Loans Issued BY True North FCU

Loan Amount Company Name Location Lender
$350K-1M MCKINLEY SERVICES OF ALASKA, LLC Anchorage , AK True North FCU
$150K-350K MESHKE PADDOCK & BUDZINSKI, P.C. Anchorage , AK True North FCU
$1 -150K ANCHORAGE PRINTING INC Anchorage , AK True North FCU
$1 -150K ALASKA SUSTAINABLE SEAFOODS LLC Douglas , AK True North FCU
$1 -150K DURAN CONSTRUCTION COMPANY LLC Juneau , AK True North FCU
$1 -150K THE HOT BITE LLC Juneau , AK True North FCU
$1 -150K SOUTHEAST ALASKA WATERSHED COALITION Juneau , AK True North FCU
$1 -150K HOT BITE LLC Juneau , AK True North FCU
$1 -150K ASCENDING PATH LLC Girdwood , AK True North FCU
$1 -150K YOUNG GUNS INC Anchorage , AK True North FCU
$1 -150K GLACIER MUFFLER AND MECHANICAL LLC Juneau , AK True North FCU
$1 -150K YOUNG GUNS INC. Anchorage , AK True North FCU
$1 -150K MIDNIGHT SUN VENTURES CORPORATION Juneau , AK True North FCU
$1 -150K DURAN CONSTRUCTION COMPAMY. LLC. Juneau , AK True North FCU
$1 -150K RAINFOREST TELECOM INC. Juneau , AK True North FCU
$1 -150K RAINFOREST TELECOM INC. Juneau , AK True North FCU
$1 -150K GLACIER SWIM CLUB INC. Juneau , AK True North FCU
$1 -150K NORTHERN LIGHTS JANITORIAL INC Juneau , AK True North FCU
$1 -150K POSEIDON Juneau , AK True North FCU
$1 -150K GLACIER SWIM CLUB INC. Juneau , AK True North FCU
$1 -150K RAINTREE QUILTING LLC Juneau , AK True North FCU
$1 -150K RAINTREE QUILTING LLC Juneau , AK True North FCU
$1 -150K ACTION APPLIANCE REPAIR Juneau , AK True North FCU
$1 -150K ACTION APPLIANCE REPAIR Juneau , AK True North FCU
$1 -150K SECOND GROWTH HOMES Tenakee springs , AK True North FCU
$1 -150K STEFANIE LAWHORNE Cooper landing , AK True North FCU
$1 -150K GP CONSTRUCTION LLC Wasilla , AK True North FCU
$1 -150K GP CONSTRUCTION LLC Wasilla , AK True North FCU
$1 -150K SOUTHEAST ABATEMENT Juneau , AK True North FCU
$1 -150K MARK KELLEY PHOTOGRAPHY Juneau , AK True North FCU
$1 -150K SPIRIT WALKER EXPEDITIONS OF ALASKA Gustavus , AK True North FCU
$1 -150K SPIRIT WALKER EXPEDITIONS OF ALASKA LLC Gustavus , AK True North FCU
$1 -150K BROKEN RUDDER INC. Juneau , AK True North FCU
$1 -150K JOSEPH SHEPERD Juneau , AK True North FCU
$1 -150K MICHAEL BLUME Juneau , AK True North FCU

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.