Loans Issued BY Mt. McKinley Bank

Loan Amount Company Name Location Lender
$150K-350K MICHAEL J. STOLTZ DMD PC Fairbanks , AK Mt. McKinley Bank
$150K-350K MORLEY ELECTRIC INC. Delta junction , AK Mt. McKinley Bank
$150K-350K OUR ALASKAN COMPANY, INC. North pole , AK Mt. McKinley Bank
$150K-350K PACIFIC RIM ASSOCIATES I, INC. DBA: REGENCY FAIRBANKS HOTEL Fairbanks , AK Mt. McKinley Bank
$150K-350K PHYLLIS PENDERGRAST DMD PC Fairbanks , AK Mt. McKinley Bank
$150K-350K PIERRE M JOHNSON MD PC Fairbanks , AK Mt. McKinley Bank
$150K-350K PL, INC. Fairbanks , AK Mt. McKinley Bank
$150K-350K POLAR MINING, INC Fairbanks , AK Mt. McKinley Bank
$150K-350K QUALITY INSPECTION & TESTING, INC. Fairbanks , AK Mt. McKinley Bank
$150K-350K SCH, INC. North pole , AK Mt. McKinley Bank
$150K-350K SPAULDING CHIROPRACTIC CLINIC Fairbanks , AK Mt. McKinley Bank
$150K-350K TCI CONSTRUCTION INC. Fairbanks , AK Mt. McKinley Bank
$150K-350K THE COOKIE JAR RESTAURANT, INCORPORATED Fairbanks , AK Mt. McKinley Bank
$150K-350K TROST CONSTRUCTION, INC. Fairbanks , AK Mt. McKinley Bank
$150K-350K WALSH, KELLIHER & SHARP, APC Fairbanks , AK Mt. McKinley Bank
$150K-350K WEBER INC North pole , AK Mt. McKinley Bank
$150K-350K WEST VALLEY VISION CENTER, INC Fairbanks , AK Mt. McKinley Bank
$150K-350K WHITE SPRUCE TRAILER SALES, INC. North pole , AK Mt. McKinley Bank
$1 -150K BUCHER GLASS INC. Fairbanks , AK Mt. McKinley Bank
$1 -150K P & L PROPERTY LLC Delta junction , AK Mt. McKinley Bank
$1 -150K HIGH MOUNTAIN FARMS INVESTMENT CO. LLC Fairbanks , AK Mt. McKinley Bank
$1 -150K T&D SERVICES INC. North pole , AK Mt. McKinley Bank
$1 -150K UNIVERSITY SERVICE INC. Fairbanks , AK Mt. McKinley Bank
$1 -150K BOREALIS BUSINESS SOLUTIONS Fairbanks , AK Mt. McKinley Bank
$1 -150K ROCK AND DIRT ENVIRONMENTAL Fairbanks , AK Mt. McKinley Bank
$1 -150K TOTEM ENTERPRISES INC. Healy , AK Mt. McKinley Bank
$1 -150K D.B. & FU LLC Fairbanks , AK Mt. McKinley Bank
$1 -150K TRES AMIGAS LLC Fairbanks , AK Mt. McKinley Bank
$1 -150K ALASKA BAGEL ENTERPRISES INC Fairbanks , AK Mt. McKinley Bank
$1 -150K ALYESKA BUILDERS LLC North pole , AK Mt. McKinley Bank
$1 -150K ALYESKA BUILDERS LLC North pole , AK Mt. McKinley Bank
$1 -150K GOLDEN EAGLE OUTFITTERS INC. Delta junction , AK Mt. McKinley Bank
$1 -150K THE BAKERY RESTAURANT INC. Fairbanks , AK Mt. McKinley Bank
$1 -150K NORTHLAND AVIATION SERVICES INC. Fairbanks , AK Mt. McKinley Bank
$1 -150K NORTHLAND AVIATION SERVICES INC. Fairbanks , AK Mt. McKinley Bank

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.