# PPP loan: HOMER ELECTRIC ASSOCIATION INC
> **$4.81M** approved 04/28/2020 · Paid in Full · Loan `9643427203`
## Borrower
- **Name:** HOMER ELECTRIC ASSOCIATION INC
- **Address:** 3977 LAKE STREET, HOMER, AK, 99603
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.81M
- **Initial approval:** $4.81M
- **Forgiven:** $4.86M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.81M
- **Jobs reported:** 145
## 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*