PPP Loan information for Polar heating and air conditioning inc

$423,414

Polar heating and air conditioning inc was initially approved for PPP Loan of amount $423,414, the current approved amount is $423,414. The loan was approved on 01/25/2021 by The Town Center Bank reported 74 jobs and $423,414 was used to fund payroll.

Polar heating and air conditioning inc is Existing or more than 2 years old

PPP Loan Search / IL / Orland Park / Polar heating and air conditioning inc

POLAR HEATING AND AIR CONDITIONING INC

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

POLAR HEATING AND AIR CONDITIONING INC

Borrower Address

13801 Southwest Hwy

Borrower City

Orland Park

Borrower State

IL

Borrower Zip

60462-1354

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423414.00

Current Approval Amount

423414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443578

Servicing Lender Name

Town Center Bank

Servicing Lender Address

20181 S LaGrange Rd

Servicing Lender City

FRANKFORT

Servicing Lender State

IL

Servicing Lender Zip

60423-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orland Park

Project County Name

COOK

Project State

IL

Project Zip

60462-1354

CD

IL-06

Jobs Reported

74

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

423412.00

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

443578

Originating Lender

Town Center Bank

Originating Lender City

FRANKFORT

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

425413.46

Forgiveness Date

07/19/2021

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