# PPP loan: SOUTH CYPRESS INC.
> **$307K** approved 04/02/2021 · Paid in Full · Loan `5022888708`
## Borrower
- **Name:** SOUTH CYPRESS INC.
- **Address:** 2717 2nd Ave S Ste C, Birmingham, AL, 35233-2700
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*