PPP Loan information for Challenge electric ii, ltd.

$453,500

Challenge electric ii, ltd. was initially approved for PPP Loan of amount $453,500, the current approved amount is $453,500. The loan was approved on 04/06/2020 by The The Citizens National Bank of Bluffton reported 36 jobs and $453,500 was used to fund payroll.

Challenge electric ii, ltd. is Existing or more than 2 years old

PPP Loan Search / OH / LIMA / Challenge electric ii, ltd.

CHALLENGE ELECTRIC II, LTD.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

CHALLENGE ELECTRIC II, LTD.

Borrower Address

2050 W Breese Rd

Borrower City

LIMA

Borrower State

OH

Borrower Zip

45806

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

453500.00

Current Approval Amount

453500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53296

Servicing Lender Name

The Citizens National Bank of Bluffton

Servicing Lender Address

102 S Main St

Servicing Lender City

BLUFFTON

Servicing Lender State

OH

Servicing Lender Zip

45817-1250

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIMA

Project County Name

ALLEN

Project State

OH

Project Zip

45806-0001

CD

OH-04

Jobs Reported

36

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

453500.00

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

53296

Originating Lender

The Citizens National Bank of Bluffton

Originating Lender City

BLUFFTON

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

456132.82

Forgiveness Date

11/12/2020

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