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PPP Loans in Alaska

23,693 loans worth $2B went to businesses and nonprofits in Alaska in 2020 and 2021, supporting 198,356 reported jobs.

Loans
23,693
Program ran 2020 to 2021
Total approved
$2B
Average $86,409
Jobs reported
198,356
Forgiven
$2B
97% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Alaska

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Anchorage Municipality7,223$753M70,993
2Bethel Census Area1,748$301M26,667
3Matanuska-Susitna Borough2,403$177M17,486
4Kenai Peninsula Borough2,651$152M16,537
5Yukon-Koyukuk Census Area1,062$115M11,372
6Fairbanks North Star Borough1,465$106M10,630
7Juneau City and Borough1,126$98.4M10,923
8Ketchikan Gateway Borough785$63.5M5,980
9Kodiak Island Borough891$41.6M3,958
10Sitka City and Borough775$40.3M4,266
11Chugach Census Area692$32.6M3,281
12Petersburg Borough651$21.3M2,188
13Skagway Municipality141$15M1,342
14North Slope Borough51$14.9M924
15Hoonah-Angoon Census Area277$11.6M1,466
16Prince of Wales-Hyder Census Area243$11M1,196
17Southeast Fairbanks Census Area147$10.6M1,066
18Nome Census Area73$8.4M775
19Denali Borough108$7.5M765
20Dillingham Census Area130$7M586
21Wrangell City and Borough301$6.6M814
22Lake and Peninsula Borough87$5.4M602
23Copper River Census Area43$4.9M450
24Aleutians East Borough108$4.7M439
25Aleutians West Census Area68$3.8M341
26Bristol Bay Borough41$2.9M232
27Yakutat City and Borough46$2.5M258
28Northwest Arctic Borough20$2.3M209
29Kusilvak Census Area8$321K82
30Haines Borough2$15.3K2

Loans by industry

Share of total loan dollars

  • Health care and social assistance2,337 loans14.8%
  • Construction2,572 loans14.6%
  • Accommodation and food services2,327 loans12.7%
  • Professional and technical services2,050 loans9.1%
  • Transportation and warehousing1,293 loans7.0%
  • Agriculture, forestry and fishing3,981 loans6.5%
  • Retail trade1,642 loans6.0%
  • Other services2,294 loans5.8%
  • Administrative and support services978 loans4.7%
  • Manufacturing672 loans3.2%

Loans by size

Share of the number of loans

  • Under $20K9,49540.1%
  • $20K to $50K6,70028.3%
  • $50K to $150K4,83620.4%
  • $150K to $350K1,6206.8%
  • $350K to $1M7743.3%
  • $1M to $2M1860.8%
  • $2M or more820.3%

Top lenders

By loan dollars

  1. 1Northrim Bank5,627$590M
  2. 2First National Bank Alaska5,349$566M
  3. 3KeyBank National Association759$162M
  4. 4Global Federal Credit Union2,546$118M
  5. 5First Bank1,950$100M
  6. 6Wells Fargo Bank, National Association1,667$96.1M
  7. 7Mt. McKinley Bank593$57.7M
  8. 8Denali State Bank723$56.3M
  9. 9Bank of America, National Association94$31M
  10. 10NuVision FCU377$20.5M

Largest PPP loans in Alaska

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Kakivik Asset Management, LLCProfessional and technical servicesAnchorage, AK99503$9.5M385$9.6MForgiven on 06/11/202108/08/2020
Arctic Slope Native Association, Ltd.Other servicesBarrow, AK99723$7.7M295$7.8MForgiven on 07/13/202104/14/2020
Corvus Airlines INCTransportation and warehousingAnchorage, AK99502$7.4M500$4.9MForgiven on 06/22/202208/06/2020
Hope Community Resources INC.Health care and social assistanceAnchorage, AK99518$7.2M500$7.3MForgiven on 09/13/202204/17/2021
South Peninsula Hospital INCHealth care and social assistanceHomer, AK99603$6.5M439$6.6MForgiven on 05/18/202104/14/2020
Tyonek Global Services, LLCEducational servicesAnchorage, AK99501$6.4M478$4.4MForgiven on 07/14/202204/30/2020
Tyonek Worldwide Services, INC.Transportation and warehousingAnchorage, AK99501$6.4M42$6.2MForgiven on 10/21/202204/30/2020
Copper River Seafoods, INC.ManufacturingAnchorage, AK99501$6.4M303$6.5MForgiven on 07/07/202104/11/2020
Matanuska Telephone AssociationInformationPalmer, AK99645$5.9M267$6MForgiven on 06/10/202106/10/2020
I. C. E. Services, INCAccommodation and food servicesAnchorage, AK99503$5.7M367$5.8MForgiven on 07/22/202104/11/2020
Tatitlek Technologies, INC.InformationAnchorage, AK99503$5.2M361-04/14/2020
Northern Energy Services, LLCMining, oil and gasAnchorage, AK99502$5.1M298$5.2MForgiven on 07/28/202104/06/2020
Katmai Health Services LLCHealth care and social assistanceAnchorage, AK99515$5M500$5.1MForgiven on 11/09/202104/29/2020
Cruz Construction INCConstructionPalmer, AK99645$5M215$5.1MForgiven on 06/11/202104/15/2020
Yulista Tactical, LLCProfessional and technical servicesAnchorage, AK99503$5M220-04/16/2020
Ahtna Support and Training Services LLCProfessional and technical servicesAnchorage, AK99503$5M484$532KForgiven on 09/20/202105/01/2020
Homer Electric Association INCUtilitiesHomer, AK99603$4.8M145$4.9MForgiven on 06/14/202104/28/2020
Tikigaq CorporationPublic administrationWasilla, AK99654$4.8M341$4.8MForgiven on 06/22/202104/14/2020
Teya Services LLCManagement of companiesAnchorage, AK99501$4.3M430$4MForgiven on 01/12/202204/11/2020
Tatonduk Outfitters LtdTransportation and warehousingFairbanks, AK99709$4.3M336$4.3MForgiven on 07/27/202104/11/2020
Dena' Nena' HenashPublic administrationFairbanks, AK99701$4M500$4.1MForgiven on 01/17/202305/23/2021
Tyonek Manufacturing Group, INC.Management of companiesAnchorage, AK99501$3.9M345$3.8MForgiven on 10/21/202204/30/2020
Resource Data, INCProfessional and technical servicesAnchorage, AK99503$3.8M194$3.8MForgiven on 06/28/202104/08/2020
Colville, INC.Retail tradeAnchorage, AK99503$3.8M213$3.8MForgiven on 06/11/202104/04/2020
Mrd, INC.Accommodation and food servicesAnchorage, AK99503$3.8M500$3.8MForgiven on 06/11/202104/07/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Alaska?
Lenders approved 23,693 PPP loans worth $2,047,297,770 for borrowers in Alaska, an average of $86,409 per loan.
What was the largest PPP loan in Alaska?
The largest was $9,538,531 to Kakivik Asset Management, LLC in ANCHORAGE, which reported 385 jobs.
Which county in Alaska got the most PPP money?
Anchorage Municipality received the most, $753M across 7,223 loans.