PPP Loan information for Polarity electric, inc.

$328,883

Polarity electric, inc. was initially approved for PPP Loan of amount $328,883, the current approved amount is $328,883. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 23 jobs and $328,883 was used to fund payroll.

Polarity electric, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Polarity electric, inc.

POLARITY ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POLARITY ELECTRIC, INC.

Borrower Address

4922 146TH AVE

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328882.50

Current Approval Amount

328882.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-0002

CD

MI-02

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328882.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334126.35

Forgiveness Date

11/26/2021

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