# PPP loan: NEW GEN HOSPITALITY MGMT LLC
> **$333K** approved 04/07/2020 · Paid in Full · Loan `7417347010`
## Borrower
- **Name:** NEW GEN HOSPITALITY MGMT LLC
- **Address:** 675 Main St, SOUTH PORTLAND, ME, 04106-5422
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 28
## Lender
- **Originating:** Norway Savings Bank
- **Servicing:** Norway Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*