TKC Fish Wheel

This Eda Investment Funds Construction of a Specialized Sawmill Building in Red Devil, Alaska. the Facility Will Use a Local Workforce to Mill Locally Harvested Timbers and Package the Milled Timbers Into Housing Packages, Which Will Be Used to Construct Affordable and Energy Efficient Housing. the Project Will Help Households Throughout the Region in Need of Affordable Housing. the Recipient Estimates the Project Will Create 75 Jobs, Retain 53 Jobs, and Generate $13.6 Million in Private Investment.

Committed

$1.9 Million

Paid to

TKC Fish Wheel

UEI ELH1PLLQ4N31

4300 B Street, Set 405, Anchorage, AK, 99503

Department of Commerce

Economic Development Administration

Place

RED DEVIL, AK, UNITED STATES

AK-00

Performance

Jul 15, 2024 → Jun 30, 2029

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Commerce

Economic Development Administration

Economic Adjustment Assistance to

TKC Fish Wheel

Committed

$1.9 Million

Paid to

TKC Fish Wheel

UEI ELH1PLLQ4N31

4300 B Street, Set 405, Anchorage, AK, 99503

Department of Commerce

Economic Development Administration

Place

RED DEVIL, AK, UNITED STATES

AK-00

Performance

Jul 15, 2024 → Jun 30, 2029

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗