# PPP loan: LEGACY OF EXCELLENCE INC
> **$1.17M** approved 04/29/2020 · Paid in Full · Loan `2268547308`
## Borrower
- **Name:** LEGACY OF EXCELLENCE INC
- **Address:** 1116 JEFFERSON AVE, NEW ORLEANS, LA, 70115-3012
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $877K
- **Utilities:** $292K
- **Jobs reported:** 97
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*