PPP Loan information for Challenge automotive services

$41,000

Challenge automotive services was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 4 jobs and $41,000 was used to fund payroll.

Challenge automotive services is Existing or more than 2 years old

CHALLENGE AUTOMOTIVE SERVICES

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CHALLENGE AUTOMOTIVE SERVICES

Borrower Address

22598 Sussex Highway

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

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

19973-0001

CD

DE-

Jobs Reported

4

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2235.00

Payroll Proceed

37621.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1144.00

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

41306.66

Forgiveness Date

01/20/2021

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