# PPP loan: WEBNET MEMPHIS INC.
> **$316K** approved 04/14/2020 · Paid in Full · Loan `5915227100`
## Borrower
- **Name:** WEBNET MEMPHIS INC.
- **Address:** 5050 Poplar Ave Suite 525, Memphis, TN, 38157-0525
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 24
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*