PPP Loan information for Badru, inc.

$79,071

Badru, inc. was initially approved for PPP Loan of amount $79,071, the current approved amount is $79,071. The loan was approved on 04/11/2020 by The Volunteer State Bank reported 9 jobs and $79,071 was used to fund payroll.

Badru, inc. is Existing or more than 2 years old

BADRU, INC.

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BADRU, INC.

Borrower Address

PO Box 1214

Borrower City

Lebanon

Borrower State

TN

Borrower Zip

37088-1214

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79070.67

Current Approval Amount

79070.67

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

N

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

37088-1214

CD

TN-05

Jobs Reported

9

NAICS Code

621111

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7907.07

Payroll Proceed

63256.53

Mortgage Interest Proceed

7907.07

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

79749.36

Forgiveness Date

02/17/2021

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