HOMER ELECTRIC ASSOCIATION INC (AK) - 2020 PPP Loan Borrower Profile (# 9643427203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOMER ELECTRIC ASSOCIATION 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

9643427203

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$4,808,473.42

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$4,861,564.24

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

4,808,473.42

Lender

First National Bank Alaska

Business Detail

Business Type

Corporation

NAICS

221122

Borrower Location

HOMER, AK

Project Location

HOMER, AK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

145

Business Age Description

Existing or more than 2 years old

Data Source: SBA.