# PPP loan: THE LEGENDARY SERVICE GROUP, INC.
> **$988K** approved 06/24/2020 · Exemption 4 · Loan `2989018004`
## Borrower
- **Name:** THE LEGENDARY SERVICE GROUP, INC.
- **Address:** 383 Ridgedale Ave. Suite 4, East Hanover, NJ, 07936
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $988K
- **Initial approval:** $988K
- **Forgiven:** $494K (50%)
- **Forgiveness date:** 05/19/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $790K
- **Rent:** $99K
- **Utilities:** $49K
- **Health care:** $49K
- **Jobs reported:** 186
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*