PPP Loan information for Polaris home funding corp

$1,987,930

Polaris home funding corp was initially approved for PPP Loan of amount $1,987,930, the current approved amount is $1,987,930. The loan was approved on 04/11/2020 by The Fifth Third Bank reported 149 jobs and $1,987,930 was used to fund payroll.

Polaris home funding corp is New Business or 2 years or less

POLARIS HOME FUNDING CORP

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POLARIS HOME FUNDING CORP

Borrower Address

151 44TH ST SW

Borrower City

GRANDVILLE

Borrower State

MI

Borrower Zip

49418-3220

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1987930.00

Current Approval Amount

1987930.00

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

New Business or 2 years or less

Project City

GRANDVILLE

Project County Name

KENT

Project State

MI

Project Zip

49418-3220

CD

MI-02

Jobs Reported

149

NAICS Code

522294

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1987930.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2011453.84

Forgiveness Date

06/23/2021

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