RED HOT MECHANICAL, INC. (AK) - 2020 PPP Loan Borrower Profile (# 8107977108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to RED HOT MECHANICAL, 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

8107977108

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$65,366.77

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$65,864.63

Date Loan was Forgiven

Jan 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,473.35

Payroll Proced

52,293.42

Rent Proceed

6,600

Lender

First National Bank Alaska

Business Detail

Business Type

Subchapter S Corporation

NAICS

238220

Borrower Location

EAGLE RIVER, AK

Project Location

EAGLE RIVER, AK

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.