# PPP loan: ALASKA COMMUITY DEVELOPMENT CORPORATION
> **$183K** approved 04/14/2020 · Paid in Full · Loan `7516017109`
## Borrower
- **Name:** ALASKA COMMUITY DEVELOPMENT CORPORATION
- **Address:** 1517 S. Industrial Way, #8, PALMER, AK, 99645
- **NAICS:** 925110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $44K
- **Jobs reported:** 10
## 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*