Paycheck Protection Program loans are once again available to local businesses through First National Bank of Alaska, which began accepting new applications on Friday, May 8. The Economic Injury Disaster Loan, the other main federally funded loan available to businesses impacted by COVID-19, remains elusive for Haines businesses.
The Paycheck Protection Program (PPP), under the umbrella of the U.S. Small Business Administration, is administered by local lenders like the First National Bank of Alaska. The…