INC.
- **Address:** 3740 S Holden Rd, Greensboro, NC, 27406-9587
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $225K (102%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 64
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*