# PPP loan: NEXGEN COMMUNICATIONS INC
> **$210K** approved 03/06/2021 · Paid in Full · Loan `7491368500`
## Borrower
- **Name:** NEXGEN COMMUNICATIONS INC
- **Address:** 70 Cathy Ln Unit 2 70 Cathy Ln Unit 2, Burlington, NJ, 08016-9720
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Jobs reported:** 14
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*