# PPP loan: NEXT-GEN SUPPLY GROUP INC.
> **$1.35M** approved 04/28/2020 · Paid in Full · Loan `7637937208`
## Borrower
- **Name:** NEXT-GEN SUPPLY GROUP INC.
- **Address:** 11 NORFOLK ST, Unit 3, MANSFIELD, MA, 02048-1874
- **NAICS:** 325612
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $849K
- **Utilities:** $4K
- **Jobs reported:** 80
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*