SBA 7(a) loans in Alaska
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
262loans approved
$318,000median loan
$100K–$773Kmiddle half of loans
$198.4Mtotal approved
10%median initial rate
10 yrsmedian term
The median Alaska loan is 82% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 10 | $323,500 |
Most active lenders in Alaska
| Lender | Loans | Median | Total |
|---|---|---|---|
| Keybank National Association | 53 | $114,900 | $13.0M |
| Alaska Growth Capital Bidco, INC. | 30 | $1,025,000 | $47.6M |
| Wells Fargo Bank National Association | 27 | $511,200 | $25.4M |
| Live Oak Banking Company | 21 | $850,000 | $32.0M |
| Newtek Bank, National Association | 20 | $275,000 | $13.2M |
| First National Bank Alaska | 17 | $500,000 | $20.1M |
| Readycap Lending, LLC | 12 | $205,500 | $4.8M |
| Northeast Bank | 11 | $80,000 | $1.2M |
SBA 504 loans in Alaska
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
48504 loans approved
$637,000median CDC portion
$37.5Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Alaska
| Lender | Loans | Median | Total |
|---|---|---|---|
| Evergreen Business Capital | 48 | $637,000 | $37.5M |
Starting a business in Alaska? See how to register your business.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.