ARCTIC ORGANICS (AK) - 2020 PPP Loan Borrower Profile (# 2570287303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCTIC ORGANICS. 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

2570287303

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$17,122

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$17,212.07

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,424

Payroll Proced

13,698

Lender

Matanuska Valley FCU

Business Detail

Business Type

Sole Proprietorship

NAICS

111211

Borrower Location

PALMER, AK

Project Location

PALMER, 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.