# PPP loan: NEXTWAVE CORP
> **$234K** approved 05/01/2020 · Exemption 4 · Loan `6419907708`
## Borrower
- **Name:** NEXTWAVE CORP
- **Address:** 6561 LAKERIDGE RD, LOS ANGELES, CA, 90068-1813
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $16K (7%)
- **Forgiveness date:** 01/19/2022
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 2
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*