# PPP loan: CYPRESS POINT MANAGEMENT, LLC
> **$408K** approved 04/09/2020 · Charged Off · Loan `9408287002`
## Borrower
- **Name:** CYPRESS POINT MANAGEMENT, LLC
- **Address:** 2000 BERING DR Ste. 455, HOUSTON, TX, 77057-3710
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $409K (100%)
- **Forgiveness date:** 01/06/2022
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 49
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*