AIDEA.
| Position | INSIDE ALASKA BUSINESS - Alaska Industrial Development and Export Authority - Brief article |
The Alaska Industrial Development and Export Authority (AIDEA) Board approved two loan participations for projects located in Wasilla and Fairbanks.
The first participation, to City Center Wasilla, LLC, is for $1,181,250 (90 percent) of a $1,312,500 loan brought to AIDEA by First National Bank Alaska. First National Bank Alaska originated the loan and is participating with $131,250. The purpose of this loan is for long term financing for one unit in a newly constructed, 10,368-squarefoot, multi-tenant retail condominium building in Wasilla.
The second participation, to Fairbanks Natural Gas, LLC and Cassini LNG Storage, LLC, is...
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