As part of the Paycheck Protection Program NEXGEN MECHANICAL 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.

NEXGEN MECHANICAL INC


Loan Amount	$1,349,800
BusinessName	NEXGEN MECHANICAL INC
Address	205 HALLENE RD 106
City	WARWICK
State	RI
Zip	2886
NAICSCode	236220
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	51
DateApproved	04/11/2020
Lender	Webster Bank, National Association
CD	RI-02
BusinessName.clean	NEXGEN MECHANICAL

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 PACKAGING
NEXGEN PHARMA
NEXGEN UTILITY SOLUTIONS
NEXGEN VENTURES
NEXIENT