PPP Loan information for Badru inc

$52,436

Badru inc was initially approved for PPP Loan of amount $52,436, the current approved amount is $52,436. The loan was approved on 03/13/2021 by The Volunteer State Bank reported 10 jobs and $52,436 was used to fund payroll.

Badru inc is Existing or more than 2 years old

BADRU INC

Date Approved

03/13/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

BADRU INC

Borrower Address

521 W Main St

Borrower City

Lebanon

Borrower State

TN

Borrower Zip

37087-3460

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52436.03

Current Approval Amount

52436.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

WILSON

Project State

TN

Project Zip

37087-3460

CD

TN-06

Jobs Reported

10

NAICS Code

621111

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52432.03

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52822.02

Forgiveness Date

12/07/2021

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