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
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

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