# PPP loan: NEXGEN COMPOUNDING & RESEARCH LABORATORIES LLC
> **$312K** approved 04/14/2020 · Paid in Full · Loan `7835407105`
## Borrower
- **Name:** NEXGEN COMPOUNDING & RESEARCH LABORATORIES LLC
- **Address:** 2005 FORT WORTH HWY STE 100, WEATHERFORD, TX, 76086-0001
- **NAICS:** 325412
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $62K
- **Jobs reported:** 13
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*