# PPP loan: SP CYPRESS #1 LLC
> **$153K** approved 04/30/2020 · Paid in Full · Loan `6945307302`
## Borrower
- **Name:** SP CYPRESS #1 LLC
- **Address:** 25618 NORTHWEST FWY #3B, CYPRESS, TX, 77433
- **NAICS:** 999990
- **Business type:** Limited Liability Partnership
- **Business age:** Unanswered
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $31K
- **Utilities:** $7K
- **Health care:** $692
- **Jobs reported:** 50
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*