# PPP loan: RAB ENERGY ALASKA INC.
> **$168K** approved 06/02/2020 · Paid in Full · Loan `6754157803`
## Borrower
- **Name:** RAB ENERGY ALASKA INC.
- **Address:** 2300 E. 63rd Avenue, ANCHORAGE, AK, 99507-2000
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $107K
- **Rent:** $13K
- **Utilities:** $21K
- **Health care:** $28K
- **Jobs reported:** 14
## 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*