PPP Loan information for Polaris development corporation

$1,075,182

Polaris development corporation was initially approved for PPP Loan of amount $1,075,182, the current approved amount is $1,075,182. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 90 jobs and $1,075,182 was used to fund payroll.

Polaris development corporation is New Business or 2 years or less

PPP Loan Search / MD / ELKRIDGE / Polaris development corporation

POLARIS DEVELOPMENT CORPORATION

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POLARIS DEVELOPMENT CORPORATION

Borrower Address

6675 AMBERTON DR STE 1

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-6204

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1075182.00

Current Approval Amount

1075182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-6204

CD

MD-03

Jobs Reported

90

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1075182.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1097098.04

Forgiveness Date

05/19/2022

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