# PPP loan: NEXT PHASE SOLUTIONS AND SERVICES, INC.
> **$1.30M** approved 04/15/2020 · Exemption 4 · Loan `9385207105`
## Borrower
- **Name:** NEXT PHASE SOLUTIONS AND SERVICES, INC.
- **Address:** 10211 Wincopin Circle, Columbia, MD, 21044
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.07M
- **Rent:** $105K
- **Utilities:** $6K
- **Health care:** $110K
- **Debt interest:** $4K
- **Jobs reported:** 74
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*