PPP Loan information for Polar mechanical corp

$339,767

Polar mechanical corp was initially approved for PPP Loan of amount $339,767, the current approved amount is $339,767. The loan was approved on 01/27/2021 by The Valley National Bank reported 28 jobs and $339,767 was used to fund payroll.

Polar mechanical corp is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Polar mechanical corp

POLAR MECHANICAL CORP

Date Approved

01/27/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

POLAR MECHANICAL CORP

Borrower Address

221 51st St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11220-1712

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339767.00

Current Approval Amount

339767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11220-1712

CD

NY-10

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

339765.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

342824.90

Forgiveness Date

12/23/2021

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