PPP Loan information for Challenge automation, llc

$299,300

Challenge automation, llc was initially approved for PPP Loan of amount $299,300, the current approved amount is $299,300. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 24 jobs and $299,300 was used to fund payroll.

Challenge automation, llc is Existing or more than 2 years old

CHALLENGE AUTOMATION, LLC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHALLENGE AUTOMATION, LLC

Borrower Address

2725 Old Belden Circle Suite D

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38801-7006

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299300.00

Current Approval Amount

299300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38801-7006

CD

MS-01

Jobs Reported

24

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40549.36

Payroll Proceed

251737.64

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7013.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301013.80

Forgiveness Date

11/05/2020

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