# PPP loan: WILLOWBEND INVESTMENTS INC
> **$1.48M** approved 02/22/2021 · Exemption 4 · Loan `2937028506`
## Borrower
- **Name:** WILLOWBEND INVESTMENTS INC
- **Address:** 4000 Henry S Grace Fwy, Wichita Falls, TX, 76302-2200
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $998K (67%)
- **Forgiveness date:** 01/24/2023
- **Status:** Exemption 4
- **Term:** 82 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*