# PPP loan: ALASKA MECHANCIAL INC.
> **$460K** approved 01/20/2021 · Paid in Full · Loan `2116688301`
## Borrower
- **Name:** ALASKA MECHANCIAL INC.
- **Address:** 8540 Dimond D Cir, Anchorage, AK, 99515-1938
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $460K
- **Utilities:** $1
- **Jobs reported:** 18
## 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*