# PPP loan: WRIGHT INVESTMENTS, INC
> **$509K** approved 04/08/2020 · Paid in Full · Loan `8590357000`
## Borrower
- **Name:** WRIGHT INVESTMENTS, INC
- **Address:** 850 RIDGE LAKE BLVD Ste. 401, MEMPHIS, TN, 38120-9408
- **NAICS:** 531311
- **Business type:** Independent Contractors
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $509K
- **Jobs reported:** 29
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*