# PPP loan: ANCORTEX INC
> **$716K** approved 02/24/2021 · Paid in Full · Loan `3909168510`
## Borrower
- **Name:** ANCORTEX INC
- **Address:** 2695 Villa Creek Dr, Dallas, TX, 75234-7328
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $716K
- **Jobs reported:** 100
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*