BRADEN BUSINESS SYSTEMS, INC. (IN) - 2020 PPP Loan Borrower Profile (# 5251467000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BRADEN BUSINESS SYSTEMS, 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

5251467000

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,016,962

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$1,022,724.59

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

19,862

Payroll Proced

750,000

Mortgage Interest Proceed

56,100

Rent Proceed

140,000

Health Care Proceed

15,000

Debt Interest Proceed

36,000

Lender

Lake City Bank

Business Detail

Business Type

Corporation

NAICS

423420

Borrower Location

FISHERS, IN

Project Location

FISHERS, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.