CHALLENGE SOLUTIONS INC (NM) - 2020 PPP Loan Borrower Profile (# 6213678603)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHALLENGE SOLUTIONS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Mexico.

Loan Detail

Loan Number

6213678603

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$5,305

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$5,337.27

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,299

Lender

Customers Bank

Business Detail

Business Type

Corporation

NAICS

541870

Borrower Location

Rio Rancho, NM

Project Location

Rio Rancho, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.