PPP Loan information for Polaris project

$1,385,860

Polaris project was initially approved for PPP Loan of amount $1,385,860, the current approved amount is $1,385,860. The loan was approved on 04/27/2020 by The EagleBank reported 138 jobs and $1,385,860 was used to fund payroll.

Polaris project is New Business or 2 years or less

PPP Loan Search / DC / WASHINGTON / Polaris project

POLARIS PROJECT

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POLARIS PROJECT

Borrower Address

1660 L ST NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1385860.00

Current Approval Amount

1385860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-0085

CD

DC-

Jobs Reported

138

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1385860.00

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

Non-Profit Organization

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1402528.82

Forgiveness Date

07/07/2021

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