# PPP loan: NEXGEN WATER SOLUTIONS LLC
> **$757K** approved 04/14/2020 · Paid in Full · Loan `7677807100`
## Borrower
- **Name:** NEXGEN WATER SOLUTIONS LLC
- **Address:** 951 CR 160, KENEDY, TX, 78119-5315
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $757K
- **Initial approval:** $757K
- **Forgiven:** $768K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $675K
- **Rent:** $72K
- **Utilities:** $10K
- **Jobs reported:** 49
## Lender
- **Originating:** Reliant Bank, A Division of United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*