# PPP loan: NEWGEN AVIATION CORPORATION
> **$230K** approved 04/28/2020 · Paid in Full · Loan `7339667201`
## Borrower
- **Name:** NEWGEN AVIATION CORPORATION
- **Address:** 1002 N CHURCH ST Ste 301, GREENSBORO, NC, 27401-1449
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $159K (69%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 56
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*