When you’re a failed Senate candidate $1 million in debt, things may seem bleak.

But if you’re Ed Gillespie it pays to have been the former head of your party and a co-founder of a major super PAC that has funneled well over $100 million into campaigns.

Loop friend Dave Levinthal of the Center for Public Integrity obtained an invitation to a “campaign debt retirement reception” for Gillespie — former RNC chairman and co-founder of American Crossroads — here in Washington next week where Republican big guns will be in attendance to help their friend climb out of the red.

Former Mississippi governor Haley Barbour is co-hosting the event at the office of his lobbying firm BGR Group along with other executives there. And if you pay the admission fee ($5,200 for a host couple, $2,600 for a host individual, $1,000 to sponsor, $500 for a ticket and $250 for a young professional), you get to rub elbows with some Senate heavy hitters: Majority Leader Mitch McConnell (R-Ky.), Shelley Moore Capito (R-W.Va.), Cory Gardner (R-Colo.) and Rob Portman (R-Ohio).

But his friends are limited in how much they can help him, Levinthal writes. Gillespie, who ended up narrowing the gap to almost beat incumbent Sen. Mark Warner (D-Va.) in November, lent his struggling campaign almost $1 million of his own money. Once 20 days have passed since the election, federal campaign finance law only allows him to repay himself up to $250,000 from his campaign account.

So, even with all his high-powered help, Gillespie will most likely lose nearly three-quarters of a million dollars — in addition to losing the race.

Okay, so maybe things are bleak no matter how good your friends are.