# PPP loan: RCM ENTERTAINMENT SERVICES INC
> **$170K** approved 04/28/2020 · Exemption 4 · Loan `9777087203`
## Borrower
- **Name:** RCM ENTERTAINMENT SERVICES INC
- **Address:** 1800 Century Park East, LOS ANGELES, CA, 90067
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $118K (69%)
- **Forgiveness date:** 01/10/2022
- **Status:** Exemption 4
- **Term:** — months
## Use of funds
- **Payroll:** $157K
- **Rent:** $13K
- **Jobs reported:** 13
## Lender
- **Originating:** Axos Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*