Challenger Freight Systems, Inc.

$777,600 PPP Loan in Grapevine, Texas

Loan Details

Loan Number
5854167101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$777,600
Current Approval
$777,600
Forgiveness Amount
$783,475
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Challenger Freight Systems, Inc.
Address
1065 Texan Trail, Ste 100
State
Texas
ZIP Code
76051-3702
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$693,000
Rent
$27,000
Utilities
$5,600
Health Care
$42,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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