PPP Loan information for Challenge financial services inc

$1,259,500

Challenge financial services inc was initially approved for PPP Loan of amount $1,259,500, the current approved amount is $1,259,500. The loan was approved on 04/14/2020 by The Sunwest Bank reported 107 jobs and $1,259,500 was used to fund payroll.

Challenge financial services inc is Existing or more than 2 years old

CHALLENGE FINANCIAL SERVICES INC

Date Approved

04/14/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

CHALLENGE FINANCIAL SERVICES INC

Borrower Address

1004 W TAFT AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92865-4121

Loan Status Date

Loan Status

Exemption 4

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

1259500.00

Current Approval Amount

1259500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92865-4121

CD

CA-46

Jobs Reported

107

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

157437.00

Payroll Proceed

944625.00

Mortgage Interest Proceed

0.00

Rent Proceed

157438.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;