# PPP loan: NEW LEGACY GROUP LLC
> **$222K** approved 04/27/2020 · Paid in Full · Loan `4072877201`
## Borrower
- **Name:** NEW LEGACY GROUP LLC
- **Address:** 275 MADISON AVE 39th Floor, NEW YORK, NY, 10016-1132
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 8
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*