The Challenge Machinery Company
6125 Norton Center Dr, Muskegon, MI 49441 · Sawmill, Woodworking, and Paper Machinery Manufacturing (NAICS 333243)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$2.6M
Jobs Supported
0
Years Active
2014–2014
Loan History (2)
Source: SBA FOIA7(a)$2,500,000
Paid in Full
- Approved
- Jun 5, 2014 (FY2014)
- SBA Guaranteed
- $1,875,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 3.25%
- Revolver
- 1
- Business Type
- Corporation
- Industry
- Sawmill, Woodworking, and Paper Machinery Manufacturing (NAICS 333243)
- Paid in Full
- May 31, 2024
Lender
Comerica Bank
1717 Main St, Dallas, TX 75201
Project Location
Muskegon County, MI
7(a)$70,100
Paid in Full
- Approved
- Feb 11, 2014 (FY2014)
- SBA Guaranteed
- $35,050 (50%)
- Term
- 66 months (5.5 yrs)
- Interest Rate
- 7.15%
- Revolver
- 0
- Business Type
- Corporation
- Industry
- Other Commercial and Service Industry Machinery Manufacturing (NAICS 333318)
- Paid in Full
- Jun 30, 2014
Lender
Jpmorgan Chase Bank, National Association
1111 Polaris Pkwy, Columbus, OH 43240
Project Location
Muskegon County, MI
Business Details
- Business Type
- Corporation
- NAICS Code
- 333243 — Sawmill, Woodworking, and Paper Machinery Manufacturing
- Address
- 6125 Norton Center Dr
Muskegon, MI 49441
Lenders
- Comerica Bank
- 1717 Main St, Dallas, TX 75201
- Jpmorgan Chase Bank, National Association
- 1111 Polaris Pkwy, Columbus, OH 43240