# PPP loan: NEUTEX ADVANCED ENERGY GROUP INC
> **$160K** approved 03/12/2021 · Charged Off · Loan `9233058508`
## Borrower
- **Name:** NEUTEX ADVANCED ENERGY GROUP INC
- **Address:** 14340 Torrey Chase Blvd Ste 250, Houston, TX, 77014-1047
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*