# PPP loan: POLARIS CONSTRUCTION, INC.
> **$2.20M** approved 04/10/2020 · Paid in Full · Loan `1850787104`
## Borrower
- **Name:** POLARIS CONSTRUCTION, INC.
- **Address:** 212 Pine Street, Lake Charles, LA, 70601-4237
- **NAICS:** 237120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.23M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.76M
- **Rent:** $220K
- **Utilities:** $220K
- **Jobs reported:** 193
## Lender
- **Originating:** First National Bank in DeRidder
- **Servicing:** First National Bank in DeRidder (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*