# PPP loan: CHALLENGER CONCEPTS INC.
> **$549K** approved 03/12/2021 · Paid in Full · Loan `9283398503`
## Borrower
- **Name:** CHALLENGER CONCEPTS INC.
- **Address:** 6215 Heritage Ct NE, Georgetown, IN, 47122-7780
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $549K
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*