# PPP loan: ALASKA RUBBER GROUP, INC
> **$1.85M** approved 04/15/2020 · Paid in Full · Loan `8147537110`
## Borrower
- **Name:** ALASKA RUBBER GROUP, INC
- **Address:** 5811 OLD SEWARD HWY, ANCHORAGE, AK, 99518-1479
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Rent:** $152K
- **Mortgage interest:** $151K
- **Utilities:** $115K
- **Health care:** $275K
- **Jobs reported:** 135
## 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*