PPP borrower record

NEXGEN POWER SYSTEMS, INC. PPP loan record

Public SBA PPP loan record for NEXGEN POWER SYSTEMS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$768,877
Approved amount
$773,596
Forgiven amount
2020-04-15
Date approved

Borrower and loan details

Borrower
NEXGEN POWER SYSTEMS, INC.
Loan number
9730997110
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Santa Clara
Borrower state
California
Borrower ZIP
95050
Jobs reported
53
Loan status
Paid in Full
Forgiveness date
2020-12-02
Servicing lender
Silicon Valley Bank
Originating lender
Silicon Valley Bank

Reported use of proceeds

Payroll
$723,877
Rent
N/A
Utilities
$45,000
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
NEXGEN POWER SYSTEMS, INC. PPP Loan Record | PPP Loan Map