# PPP loan: JOLT CONSTRUCTION & TRAFFIC MAINTENANCE, INC
> **$619K** approved 04/11/2020 · Paid in Full · Loan `3602607107`
## Borrower
- **Name:** JOLT CONSTRUCTION & TRAFFIC MAINTENANCE, INC
- **Address:** PO Box 520366, BIG LAKE, AK, 99652
- **NAICS:** 339950
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $599K
- **Rent:** $16K
- **Mortgage interest:** $2K
- **Utilities:** $2K
- **Jobs reported:** 70
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*