NORTHERN POWER SPORT INC (AK) - 2020 PPP Loan Borrower Profile (# 2348057205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to NORTHERN POWER SPORT 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

2348057205

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$154,027.3

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$155,390.34

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

115,221.84

Rent Proceed

13,105.46

Refinance EIDL Proceed

10,000

Health Care Proceed

500

Debt Interest Proceed

5,200

Lender

First National Bank Alaska

Business Detail

Business Type

Subchapter S Corporation

NAICS

441210

Borrower Location

FAIRBANKS, AK

Project Location

FAIRBANKS, 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.