BARADA ASSOCIATES, INC. (IN) - 2020 PPP Loan Borrower Profile (# 6602097102)

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

6602097102

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$185,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$186,065.83

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,412

Payroll Proced

171,698.98

Rent Proceed

8,889.02

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Corporation

NAICS

561311

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.