# PPP loan: NEXTGEN AERONAUTICS INC.
> **$272K** approved 02/12/2021 · Exemption 4 · Loan `7844978404`
## Borrower
- **Name:** NEXTGEN AERONAUTICS INC.
- **Address:** 4030 Spencer St Ste 108, Torrance, CA, 90503-2463
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 20
## Lender
- **Originating:** Hanmi Bank
- **Servicing:** Capital Plus Financial, LLC (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*