PPP Loan information for Challenge plastic products, inc

$98,116

Challenge plastic products, inc was initially approved for PPP Loan of amount $102,867, the current approved amount is $98,116. The loan was approved on 04/09/2020 by The Horizon Bank reported 14 jobs and $98,116 was used to fund payroll.

Challenge plastic products, inc is Existing or more than 2 years old

PPP Loan Search / IN / EDINBURGH / Challenge plastic products, inc

CHALLENGE PLASTIC PRODUCTS, INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CHALLENGE PLASTIC PRODUCTS, INC

Borrower Address

110 W Industrial Dr

Borrower City

EDINBURGH

Borrower State

IN

Borrower Zip

46124-1457

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102867.00

Current Approval Amount

98116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EDINBURGH

Project County Name

JOHNSON

Project State

IN

Project Zip

46124-1457

CD

IN-06

Jobs Reported

14

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6541.00

Payroll Proceed

78492.80

Mortgage Interest Proceed

6541.00

Rent Proceed

6541.20

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99263.82

Forgiveness Date

07/02/2021

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