# PPP loan: THE CUPBOARD RESTAURANT INC.
> **$354K** approved 01/29/2021 · Paid in Full · Loan `8242768310`
## Borrower
- **Name:** THE CUPBOARD RESTAURANT INC.
- **Address:** 1400 Union Ave, Memphis, TN, 38104-3623
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $354K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*