The Challenge Machinery Company

$350,000 PPP Loan in Norton Shores, Michigan

Loan Details

Loan Number
8708528300
Date Approved
Jan 29, 2021
Loan Status
Exemption 4
Initial Approval
$350,000
Current Approval
$350,000
Forgiveness Amount
$292,235
Forgiveness Date
Sep 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Challenge Machinery Company
Address
6125 Norton Center Dr
ZIP Code
49441-6081
Business Type
Corporation
Industry (NAICS)
Manufacturing (333244)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$350,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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