PPP Loan information for Polarstar engineering & machine

$115,555

Polarstar engineering & machine was initially approved for PPP Loan of amount $115,555, the current approved amount is $115,555. The loan was approved on 05/21/2020 by The WebBank reported 11 jobs and $115,555 was used to fund payroll.

Polarstar engineering & machine is Existing or more than 2 years old

POLARSTAR ENGINEERING & MACHINE

Date Approved

05/21/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

POLARSTAR ENGINEERING & MACHINE

Borrower Address

5 Garfield Way

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713-3450

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115555.00

Current Approval Amount

115555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-3450

CD

DE-

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115555.00

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

Limited Liability Partnership

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

117333.26

Forgiveness Date

12/02/2021

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