# PPP loan: CHALLENGER DRILLING INC.
> **$346K** approved 02/08/2021 · Paid in Full · Loan `5508338402`
## Borrower
- **Name:** CHALLENGER DRILLING INC.
- **Address:** 14102 Pine Meadow Ln, Tomball, TX, 77377-6265
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 22
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*