MERDES LAW OFFICE P.C. (AK) - 2020 PPP Loan Borrower Profile (# 4261088500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MERDES LAW OFFICE P.C.. 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

4261088500

SBA Office Code

1084

Processing Method

PPS

Curent Loan Amount

$112,502

Date Loan was Approved

Feb 25, 2021

Amount Forgiven

$113,472.91

Date Loan was Forgiven

Jan 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

112,500

Lender

Mt. McKinley Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541110

Borrower Location

Fairbanks, AK

Project Location

Fairbanks, AK

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.