Paycheck Protection Program: Loan Forgiveness

Latest information from the Small Business Administration (SBA)!

 August 4, 2021

There is a new SBA Forgiveness Portal for recipients of the First and Second Draw PPP loans in the amount of $150,000 or less. This portal allows the borrower the ability to apply for forgiveness directly the with SBA.

 The SBA also offers live customer service to borrowers at 877-552-2692.


 NOTE: Members who received a PPP loan of $150,000 or less, that have not filled for forgiveness, will be receiving an email from SBA regarding the new Direct Forgiveness Portal.


 Paycheck Protection Program Loan Information

The Paycheck Protection Program (PPP) was a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. Click here to read more about PPP loan forgiveness on the SBA website.



Commercial Financing

Financing available for:

  • Commercial Real Estate
  • Commercial builders
  • Commercial construction
  • Lines of credit for working capital
  • Term loans
  • Commercial equipment
  • Commercial aircraft
  • Fleet financing
  • Medical and dental equipment

Get Started
Schedule an appointment today by calling 907-745-9165!

Commercial or Business Loansbusiness plan

Financing to help your business grow

If it's not a construction loan you need, we offer business loans for a multitude of different purposes. Contact one of our  Construction or Commercial loan officers today to  start your business loan application.


Professional Builder*

We offer interim construction loans to licensed general contractors to build homes for resale. The interim construction loan will most probably be for a pre-sold home. If there is not a buyer under contract for the project the credit union will consider each request on a case-by-case basis.

Contact our Construction or Commercial Loan Officer today for more information.



*Construction loans are currently available in Alaska only.


Commercial Lending Contact Information

Wasilla Community Office

501 North Main St., Suite 120
Wasilla, Alaska 99654

Phone: (907) 745-9165
Fax: (907) 745-9168

Norm Rindlisbacher
Commercial Loan Officer

Phone: (907) 761-4705
Fax: (907) 745-9168

Derek Miller
Commercial Loan Officer

Phone: (907) 761-4719
Fax: (907) 745-9168

Misty Severs
Commercial Loan Officer

Phone: (907) 761-4636
Fax: (907) 745-9168

Rates, terms and fees will vary depending on your individual circumstances and project.

The application packages are in PDF format and can be filled in online and printed, or simply printed and filled in manually (filled in forms online cannot be saved at this time). Once you have completed the packet, call us at (907) 745-9165 during regular business hours to set up an appointment. If you have any questions about the loan application package, call us at the above number, we're here to help you!