ARCTIC ENTERPRISES LLC (AK) - 2020 PPP Loan Borrower Profile (# 7953477203)

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

7953477203

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$46,250

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$43,364.73

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

36,250

Rent Proceed

Refinance EIDL Proceed

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)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.