As part of the Paycheck Protection Program POLAR TECH INDUSTRIES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

POLAR TECH INDUSTRIES, INC


Loan Amount	$1,204,500
BusinessName	POLAR TECH INDUSTRIES, INC
Address	415 E Railroad Ave
City	GENOA
State	IL
Zip	60135
NAICSCode	339999
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	119
DateApproved	04/13/2020
Lender	Heartland Bank and Trust Company
CD	IL-16
BusinessName.clean	POLAR TECH INDUSTRIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

POLARIS CONSTRUCTION
POLARIS DEVELOPMENT
POLARIS ENGINEERING
POLARIS GREYSTONE FINANCIAL GROUP
POLARIS HOME FUNDING CORP