# PPP loan: NUGEN GROUP, INC.
> **$634K** approved 04/15/2020 · Paid in Full · Loan `9028497102`
## Borrower
- **Name:** NUGEN GROUP, INC.
- **Address:** PO BOX 193728, SAN JUAN, PR, 00919-3728
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Rent:** $40K
- **Utilities:** $119K
- **Jobs reported:** 218
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*