# PPP loan: EMG HOMES REAL ESTATE LLC
> **$203K** approved 05/29/2020 · Charged Off · Loan `5111077805`
## Borrower
- **Name:** EMG HOMES REAL ESTATE LLC
- **Address:** 1502 W Osborn Rd, Phoneix, AZ, 85015
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 16
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*