# PPP loan: AMPEX BRANDS OF OKC INC
> **$1.45M** approved 04/08/2020 · Paid in Full · Loan `8282417003`
## Borrower
- **Name:** AMPEX BRANDS OF OKC INC
- **Address:** 3304 ESSEX DR, RICHARDSON, TX, 75082-9708
- **NAICS:** 722513
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $145K
- **Utilities:** $145K
- **Debt interest:** $72K
- **Jobs reported:** 500
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*