ARCTIC ENTERPRISES LLC (AK) - 2020 PPP Loan Borrower Profile (# 7464948502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCTIC ENTERPRISES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alaska.

Loan Detail

Loan Number
7464948502
SBA Office Code
1084
Processing Method
PPS
Curent Loan Amount
$59,035
Date Loan was Approved
Mar 6, 2021
Amount Forgiven
$57,459.09
Date Loan was Forgiven
Feb 7, 2022
Loan Status
Exemption 4
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
59,032
Lender
Transportation Alliance Bank, Inc. d/b/a TAB Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
Kotzebue, AK
Project Location
Kotzebue, AK
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.