As part of the Paycheck Protection Program NEXEN GROUP INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEXEN GROUP INC


Loan Amount	$1,936,300
BusinessName	NEXEN GROUP INC
Address	560 Oak Grove Parkway
City	SAINT PAUL
State	MN
Zip	55127
NAICSCode	332721
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	110
DateApproved	04/08/2020
Lender	Bremer Bank, National Association
CD	MN-04
BusinessName.clean	NEXEN GROUP

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEXGEN AIR CONDITIONING AND HEATING
NEXGEN INDUSTRIAL SERVICES
NEXGEN MECHANICAL
NEXGEN PACKAGING
NEXGEN PHARMA