# PPP loan: BERING STRAITS DEVELOPMENT CO.
> **$332K** approved 03/23/2021 · Paid in Full · Loan `6542018605`
## Borrower
- **Name:** BERING STRAITS DEVELOPMENT CO.
- **Address:** 3301 C St Ste 400, Anchorage, AK, 99503-3958
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $332K
- **Utilities:** $1
- **Jobs reported:** 34
## 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*