BASAVE CORPORTATION (IN) - 2020 PPP Loan Borrower Profile (# 4309548300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASAVE CORPORTATION. 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

4309548300

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$19,600

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$19,774.22

Date Loan was Forgiven

Dec 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

19,600

Lender

1st Source Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

New Carlisle, IN

Project Location

New Carlisle, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.