Polar Power cuts Pinnacle Bank debt to about $1.67 million, targets payoff by end-September - POLA News | RalliesPolar Power cuts Pinnacle Bank debt to about $1.67 million, targets payoff by end-September
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POLA• Pinnacle Bank debt reduced
- Polar Power cut its Pinnacle Bank debt to about $1.67 million from about $4.7 million as of Sept. 30, 2025.
- Debt fell by about $1 million since June 30, 2026, from about $2.7 million to about $1.7 million.
- The remaining Pinnacle Bank balance is expected to be repaid by the end of September 2026.
