# PPP loan: CHALLENGER LIGHTING COMPANY INC
> **$494K** approved 01/19/2021 · Paid in Full · Loan `1812738302`
## Borrower
- **Name:** CHALLENGER LIGHTING COMPANY INC
- **Address:** 1400 Kingsland Dr, Batavia, IL, 60510-1375
- **NAICS:** 335122
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $494K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*