Business licenses issued in Coffman Cove during the first quarter increased by 100 percent over the previous quarter, according to Alaska’s Department of Commerce.
There were two licenses issued in total in Coffman Cove during the quarter.
More than 99.8 percent of Alaska’s businesses are considered small, with more than 53 percent of Alaska’s employees working for a small business, according to the U.S Small Business Administration.
A Civic Economics study found $100 spent at a locally-owned business puts $47 back into the local economy, compared to just $13 for non-local businesses.
Licenses issued during Q1
| License Holder | Address | Issued Date | License Number |
|---|---|---|---|
| POW Sparkle | 116 N.W. Neptune Drive | 1/3/2022 | 2146860 |
| Rough Cut Contracting, LLC | 207 Narwhal Court | 2/4/2022 | 2149276 |
