# PPP loan: NEXTGEN RF DESIGN INC
> **$362K** approved 04/06/2020 · Paid in Full · Loan `5968277010`
## Borrower
- **Name:** NEXTGEN RF DESIGN INC
- **Address:** 2130 Howard Drive, NORTH MANKATO, MN, 56003-4437
- **NAICS:** 334417
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $50K
- **Utilities:** $22K
- **Jobs reported:** 18
## Lender
- **Originating:** Keen Bank National Association
- **Servicing:** Keen Bank National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*