# PPP loan: CHOURA EVENTS
> **$330K** approved 04/05/2020 · Paid in Full · Loan `5576937008`
## Borrower
- **Name:** CHOURA EVENTS
- **Address:** 540 Hawaii Ave, TORRANCE, CA, 90503-5148
- **NAICS:** 532310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $1.88M
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $20K
- **Utilities:** $9K
- **Debt interest:** $600
- **Jobs reported:** 6
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*