PPP Loan information for Challenge automotive service inc

$41,090

Challenge automotive service inc was initially approved for PPP Loan of amount $41,090, the current approved amount is $41,090. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 5 jobs and $41,090 was used to fund payroll.

Challenge automotive service inc is Existing or more than 2 years old

CHALLENGE AUTOMOTIVE SERVICE INC

Date Approved

01/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CHALLENGE AUTOMOTIVE SERVICE INC

Borrower Address

22598 Sussex Hwy

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973-5835

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41090.00

Current Approval Amount

41090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seaford

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-5835

CD

DE-

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41088.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41525.67

Forgiveness Date

02/25/2022

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