PPP Loan information for Challenge electric ii ltd

$453,450

Challenge electric ii ltd was initially approved for PPP Loan of amount $453,450, the current approved amount is $453,450. The loan was approved on 01/27/2021 by The Premier Bank reported 36 jobs and $453,450 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

01/27/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

CHALLENGE ELECTRIC II LTD

Borrower Address

2050 W Breese Rd

Borrower City

Lima

Borrower State

OH

Borrower Zip

45806-1710

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

453450.00

Current Approval Amount

453450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

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

45806-1710

CD

OH-04

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

453450.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458450.55

Forgiveness Date

03/02/2022

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