# PPP loan: AMPEX BRANDS WEST TEXAS, LLC
> **$1.23M** approved 04/08/2020 · Paid in Full · Loan `8239287006`
## Borrower
- **Name:** AMPEX BRANDS WEST TEXAS, LLC
- **Address:** 3304 Essex Dr, RICHARDSON, TX, 75082-9708
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $922K
- **Rent:** $184K
- **Utilities:** $123K
- **Jobs reported:** 259
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*