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
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

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