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
$2-5M MRD, INC. Anchorage , AK Northrim Bank
$2-5M ORTHOALASKA, LLC Anchorage , AK Northrim Bank
$2-5M PND ENGINEERS INC Anchorage , AK Northrim Bank
$2-5M RESOURCE DATA, INC Anchorage , AK Northrim Bank
$2-5M SAMSON TUG & BARGE CO INC Sitka , AK Northrim Bank
$2-5M TIKIGAQ CORPORATION Wasilla , AK Northrim Bank
$1-2M ALASKA INDUSTRIAL HARDWARE, INC. Anchorage , AK Northrim Bank
$1-2M ALASKA PACIFIC UNIVERSITY Anchorage , AK Northrim Bank
$1-2M ANCHORAGE DAILY NEWS, LLC Anchorage , AK Northrim Bank
$1-2M ANCHORAGE MUSEUM ASSOCIATION Anchorage , AK Northrim Bank
$1-2M ARCTIC OFFICE MACHINE, INC. Anchorage , AK Northrim Bank
$1-2M BLOOD BANK OF ALASKA, INC. Anchorage , AK Northrim Bank
$1-2M COMMUNITY CONNECTIONS, INC. Ketchikan , AK Northrim Bank
$1-2M CONSTRUCTION MACHINERY INDUSTRIAL, LLC Anchorage , AK Northrim Bank
$1-2M CRW ENGINEERING GROUP, LLC Anchorage , AK Northrim Bank
$1-2M DENALI FAMILY SERVICES I Anchorage , AK Northrim Bank
$1-2M FILM-ON PRODUCTIONS, LLC Anchorage , AK Northrim Bank
$1-2M FRESH ALE PUBS, LLC Anchorage , AK Northrim Bank
$1-2M GHEMM COMPANY, INC. Fairbanks , AK Northrim Bank
$1-2M HDL ENGINEERING CONSULTANTS, 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.