# PPP loan: POLAR BEAR INSULATION CO. INC.
> **$150K** approved 04/29/2020 · Paid in Full · Loan `2540147306`
## Borrower
- **Name:** POLAR BEAR INSULATION CO. INC.
- **Address:** 52 S CANAL ST, LAWRENCE, MA, 01843
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 10
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*