As part of the Paycheck Protection Program NEXT GEN ELECTRONICS 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.

NEXT GEN ELECTRONICS INC


Loan Amount	$1,400,000
BusinessName	NEXT GEN ELECTRONICS INC
Address	1 COMTRONICS PL
City	JACKSON
State	MI
Zip	49203
NAICSCode	811219
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Female Owned
Veteran	Unanswered
NonProfit
JobsReported	115
DateApproved	04/05/2020
Lender	Flagstar Bank, FSB
CD	MI-07
BusinessName.clean	NEXT GEN ELECTRONICS

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.

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