# PPP loan: THE CHALLENGER CORPORATION
> **$218K** approved 04/07/2020 · Paid in Full · Loan `6553907001`
## Borrower
- **Name:** THE CHALLENGER CORPORATION
- **Address:** 5100 POPLAR AVE Suite 400, MEMPHIS, TN, 38137-4000
- **NAICS:** 511120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 12
## Lender
- **Originating:** Paragon Bank
- **Servicing:** Paragon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*