# PPP loan: CYPRESS TRUST COMPANY
> **$548K** approved 04/07/2020 · Paid in Full · Loan `7291047007`
## Borrower
- **Name:** CYPRESS TRUST COMPANY
- **Address:** 251 ROYAL PALM WAY, PALM BEACH, FL, 33480-4300
- **NAICS:** 523991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Jobs reported:** 27
## Lender
- **Originating:** Flagler Bank
- **Servicing:** Flagler Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*