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Arctic Subway Barrow LLC

Arctic Subway Barrow is a Limited Liability Company registed in Alaska. Founded in November 2016, with the entity number 10044166. The entity did not apply for any business licenses yet. Currently in Involuntarily Dissolved. Arctic Subway Barrow has 6 key officers and 3 shareholders. The company participated in the Paycheck Protection Program (PPP) 2 times for a total amount of $110365.62.

Company Details

Legal Name: Arctic Subway Barrow LLC
Entity Type: Limited Liability Company

Arctic Subway Barrow LLC is structured as a Limited Liability Company (LLC), a common business structure that offers its members limited liability protection, separating their personal assets from the company's debts and obligations.
In Alaska, LLCs are governed by Title 10, Chapter 50 – Alaska Revised Limited Liability Company Act

Status: Involuntarily Dissolved

The 'Involuntarily Dissolved' status indicates that the state has forcibly terminated Arctic Subway Barrow LLC legal existence, usually due to failure to comply with specific legal requirements or obligations. This is a major red flag.

AK Formed Date: 03 Nov 2016 (8 years ago)
Duration: Perpetual
Entity Number: 10044166

The entity number, 10044166, is a unique identifier assigned by the Alaska Department of Commerce, Community, and Economic Development to Arctic Subway Barrow LLC. This number can be used to verify the company's registration and access official records.

Home State: ALASKA

Key Officers & Management

Name Role Shares
John Masterson Registered Agent -
Edward Foster Member 50.00
John Masterson Member 50.00
Justin Petersen Previous Organizer -
Justin Petersen Previous Registered Agent -
Justin Petersen Previous Member 33.33

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2732848403 2021-02-04 1084 PPS 1611 Okpik St, Barrow, AK, 99723
Loan Status Date 2021-12-04
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 69275
Loan Approval Amount (current) 69275
Undisbursed Amount 0
Franchise Name Subway
Lender Location ID 3386
Servicing Lender Name First National Bank Alaska
Servicing Lender Address 101 W 36th Ave, ANCHORAGE, AK, 99503-5904
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Barrow, NORTH SLOPE, AK, 99723
Project Congressional District AK-
Number of Employees 7
NAICS code 722511
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 3386
Originating Lender Name First National Bank Alaska
Originating Lender Address ANCHORAGE, AK
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 69779.85
Forgiveness Paid Date 2021-11-05
5214967804 2020-05-29 1084 PPP 1611 Okpik St. Unit A, Utiagvik, AK, 99723
Loan Status Date 2021-03-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 41090.62
Loan Approval Amount (current) 41090.62
Undisbursed Amount 0
Franchise Name Subway
Lender Location ID 3386
Servicing Lender Name First National Bank Alaska
Servicing Lender Address 101 W 36th Ave, ANCHORAGE, AK, 99503-5904
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Utiagvik, NORTH SLOPE, AK, 99723-0001
Project Congressional District AK-
Number of Employees 11
NAICS code 722513
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 3386
Originating Lender Name First National Bank Alaska
Originating Lender Address ANCHORAGE, AK
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 41383.32
Forgiveness Paid Date 2021-02-19

Date of last update: 13 Feb 2025

Sources: State of Alaska - Department of Commerce, Community, and Economic Development