# PPP loan: FAM ALASKA INC
> **$440K** approved 02/05/2021 · Exemption 4 · Loan `3717578401`
## Borrower
- **Name:** FAM ALASKA INC
- **Address:** 1404 4th ave, seward, AK, 99664
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $430K (98%)
- **Forgiveness date:** 08/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $440K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*