PPP Loan information for Buy rite, inc.

$875,000

Buy rite, inc. was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 04/07/2020 by The The National Bank of Indianapolis reported 160 jobs and $875,000 was used to fund payroll.

Buy rite, inc. is Existing or more than 2 years old

BUY RITE, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUY RITE, INC.

Borrower Address

5346 Pike Plaza Blvd

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46254-3007

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118844

Servicing Lender Name

The National Bank of Indianapolis

Servicing Lender Address

107 N Pennsylvania St, Ste 100

Servicing Lender City

INDIANAPOLIS

Servicing Lender State

IN

Servicing Lender Zip

46204-2406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46254-3007

CD

IN-07

Jobs Reported

160

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

875000.00

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

Corporation

Originating Lender Location Id

118844

Originating Lender

The National Bank of Indianapolis

Originating Lender City

INDIANAPOLIS

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

879842.47

Forgiveness Date

11/03/2020

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