# PPP loan: EVENT MANAGEMENT SOLUTIONS INC
> **$601K** approved 04/30/2020 · Charged Off · Loan `7226587303`
## Borrower
- **Name:** EVENT MANAGEMENT SOLUTIONS INC
- **Address:** 2872 South Santa Fe Avenue, San Marcos, CA, 92069
- **NAICS:** 713940
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $601K
- **Initial approval:** $601K
- **Forgiven:** $103K (17%)
- **Forgiveness date:** 12/10/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $76K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Jobs reported:** 44
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*