| Badger Color Concentrates WI | Manufacturing | 0 | — | F |
| Badger Construction FL | Construction | 0 | — | F |
| Badger Corrugating Company WI | Wholesale Trade | 0 | — | F |
| Badger Custom Pallet WI | Manufacturing | 0 | — | A |
| Badger Environmental & Earthworks, Inc. WI | Construction | 0 | — | A |
| Badger Evergreen Nursery LLC MI | Agriculture & Forestry | 0 | — | A |
| Badger Express LLC WI | Transportation & Warehousing | 0 | — | B |
| Badger Federal Services WI | Transportation & Warehousing | 0 | — | A |
| Badger Foundry Co. MN | Manufacturing | 0 | — | F |
| Badger Independent School District No. 676 MN | Educational Services | 1 | $71,075 | — |
| Badger Industrial Trucks Inc WI | Wholesale Trade | 0 | — | F |
| Badger Liquor WI | Wholesale Trade | 0 | — | D |
| Badger Meter, Inc. dba National Meter & CA | — | 0 | — | — |
| Badger Mining Corporation WI | Mining & Extraction | 0 | — | A |
| Badger Plastics & Supply, Inc WI | Manufacturing | 0 | — | D |
| Badger Plug Company WI | Manufacturing | 0 | — | F |
| Badger Precision Cut Stock Inc WI | Manufacturing | 0 | — | F |
| Badger Railing Inc. WI | Manufacturing | 0 | — | F |
| Badger Scaffolding WI | Construction | 0 | — | A |
| Badger Sheet Metal Works WI | Manufacturing | 0 | — | F |
| Badger State Ethanol WI | Manufacturing | 0 | — | F |
| Badger State Fruit Processing, Inc. WI | Manufacturing | 0 | — | A |
| Badger State Kiln & Hardwoods LLC WI | Manufacturing | 0 | — | F |
| Badger State Western, Inc. WI | Transportation & Warehousing | 0 | — | A |
| Badger Tag & Label Corp. WI | Manufacturing | 0 | — | F |
| BADGER TAG AND LABEL CORPORATI WI | Manufacturing | 0 | — | A |
| BADGER TAG AND LABEL CORPORATION WI | Manufacturing | 0 | — | A |
| Badger Technologies, Inc NY | — | 0 | — | — |
| Badger Trailer & Equipment dba Thermo King of Southeast Wisconsin WI | Wholesale Trade | 0 | — | F |
| Badger Truck and Automotive Group, Inc. WI | — | 0 | — | — |
| Badger Truck Refrigeration Inc WI | Wholesale Trade | 0 | — | D |
| Badgerland - De Pere WI | Wholesale Trade | 0 | — | F |
| Badgerland - Hartland WI | Wholesale Trade | 0 | — | F |
| Badgerland - Madison WI | Wholesale Trade | 0 | — | F |
| Badgerland Connections WI | Construction | 0 | — | A |
| Badgerland De Pere WI | Wholesale Trade | 0 | — | F |
| Badgerland Hartland WI | Wholesale Trade | 0 | — | F |
| Badgerland Madison WI | Wholesale Trade | 0 | — | F |
| Badgett Constructors LLC KY | Construction | 0 | — | A |
| BADIA SPICES INC FL | Manufacturing | 0 | — | B |
| BAE Industries, Inc. MI | Manufacturing | 1 | $73,798 | F |
| BAE Systems AK | — | 0 | — | — |
| BAE Systems CA | Manufacturing | 0 | — | F |
| BAE Systems HI | — | 0 | — | — |
| BAE Systems KS | Manufacturing | 0 | — | F |
| BAE Systems KY | — | 0 | — | — |
| BAE Systems MD | — | 0 | — | — |
| BAE SYSTEMS MI | Manufacturing | 0 | — | A |
| BAE Systems MS | — | 0 | — | — |
| BAE Systems OH | — | 0 | — | — |
