# PPP loan: POLESTAR TECHNOLOGIES INC
> **$198K** approved 01/23/2021 · Paid in Full · Loan `4325348310`
## Borrower
- **Name:** POLESTAR TECHNOLOGIES INC
- **Address:** 220 3 RESERVOIR ST, NEEDHAM, MA, 02494
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 11
## 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*