Not trying to do an apples to oranges thing. Even though it might seem that way at first.
When I put the 396 big block and a 1995 NV4500 in my M715. I used the 1995 Chevy master, line and slave. I actually left them intact and removed them from the Chevy as a unit. I then installed them as a unit on the M715. All kind of fabrication for the firewall and pedal to work.
Every thing worked great for 3 years of hard driving. Then one of the springs on the clutch broke and lodged itself into the pressure plate fingers. I decided to replace the master and slave while putting in a new clutch disc.
I had the exact same problem you are. Air was bled out of the line, the throw out arm was moving but the clutch wasn’t being a clutch. Just an ON. I took the transmission back out thinking I had put the disc on backwards or messed up the pilot bearing. Nope. All back together again and it just wasn’t getting enough travel to work.
My then 10 year old son was of course helping me. As we laid under the truck talking about what wasn’t happening he asked me “How does the slave know how far to travel?” I laughed, thought, laughed again and then realized he had a good point. I unbolted the slave, had him push the pedal slowly until the pushrod went as far as I was comfortable. Then he let go of the pedal, I waited a moment and then had to really, really push hard on the slave cylinder to get it back into position. Once bolted down it worked perfect.
Mine was starting too far away from the throw out arm to finish the job. Extending it and forcing it back to a new more forward starting position did the trick.