PPP Loan information for The challenge program

$85,265

The challenge program was initially approved for PPP Loan of amount $85,265, the current approved amount is $85,265. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 8 jobs and $85,265 was used to fund payroll.

The challenge program is Existing or more than 2 years old

THE CHALLENGE PROGRAM

Date Approved

01/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

THE CHALLENGE PROGRAM

Borrower Address

1124 E 7th St

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19801-4502

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85265.00

Current Approval Amount

85265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19801-4502

CD

DE-

Jobs Reported

8

NAICS Code

337212

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85265.00

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

Professional Association

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85886.38

Forgiveness Date

10/20/2021

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