# PPP loan: NEW LEGEND, INC
> **$1.91M** approved 08/04/2020 · Charged Off · Loan `3457458207`
## Borrower
- **Name:** NEW LEGEND, INC
- **Address:** STE B 3617 W CAMBRIDGE AVE, PHOENIX, AZ, 85009
- **NAICS:** 485999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $1.91M
- **Jobs reported:** 388
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*