PPP Loan Data: Alaska
Paycheck Protection Program statistics for Alaska. 23,693 loans disbursed, 995 unforgiven and potentially subject to enforcement.
Standard Enforcement Risk0.2% of national total
Avg: $135,060 per loan
$134M outstanding
95.8% forgiveness rate
PPP Program Overview: Alaska
Between April 2020 and May 2021, the U.S. Small Business Administration disbursed 23,693 Paycheck Protection Program loans in Alaska, totaling $3.2B. These loans supported approximately 168K jobs across the state during the COVID-19 pandemic.
Of these loans, 22,698 (95.8%) were fully forgiven. However, 995 loans totaling $134M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.
This state has standard-level PPP enforcement activity.
Enforcement Risk in Alaska
Alaska has standard-level PPP enforcement activity. While enforcement is less concentrated here than in major metropolitan states, the DOJ PPP Strike Force operates nationally. Any borrower with an unforgiven loan or application discrepancies remains at risk regardless of geographic location.
The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against Alaska borrowers for several more years. The 995 unforgiven loans in Alaska represent the most immediate enforcement targets.
Alaska vs. National Average
Frequently Asked Questions: PPP in Alaska
How many PPP loans were issued in Alaska?
Alaska received 23,693 PPP loans totaling $3.2B between April 2020 and May 2021. The average loan size was $135,060, supporting approximately 168K jobs.
How many PPP loans in Alaska were not forgiven?
Approximately 995 PPP loans in Alaska (4.2% of total) were not forgiven, representing $134M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.
What is the PPP audit risk level in Alaska?
Alaska is classified as "Standard" enforcement risk. This state has standard-level PPP enforcement activity. Borrowers in Alaska with unforgiven loans or discrepancies in their applications should be aware of ongoing DOJ and SBA OIG enforcement activity.
Can I still face a PPP audit in Alaska in 2026?
Yes. The False Claims Act has a 6-10 year statute of limitations. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. Alaska borrowers remain at risk regardless of whether their loan was forgiven.
Are You at Risk?
995 Alaska borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.
Defense Resources
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Cities in Alaska
Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Data reflects the full PPP program period (April 2020 – May 2021). Last updated May 2026.