MATANUSKA TELEPHONE ASSOCIATION (AK) - 2020 PPP Loan Borrower Profile (# 1570017908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MATANUSKA TELEPHONE ASSOCIATION. 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

1570017908

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$5,928,882

Date Loan was Approved

Jun 10, 2020

Amount Forgiven

$5,987,841.44

Date Loan was Forgiven

Jun 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

5,928,882

Lender

CoBank ACB

Business Detail

Business Type

Cooperative

NAICS

517311

Borrower Location

PALMER, AK

Project Location

PALMER, AK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

267

Business Age Description

Existing or more than 2 years old

Data Source: SBA.