# PPP loan: POLAR IT SERVICES INC
> **$681K** approved 04/15/2020 · Paid in Full · Loan `1547727203`
## Borrower
- **Name:** POLAR IT SERVICES INC
- **Address:** 6095 Marshalee Drive Suite 250, Elkridge, MD, 21075
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $689K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $681K
- **Jobs reported:** 32
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*