COVID Stimulus Watch Individual Entry

Recipient Company:
POLAR POWER INC
Loan or Loan Guarantee Amount:
$1,714,989

Recipient Details

Ownership Structure: publicly traded (ticker symbol POLA)
Facility Street Address: 249 E. GARDENA BLVD.
Facility City: GARDENA
Facility State: CA
Facility Zip Code: 90248
Facility Congressional District: CA-44
Facility NAICS Code: 335312 : Motor and Generator Manufacturing

Award Details

Award Date: Apr 29, 2020
Award Type: loan
Jobs Reported at Time of Application: 121
PPP Lender: Citibank, N.A.
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1622345/000121390020011455/ea121...

Parent Company Data

Parent Company: Polar Power, Inc.
Headquartered in: California
Parent Sector: miscellaneous energy products and systems
Parent Industry: direct current power systems
Employees (prior to pandemic): 179

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
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ConsumerProt icon
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CEOpay icon
CEO Compensation: $801,055
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues