Loans Issued BY First Bank

Loan Amount Company Name Location Lender
$5-10M CRUZ CONSTRUCTION INC Palmer , AK First National Bank Alaska
$5-10M NANA WORLEY, LLC Anchorage , AK First National Bank Alaska
$5-10M SOUTH PENINSULA HOSPITAL INC Homer , AK First National Bank Alaska
$2-5M ANCHORAGE COMMUNITY MENTAL HEALTH SERVICES, INC. Anchorage , AK First National Bank Alaska
$2-5M ANCHORAGE FRACTURE & ORTHOPEDIC CLINIC Anchorage , AK First National Bank Alaska
$2-5M CENTRAL ENVIRONMENTAL, INC. Anchorage , AK First National Bank Alaska
$2-5M FAIRWEATHER, LLC Anchorage , AK First National Bank Alaska
$2-5M HOMER ELECTRIC ASSOCIATION INC Homer , AK First National Bank Alaska
$2-5M JL PROPERTIES, INC Anchorage , AK First National Bank Alaska
$2-5M NEESER CONSTRUCTION, INC. Anchorage , AK First National Bank Alaska
$2-5M TEYA SERVICES LLC Anchorage , AK First National Bank Alaska
$1-2M ACCESS ALASKA, INC. Anchorage , AK First National Bank Alaska
$1-2M AHTNA' T'AENE NENE' Copper center , AK First National Bank Alaska
$1-2M AKEELA INC Anchorage , AK First National Bank Alaska
$1-2M ALASKA CHILDREN'S SERVICES, INC Anchorage , AK First National Bank Alaska
$1-2M ALASKA RENT-A-CAR, INC. Anchorage , AK First National Bank Alaska
$1-2M ALASKA RUBBER GROUP, INC Anchorage , AK First National Bank Alaska
$1-2M ALASKA UROLOGICAL INSTITUTE Anchorage , AK First Home Bank
$1-2M ANCHORAGE HOTEL PORTFOLIO, LLC Anchorage , AK First National Bank Alaska
$1-2M ASSETS INC Anchorage , AK First National Bank Alaska
$1-2M BAILEYS FURNITURE OUTLET INC Anchorage , AK First National Bank Alaska
$1-2M BETHEL CONTRACTING LLC Anchorage , AK First National Bank Alaska
$1-2M BOYS & GIRLS CLUBS OF SOUTHCENTRAL ALASKA Anchorage , AK First National Bank Alaska
$1-2M BRECHAN CONSTRUCTION LLC Kodiak , AK First National Bank Alaska
$1-2M CAPSTONE FAMILY PHYSICIANS LLC Wasilla , AK First National Bank Alaska
$1-2M CHENA HOLDINGS INC Fairbanks , AK First National Bank Alaska
$1-2M CONTINENTAL MOTOR COMPANY INC Anchorage , AK First National Bank Alaska
$1-2M CORDOVA COMMUNITY HOSPITAL Cordova , AK First National Bank Alaska
$1-2M CORPORATION OF THE CATHOLIC ARCHBISHOP OF ANCHORAGE Anchorage , AK First National Bank Alaska
$1-2M COVENANT HOUSE ALASKA Anchorage , AK First National Bank Alaska
$1-2M FLOWLINE ALASKA, INC. Fairbanks , AK First National Bank Alaska
$1-2M FURNITURE ENTERPRISES Anchorage , AK First National Bank Alaska
$1-2M HARRIS SAND & GRAVEL, INC. Valdez , AK First National Bank Alaska
$1-2M HICKEL INVESTMENT COMPANY Anchorage , AK First National Bank Alaska
$1-2M INTEGRITY LLC Anchorage , AK First National Bank Alaska

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.