# PPP loan: NEW GENERATION CONSTRUCTION LLC
> **$173K** approved 04/14/2020 · Paid in Full · Loan `7500897110`
## Borrower
- **Name:** NEW GENERATION CONSTRUCTION LLC
- **Address:** 273 Rockledge Road, Spruce Pine, NC, 28777
- **NAICS:** 238910
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 19
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*