ALCAN ELECTRICAL AND ENGINEERING INC (AK) - 2020 PPP Loan Borrower Profile (# 2524238501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCAN ELECTRICAL AND ENGINEERING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alaska.

Loan Detail

Loan Number

2524238501

SBA Office Code

1084

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$2,011,342.47

Date Loan was Forgiven

Sep 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,998

Lender

Northrim Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Anchorage, AK

Project Location

Anchorage, AK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.