Date Approved
04/13/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
CHALLENGE PRINTING CO OF THE CAROLINAS INC
Borrower Address
5905 CLYDE RHYNE DR
Borrower City
SANFORD
Borrower State
NC
Borrower Zip
27330-9508
Loan Status Date
05/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1325833.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38103-2723
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LEE
Project State
Project Zip
CD
NC-09
Jobs Reported
137
NAICS Code
323111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1337065.75
Forgiveness Date
03/01/2021