PPP Loan information for Polar controls inc.

$137,965

Polar controls inc. was initially approved for PPP Loan of amount $137,965, the current approved amount is $137,965. The loan was approved on 02/12/2021 by The Bay State Savings Bank reported 7 jobs and $137,965 was used to fund payroll.

Polar controls inc. is Existing or more than 2 years old

POLAR CONTROLS INC.

Date Approved

02/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

POLAR CONTROLS INC.

Borrower Address

2 Shaker Rd Ste F220

Borrower City

Shirley

Borrower State

MA

Borrower Zip

01464-2512

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137964.65

Current Approval Amount

137964.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shirley

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01464-2512

CD

MA-03

Jobs Reported

7

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

137962.65

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138796.27

Forgiveness Date

09/28/2021

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