# PPP loan: RSVP & ACT INC.
> **$404K** approved 04/11/2020 · Paid in Full · Loan `2972097101`
## Borrower
- **Name:** RSVP & ACT INC.
- **Address:** 2701 HARTLEE FIELD RD, DENTON, TX, 76208-3607
- **NAICS:** 624190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $507K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $15K
- **Utilities:** $9K
- **Health care:** $30K
- **Jobs reported:** 65
## 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*