# PPP loan: ENGINEERED EQUIPMENT COMPANY OF ALASKA, INC
> **$214K** approved 04/09/2020 · Paid in Full · Loan `8872237008`
## Borrower
- **Name:** ENGINEERED EQUIPMENT COMPANY OF ALASKA, INC
- **Address:** 12501 OLD SEWARD HWY, ANCHORAGE, AK, 99515-4331
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $29K
- **Utilities:** $2K
- **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*