# PPP loan: NEW GENERATION MANAGEMENT, INC.
> **$365K** approved 04/15/2020 · Paid in Full · Loan `8735057104`
## Borrower
- **Name:** NEW GENERATION MANAGEMENT, INC.
- **Address:** 4530 Merchant Road, FORT WAYNE, IN, 46818
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Jobs reported:** 61
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*