PPP Loan information for Polar systems, inc

$477,379

Polar systems, inc was initially approved for PPP Loan of amount $477,379, the current approved amount is $477,379. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 28 jobs and $477,379 was used to fund payroll.

Polar systems, inc is Existing or more than 2 years old

PPP Loan Search / OR / WEST LINN / Polar systems, inc

POLAR SYSTEMS, INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POLAR SYSTEMS, INC

Borrower Address

21890 WILLAMETTE DR

Borrower City

WEST LINN

Borrower State

OR

Borrower Zip

97068

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477379.00

Current Approval Amount

477379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LINN

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97068-0001

CD

OR-05

Jobs Reported

28

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

477379.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

480561.53

Forgiveness Date

01/08/2021

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