BADER MECHANICAL, INC. (IN) - 2020 PPP Loan Borrower Profile (# 6556427005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BADER MECHANICAL, 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 Indiana.

Loan Detail

Loan Number

6556427005

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$345,600

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$347,569.45

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

305,840

Health Care Proceed

39,760

Lender

First Bank Richmond

Business Detail

Business Type

Subchapter S Corporation

NAICS

811310

Borrower Location

RICHMOND, IN

Project Location

RICHMOND, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.