AVALON INC (AK) - 2020 PPP Loan Borrower Profile (# 5508978504)

Updated on April 18, 2025.

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

5508978504

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$127,925

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$128,766.15

Date Loan was Forgiven

Nov 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

127,922

Lender

First National Bank Alaska

Business Detail

Business Type

Corporation

NAICS

114111

Borrower Location

Kodiak, AK

Project Location

Kodiak, AK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.