# PPP loan: ASSOCIATED CUTTING INC
> **$607K** approved 04/10/2020 · Paid in Full · Loan `1621267108`
## Borrower
- **Name:** ASSOCIATED CUTTING INC
- **Address:** 2676 BRENNER DRIVE, DALLAS, TX, 75220-1320
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $695K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $607K
- **Jobs reported:** 50
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*