AUTOMOTIVE CONCEPTS LLC (AK) - 2020 PPP Loan Borrower Profile (# 7121437406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMOTIVE CONCEPTS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alaska.

Loan Detail

Loan Number

7121437406

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$38,230

Date Loan was Approved

May 15, 2020

Amount Forgiven

$38,511.42

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

38,230

Lender

Denali State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811111

Borrower Location

FAIRBANKS, AK

Project Location

FAIRBANKS, AK

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.