PPP Loan information for The challenge machinery company

$445,200

The challenge machinery company was initially approved for PPP Loan of amount $445,200, the current approved amount is $445,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 35 jobs and $445,200 was used to fund payroll.

The challenge machinery company is Existing or more than 2 years old

PPP Loan Search / MI / Norton Shores / The challenge machinery company

THE CHALLENGE MACHINERY COMPANY

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE CHALLENGE MACHINERY COMPANY

Borrower Address

6125 Norton Center Drive

Borrower City

Norton Shores

Borrower State

MI

Borrower Zip

49441-6081

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445200.00

Current Approval Amount

445200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norton Shores

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-6081

CD

MI-02

Jobs Reported

35

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356184.00

Mortgage Interest Proceed

89016.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

448056.70

Forgiveness Date

12/17/2020

;