# PPP loan: AMERICAN USED CLOTHING INC.
> **$630K** approved 03/25/2021 · Paid in Full · Loan `8556778610`
## Borrower
- **Name:** AMERICAN USED CLOTHING INC.
- **Address:** 13411 Gulf Fwy, Houston, TX, 77034-4835
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $630K
- **Utilities:** $1
- **Jobs reported:** 178
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*