Geography · SBA lending record
SBA lenders in Alaska
380 SBA 7(a) loans in the last five years, from 49 different lenders. Here is who actually lends here.
Loans, last 5 years
380
Lent
$268.4M
last 5 fiscal years
Active lenders
49
wrote at least one loan
Typical loan
$304k
median approved
Default rate
1.8%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in AK | Typical loan | Typical rate |
|---|---|---|---|
| Alaska Growth Capital BIDCO, Inc. | 59 | $720k | P+2.71 |
| KeyBank National Association | 53 | $100k | P+2.72 |
| Wells Fargo Bank National Association | 49 | $25k | P+5.09 |
| Northrim Bank · too few loans nationally for a page | 40 | $185k | P+1.90 |
| Live Oak Banking Company | 20 | $838k | P+1.58 |
| Newtek Bank, National Association | 17 | $330k | P+3.66 |
| First National Bank Alaska · too few loans nationally for a page | 16 | $452k | P+1.36 |
| Northeast Bank | 13 | $50k | P+2.69 |
| Readycap Lending, LLC | 13 | $500k | P+3.50 |
| BayFirst National Bank | 9 | $150k | P+3.36 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Vermont · 630South Dakota · 556District of Columbia · 498North Dakota · 444Wyoming · 368California · 27,163Florida · 18,248Texas · 17,998
States with comparable volume, plus the three largest markets.