# PPP loan: POLAR BEAR ENERGY SOLUTIONS, INC
> **$764K** approved 04/29/2020 · Paid in Full · Loan `4009797307`
## Borrower
- **Name:** POLAR BEAR ENERGY SOLUTIONS, INC
- **Address:** 4416 Russell Rd Ste A, MUKILTEO, WA, 98275
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $764K
- **Initial approval:** $764K
- **Forgiven:** $772K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $726K
- **Rent:** $31K
- **Utilities:** $8K
- **Jobs reported:** 50
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*