PPP Loan information for Challenge printing co of the carolinas inc

$1,325,833

Challenge printing co of the carolinas inc was initially approved for PPP Loan of amount $1,325,833, the current approved amount is $1,325,833. The loan was approved on 04/13/2020 by The First Horizon Bank reported 137 jobs and $1,325,833 was used to fund payroll.

Challenge printing co of the carolinas inc is Existing or more than 2 years old

CHALLENGE PRINTING CO OF THE CAROLINAS INC

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

1325833.00

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

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-9508

CD

NC-09

Jobs Reported

137

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1325833.00

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

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1337065.75

Forgiveness Date

03/01/2021

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