# PPP loan: LEGEND NISSAN, LTD
> **$1.04M** approved 04/10/2020 · Paid in Full · Loan `1856387103`
## Borrower
- **Name:** LEGEND NISSAN, LTD
- **Address:** 268 Jericho Tpke 0.0, Syosset, NY, 11791-4540
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $697K
- **Rent:** $130K
- **Utilities:** $62K
- **Health care:** $61K
- **Debt interest:** $85K
- **Jobs reported:** 68
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*