PPP Loan information for Polaris construction, inc.

$2,202,060

Polaris construction, inc. was initially approved for PPP Loan of amount $2,202,060, the current approved amount is $2,202,060. The loan was approved on 04/10/2020 by The First National Bank in DeRidder reported 193 jobs and $2,202,060 was used to fund payroll.

Polaris construction, inc. is Existing or more than 2 years old

PPP Loan Search / LA / Lake Charles / Polaris construction, inc.

POLARIS CONSTRUCTION, INC.

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POLARIS CONSTRUCTION, INC.

Borrower Address

212 Pine Street

Borrower City

Lake Charles

Borrower State

LA

Borrower Zip

70601-4237

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2202060.00

Current Approval Amount

2202060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28221

Servicing Lender Name

First National Bank in DeRidder

Servicing Lender Address

131 N Washington

Servicing Lender City

DERIDDER

Servicing Lender State

LA

Servicing Lender Zip

70634-4057

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake Charles

Project County Name

CALCASIEU

Project State

LA

Project Zip

70601-4237

CD

LA-03

Jobs Reported

193

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

220206.00

Payroll Proceed

1761648.00

Mortgage Interest Proceed

0.00

Rent Proceed

220206.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

28221

Originating Lender

First National Bank in DeRidder

Originating Lender City

DERIDDER

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2228117.71

Forgiveness Date

06/17/2021

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