PPP Loan information for Polar block sales inc

$705,200

Polar block sales inc was initially approved for PPP Loan of amount $705,200, the current approved amount is $705,200. The loan was approved on 04/10/2020 by The Morton Community Bank reported 88 jobs and $705,200 was used to fund payroll.

Polar block sales inc is Existing or more than 2 years old

PPP Loan Search / IL / PEORIA / Polar block sales inc

POLAR BLOCK SALES INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POLAR BLOCK SALES INC

Borrower Address

3307 FARMINGTON RD

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61604-4701

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

705200.00

Current Approval Amount

705200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61604-4701

CD

IL-16

Jobs Reported

88

NAICS Code

423740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

705200.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

711821.04

Forgiveness Date

03/25/2021

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