# PPP loan: WEBSTER ETC, LLC
> **$508K** approved 04/13/2020 · Paid in Full · Loan `5414937103`
## Borrower
- **Name:** WEBSTER ETC, LLC
- **Address:** 20237 Gulf Freeway, WEBSTER, TX, 77598-4809
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $514K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $64K
- **Utilities:** $64K
- **Jobs reported:** 90
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*