As part of the Paycheck Protection Program NEW CHALLENGES INCORPORATED was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW CHALLENGES INCORPORATED


Loan Amount	$1,763,000
BusinessName	NEW CHALLENGES INCORPORATED
Address	4670 Slater Rd
City	Eagan
State	MN
Zip	55122
NAICSCode	623220
BusinessType	Corporation
RaceEthnicity	White
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	226
DateApproved	07/29/2020
Lender	Choice Financial Group
CD	MN-02
BusinessName.clean	NEW CHALLENGES INCORPORATED

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

APPLEWOOD LUMBER COMPANY
NEW CHOICES
APPLEXUS TECHNOLOGIES
NEW CLASSIC COOKING
NEW CLASSIC HOME FURNISHINGS