Valley Hotel, INC

$311,611 PPP Loan in Palmer, Alaska

Loan Details

Loan Number
6889267101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$311,611
Current Approval
$311,611
Forgiveness Amount
$314,889
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Hotel, INC
Address
606 S Alaska Street
City
Palmer
State
Alaska
ZIP Code
99645
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
AK-

Loan Use Breakdown

Payroll
$237,611
Rent
$67,000
Utilities
$7,000

Lender Information

Servicing Lender
First National Bank Alaska
Originating Lender
First National Bank Alaska

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