Polar Tech Industries, Inc.
$1,204,500 PPP Loan in Genoa, Illinois
Loan Details
- Loan Number
- 5041707100
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,204,500
- Current Approval
- $1,204,500
- Forgiveness Amount
- $1,213,601
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Polar Tech Industries, Inc.
- Address
- 415 E Railroad Ave
- City
- Genoa
- State
- Illinois
- ZIP Code
- 60135-1248
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 119
- Estimated Revenue
- $33.2M
- Rural/Urban
- Urban
- Congressional District
- IL-11
Loan Use Breakdown
- Payroll
- $1,204,500
Lender Information
- Servicing Lender
- Heartland Bank and Trust Company
- Originating Lender
- Heartland Bank and Trust Company
Other PPP Loans in Genoa, IL
| Business | Approved | |
|---|---|---|
| Sycamore Precision, Inc. | $747,200 | |
| Avancer Homes, LLC | $527,500 | |
| Alan Browne Chevrolet | $481,446 | |
| Adkins Milk Hauling, LLC | $395,000 | |
| Service Concepts Inc. | $253,957 |
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