BARADA ASSOCIATES INC (IN) - 2020 PPP Loan Borrower Profile (# 4076658307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARADA ASSOCIATES 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

4076658307

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$185,000

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$186,387.5

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

184,995

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Corporation

NAICS

541612

Borrower Location

Rushville, IN

Project Location

Rushville, 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.