# PPP loan: 7 CUPS OF TEA CO
> **$380K** approved 05/18/2020 · Exemption 4 · Loan `8402477408`
## Borrower
- **Name:** 7 CUPS OF TEA CO
- **Address:** 1135 MOLOKAI DRIVE, FORT MILL, SC, 29708
- **NAICS:** 621330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $98K (26%)
- **Forgiveness date:** 01/24/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 2
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*