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Polaris Construction, Inc.

Lake Charles, LA 70601

The loans, in SBA’s record

$2.2 million
Approved
$2,202,060
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$2.2 million
Forgiven
$2,228,118
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $2,202,060
By the amount SBA approved, ranks 27,194th of 10,688,106 borrowers nationally, 387th of 202,611 in Louisiana and 12th of 5,989 in the project’s county, Calcasieu, LA. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Polaris Construction, Inc., as SBA recorded them
Approved onAmountStatus
April 10, 2020$2.2 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved