Challenge Automotive Services

$41,000 PPP Loan in Seaford, Delaware

Loan Details

Loan Number
1003637202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$41,000
Current Approval
$41,000
Forgiveness Amount
$41,307
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Challenge Automotive Services
Address
22598 Sussex Highway
ZIP Code
19973
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811113)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$37,621
Utilities
$2,235
Health Care
$1,144

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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