# PPP loan: NEX GEN IV, LLC
> **$583K** approved 04/09/2020 · Paid in Full · Loan `9015257003`
## Borrower
- **Name:** NEX GEN IV, LLC
- **Address:** 181 East Halsey Road, PARSIPPANY, NJ, 07054-3731
- **NAICS:** 446120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $583K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $583K
- **Jobs reported:** 41
## Lender
- **Originating:** Somerset Regal Bank
- **Servicing:** Somerset Regal Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*