# PPP loan: K2 ADVENTURES, INC
> **$746K** approved 04/09/2020 · Exemption 4 · Loan `1148017107`
## Borrower
- **Name:** K2 ADVENTURES, INC
- **Address:** PO BOX 545, TALKEETNA, AK, 99676-0545
- **NAICS:** 481211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $746K
- **Initial approval:** $306K
- **Forgiven:** $640K (86%)
- **Forgiveness date:** 03/31/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $670K
- **Rent:** $50K
- **Utilities:** $26K
- **Jobs reported:** 17
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*