AVALON DEVELOPMENT CORPORATION (AK) - 2020 PPP Loan Borrower Profile (# 8480477806)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AVALON DEVELOPMENT CORPORATION. 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

8480477806

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$453,873.65

Date Loan was Approved

Jun 5, 2020

Amount Forgiven

$113,810.52

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

453,873.65

Lender

Northrim Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

213115

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.