# PPP loan: PRECON EVENTS, LLC
> **$251K** approved 04/30/2020 · Paid in Full · Loan `7374057310`
## Borrower
- **Name:** PRECON EVENTS, LLC
- **Address:** 11910 Parklawn Drive, Rockville, MD, 20852
- **NAICS:** 541410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 17
## 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*