# PPP loan: FOUNTAINHEAD DEVELOPMENT INC
> **$1.74M** approved 04/04/2020 · Paid in Full · Loan `5038877006`
## Borrower
- **Name:** FOUNTAINHEAD DEVELOPMENT INC
- **Address:** 1501 Queens Way, FAIRBANKS, AK, 99701-7456
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 210
## Lender
- **Originating:** Denali State Bank
- **Servicing:** Denali State Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*