CONNECTING TIES, INC (AK) - 2020 PPP Loan Borrower Profile (# 5826387100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CONNECTING TIES, 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

5826387100

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$494,844.82

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$497,718.99

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,374.4

Payroll Proced

475,419.28

Mortgage Interest Proceed

567.14

Rent Proceed

14,484

Lender

First National Bank Alaska

Business Detail

Business Type

Non-Profit Organization

NAICS

621610

Borrower Location

VALDEZ, AK

Project Location

VALDEZ, AK

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.