POWERS BROTHERS, INC. (AK) - 2020 PPP Loan Borrower Profile (# 7904777105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to POWERS BROTHERS, 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

7904777105

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$404,382.4

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$407,274.01

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

25,000

Payroll Proced

254,187.7

Rent Proceed

98,200.25

Health Care Proceed

26,994.45

Lender

First National Bank Alaska

Business Detail

Business Type

Corporation

NAICS

713290

Borrower Location

ANCHORAGE, AK

Project Location

ANCHORAGE, AK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.