# PPP loan: THE CUPBOARD, INC.
> **$252K** approved 04/14/2020 · Paid in Full · Loan `6003917108`
## Borrower
- **Name:** THE CUPBOARD, INC.
- **Address:** 1400 UNION AVE, MEMPHIS, TN, 38104-3623
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Utilities:** $31K
- **Health care:** $9K
- **Jobs reported:** 52
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*