# PPP loan: AMPEX BRANDS OF WEST VIRGINIA, INC.
> **$717K** approved 04/06/2020 · Paid in Full · Loan `6309767005`
## Borrower
- **Name:** AMPEX BRANDS OF WEST VIRGINIA, INC.
- **Address:** 3304 ESSEX DR, RICHARDSON, TX, 75082-9708
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $717K
- **Initial approval:** $716K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $717K
- **Jobs reported:** 500
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*