The Challenge Machinery Company
$445,200 PPP Loan in Norton Shores, Michigan
Loan Details
- Loan Number
- 8575617204
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $445,200
- Current Approval
- $445,200
- Forgiveness Amount
- $448,057
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Challenge Machinery Company
- Address
- 6125 Norton Center Drive
- City
- Norton Shores
- State
- Michigan
- ZIP Code
- 49441-6081
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333243)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $9.2M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $356,184
- Mortgage Interest
- $89,016
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
Other PPP Loans in Norton Shores, MI
| Business | Approved | |
|---|---|---|
| Tgw Systems, INC | $6,555,537 | |
| Hines Corporation | $4,948,119 | |
| Nichols Paper & Supply Company | $3,292,200 | |
| Acemco Incorporated | $2,000,000 | |
| M. Argueso & Co., Inc. | $1,882,420 |
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