# PPP loan: BRADEN BUSINESS SYSTEMS, INC.
> **$1.02M** approved 04/05/2020 · Paid in Full · Loan `5251467000`
## Borrower
- **Name:** BRADEN BUSINESS SYSTEMS, INC.
- **Address:** 8700 North Street, FISHERS, IN, 46038-2863
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Rent:** $140K
- **Mortgage interest:** $56K
- **Utilities:** $20K
- **Health care:** $15K
- **Debt interest:** $36K
- **Jobs reported:** 83
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*