# PPP loan: BACHIERO EVENT SERVICES INC.
> **$255K** approved 05/01/2020 · Charged Off · Loan `8030917701`
## Borrower
- **Name:** BACHIERO EVENT SERVICES INC.
- **Address:** 22631 Kathryn Avenue, Torrance, CA, 90505
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $176K (69%)
- **Forgiveness date:** 09/27/2022
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 10
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*