# PPP loan: ANCORTEX, INC.
> **$548K** approved 04/11/2020 · Paid in Full · Loan `3561847101`
## Borrower
- **Name:** ANCORTEX, INC.
- **Address:** 2695 VILLA CREEK DR # 108DT, DALLAS, TX, 75234-7328
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Jobs reported:** 68
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*