# PPP loan: NXT TELCOM SERVICES, INC
> **$198K** approved 04/28/2020 · Paid in Full · Loan `7040927202`
## Borrower
- **Name:** NXT TELCOM SERVICES, INC
- **Address:** 704 228TH AVE NE, SUITE 124, Sammamish, WA, 98074-98
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 21
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*