# PPP loan: POLARIS SENSOR TECHNOLOGIES, INC.
> **$501K** approved 04/05/2020 · Paid in Full · Loan `5545387006`
## Borrower
- **Name:** POLARIS SENSOR TECHNOLOGIES, INC.
- **Address:** 200 WESTSIDE SQ SUITE 320, HUNTSVILLE, AL, 35801-4816
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Rent:** $46K
- **Jobs reported:** 24
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*