# PPP loan: JERNSTROM ENGINEERING LLC
> **$160K** approved 02/08/2021 · Exemption 4 · Loan `5505098407`
## Borrower
- **Name:** JERNSTROM ENGINEERING LLC
- **Address:** 721 Depot Dr, Anchorage, AK, 99501-1615
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $122K (77%)
- **Forgiveness date:** 11/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*