PPP Loan information for Polar power inc

$1,714,989

Polar power inc was initially approved for PPP Loan of amount $1,714,989, the current approved amount is $1,714,989. The loan was approved on 04/29/2020 by The Citibank, N.A. reported 121 jobs and $1,714,989 was used to fund payroll.

Polar power inc is Existing or more than 2 years old

PPP Loan Search / CA / GARDENA / Polar power inc

POLAR POWER INC

Date Approved

04/29/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

POLAR POWER INC

Borrower Address

249 E. GARDENA BLVD.

Borrower City

GARDENA

Borrower State

CA

Borrower Zip

90248

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1714989.00

Current Approval Amount

1714989.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARDENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90248-0001

CD

CA-43

Jobs Reported

121

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1714989.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1738224.55

Forgiveness Date

09/27/2021

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