# PPP loan: THE PREFERRED LEGACY TRUST COMPANY
> **$156K** approved 04/15/2020 · Paid in Full · Loan `2197347200`
## Borrower
- **Name:** THE PREFERRED LEGACY TRUST COMPANY
- **Address:** 4840 HIGBEE AVE, CANTON, OH, 44718-2528
- **NAICS:** 525920
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 9
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*