CATALYST MARINE ENGINEERING (AK) - 2020 PPP Loan Borrower Profile (# 1054507100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CATALYST MARINE ENGINEERING. 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

1054507100

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$352,400

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$355,373.68

Date Loan was Forgiven

Feb 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

352,400

Lender

Global Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

811490

Borrower Location

SEWARD, AK

Project Location

SEWARD, 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.