Loans Issued BY Northrim Bank

Loan Amount Company Name Location Lender
$5-10M NORTHERN ENERGY SERVICES, LLC Anchorage , AK Northrim Bank
$2-5M ADVANCED SUPPLY CHAIN INTERNATIONAL, LLC Anchorage , AK Northrim Bank
$2-5M ALASKA CENTRAL EXPRESS, INC. Anchorage , AK Northrim Bank
$2-5M ALASKA HEART INSTITUTE, LLC Anchorage , AK Northrim Bank
$2-5M ALASKA SALES AND SERVICE, INC. Anchorage , AK Northrim Bank
$2-5M ALCAN ELEC. & ENGINEERING INC. Anchorage , AK Northrim Bank
$2-5M ALLEN MARINE TOURS, INC. Sitka , AK Northrim Bank
$2-5M BERING SEA ENVIRONMENTAL, LLC Anchorage , AK Northrim Bank
$2-5M CENTRAL COUNCIL TLINGIT & HAIDA INDIAN TRIBES OF ALASKA Juneau , AK Northrim Bank
$2-5M COLVILLE, INC. Anchorage , AK Northrim Bank
$2-5M ENGINEERED SOLUTIONS GROUP Anchorage , AK Northrim Bank
$2-5M FAMILY CENTERED SERVICES OF ALASKA, INC. Fairbanks , AK Northrim Bank
$2-5M FULLFORD ELECTRIC, INC. Fairbanks , AK Northrim Bank
$2-5M GRANT AVIATION, INC. Anchorage , AK Northrim Bank
$2-5M ILISAGVIK COLLEGE Barrow , AK Northrim Bank
$350K-1M WASILLA DRIVE-IN LLC Wasilla , AK Northrim Bank
$350K-1M WILLIAMS INCORPORATED Ketchikan , AK Northrim Bank
$350K-1M WINGS AIRWAYS INC Juneau , AK Northrim Bank
$350K-1M WOLF EYE CENTER INC Wasilla , AK Northrim Bank
$350K-1M WOMEN'S CARE OF ALASKA, P.C. Anchorage , AK Northrim Bank
$350K-1M WOSTMANN AND ASSOCIATES, INC Juneau , AK Northrim Bank
$350K-1M YAKUTAT COMMUNITY HEALTH CENTER Yakutat , AK Northrim Bank
$350K-1M YMCA OF ANCHORAGE ALASKA Anchorage , AK Northrim Bank
$150K-350K A HAND UP BEHAVOIR SERVICES, LLC Anchorage , AK Northrim Bank
$150K-350K AAA CONCRETE CONSTRUCTION INC Anchorage , AK Northrim Bank
$150K-350K ABLE LOCKSMITHS AND SECURITY CENTER, LLC Anchorage , AK Northrim Bank
$150K-350K ABOVE & BEYOND AVIATION INC. Anchorage , AK Northrim Bank
$150K-350K ACCA, INC. Fairbanks , AK Northrim Bank
$150K-350K ACSA/ASDN EDUCATION SERVICES Juneau , AK Northrim Bank
$150K-350K MIDNIGHT SUN ONCOLOGY PARTNERS, LLC Palmer , AK Northrim Bank
$150K-350K MILLROCK EXPLORATION CORP. Anchorage , AK Northrim Bank
$150K-350K MOORE AND SONS AUTOMOTIVE & ALIGNMENT CENTER, LLC Anchorage , AK Northrim Bank
$150K-350K MORRIS ENGINEERING GROUP, INC Juneau , AK Northrim Bank
$150K-350K MUDBUSTERS CARWASH CO Wasilla , AK Northrim Bank
$150K-350K NATURAL HEALTH CENTER LLC Anchorage , AK Northrim 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.