# PPP loan: ALASKA SCRAP & RECYCLING
> **$415K** approved 04/10/2020 · Paid in Full · Loan `2541827104`
## Borrower
- **Name:** ALASKA SCRAP & RECYCLING
- **Address:** 720 WHITNEY RD, ANCHORAGE, AK, 99501-1624
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Rent:** $70K
- **Utilities:** $13K
- **Jobs reported:** 25
## 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*