Challenge Design Innovations INC

$158,225 PPP Loan in Newland, North Carolina

Loan Details

Loan Number
5692717401
Date Approved
May 12, 2020
Loan Status
Paid in Full
Initial Approval
$158,225
Current Approval
$148,225
Forgiveness Amount
$150,073
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Challenge Design Innovations INC
Address
1021 Old Jonas Ridge Rd
ZIP Code
28657
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$125,991
Rent
$9,635
Utilities
$12,599

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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