PPP Loan information for Challenge sailcloth inc.

$299,067

Challenge sailcloth inc. was initially approved for PPP Loan of amount $299,067, the current approved amount is $299,067. The loan was approved on 01/28/2021 by The Webster Bank National Association reported 25 jobs and $299,067 was used to fund payroll.

Challenge sailcloth inc. is Existing or more than 2 years old

PPP Loan Search / CT / South Windsor / Challenge sailcloth inc.

CHALLENGE SAILCLOTH INC.

Date Approved

01/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CHALLENGE SAILCLOTH INC.

Borrower Address

560 Nutmeg Rd N

Borrower City

South Windsor

Borrower State

CT

Borrower Zip

06074-2458

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299067.00

Current Approval Amount

299067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Windsor

Project County Name

HARTFORD

Project State

CT

Project Zip

06074-2458

CD

CT-01

Jobs Reported

25

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299062.00

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

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

302180.57

Forgiveness Date

02/25/2022

;