PPP Loan information for Polar refrigeration, heating & cooling inc.

$72,046

Polar refrigeration, heating & cooling inc. was initially approved for PPP Loan of amount $72,046, the current approved amount is $72,046. The loan was approved on 04/16/2020 by The First Merchants Bank reported 12 jobs and $72,046 was used to fund payroll.

Polar refrigeration, heating & cooling inc. is Existing or more than 2 years old

POLAR REFRIGERATION, HEATING & COOLING INC.

Date Approved

04/16/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POLAR REFRIGERATION, HEATING & COOLING INC.

Borrower Address

8871 W 1300 N PO Box 166

Borrower City

DeMotte

Borrower State

IN

Borrower Zip

46310

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72046.34

Current Approval Amount

72046.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DeMotte

Project County Name

JASPER

Project State

IN

Project Zip

46310-0001

CD

IN-04

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72046.34

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72685.87

Forgiveness Date

03/15/2021

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