Polar Power INC

$1,714,989 PPP Loan in Gardena, California

Loan Details

Loan Number
3482487309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,714,989
Current Approval
$1,714,989
Forgiveness Amount
$1,738,225
Forgiveness Date
Sep 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Polar Power INC
Address
249 E. Gardena Blvd.
ZIP Code
90248
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$31.7M
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$1,714,989

Lender Information

Servicing Lender
Citibank, N.a.
Originating Lender
Citibank, N.a.

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