# PPP loan: ANCOR INC.
> **$200K** approved 05/13/2020 · Paid in Full · Loan `5962897410`
## Borrower
- **Name:** ANCOR INC.
- **Address:** 2461 Cinnabar Loop, ANCHORAGE, AK, 99507
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $7K
- **Health care:** $18K
- **Debt interest:** $5K
- **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*