# PPP loan: CYPRESS IT PROS
> **$500K** approved 04/14/2020 · Paid in Full · Loan `7653587101`
## Borrower
- **Name:** CYPRESS IT PROS
- **Address:** 25950 Hwy 290, Suite D, Cypress, TX, 77429
- **NAICS:** 811219
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $508K (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 49
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*