# PPP loan: MOTORCYCLE TIMES, INC
> **$341K** approved 04/13/2020 · Paid in Full · Loan `5607627100`
## Borrower
- **Name:** MOTORCYCLE TIMES, INC
- **Address:** 4334 SPENARD ROAD, ANCHORAGE, AK, 99503
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $80K
- **Health care:** $5K
- **Jobs reported:** 35
## 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*