BASIT TEAM INVESTMENTS LLC (IN) - 2020 PPP Loan Borrower Profile (# 8541527704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIT TEAM INVESTMENTS LLC. 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
8541527704
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$12,957
Date Loan was Approved
May 1, 2020
Amount Forgiven
$13,154.82
Date Loan was Forgiven
Apr 27, 2022
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
12,957
Lender
Cross River Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
523910
Borrower Location
Indianapolis, IN
Project Location
Indianapolis, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.