In Alaska, 22 business have received more than $2.1 million in disaster relief loans from the U.S. Small Business Administration for economic injury suffered as a result of the Sept. 11, 2001 terrorist attacks. Listed below are the companies which received loans and the approved amount of the loan.
Mezirow $5,000
Legends Lodge Inc. $91,400
The amount of relief awarded in Alaska through the U.S. Small Business Administration Economic Injury Disaster Loans recently topped $2.1 million. The loans are offered to small businesses that suffered economic injury as a result of the Sept. 11, 2001 terrorist attacks and cover ordinary operating costs and expenses.
According to Ron Veltkamp, spokesperson for the Small Business Administration in Alaska, 58 businesses submitted applications to the organization, 22 of which were approved.
Many of the firms awarded loans were in the tourism industry, which suffered a significant loss of business after Sept. 11.
Fear of flying and the economic downturn of the stock market after the attacks kept many Americans closer to home.
Chena Hot Springs Resort LLC $220,800
Thomas $36,400
Henrikson $21,100
Needham $20,000
Alaska Wildland Adventures Inc. $142,500
Renown Charters & Tours LLC $294,400
Chandler Corporation $351,000
Pacific Star Seafoods Inc. $320,800
Arctic Sparrow Aircraft, Inc. $5,000
LeTarte $20,000
Lee $42,500
Frontier Flying Service $50,000
Midnight Sun Ventures Corp. $50,000
Orca Cannery Inc. $48,600
Professional Colorgraphics Printing $69,500
Yerkes $38,200
Northern Lights Travel $26,100
Valutravel Inc. $82,200
Portage Transport Inc. $40,400
Alaska Destination Specialists $132,000
Source: U.S. Small Business Administration