As part of the Paycheck Protection Program MAGTEC ALASKA LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MAGTEC ALASKA LLC


Loan Amount	$1,146,500
BusinessName	MAGTEC ALASKA LLC
Address	43385 KENAI SPUR HWY
City	KENAI
State	AK
Zip	99611
NAICSCode	532490
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	67
DateApproved	04/04/2020
Lender	Bank Forward
CD	AK-
BusinessName.clean	MAGTEC ALASKA

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MAGTECH CONSULTING AND SOLUTIONS DEVELOPMENT
MAGTEK
MAGUIRE AUTOMOTIVE GROUP
MAGUIRE IRON
MAGUIRE TANK