Access the Top SBA Lending for Alaska Small Business
In Alaska known for its landscapes and entrepreneurial culture small businesses have a setting to prosper. From Anchorages city life to the corners of the Last Frontier entrepreneurs encounter vast prospects, for growth and prosperity. Through top tier SBA lending initiatives Alaskas small businesses can access resources to drive their development and creativity.
Alaska
The Last Frontier
71,781 small businesses
138,752 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Alaska
Between March 2021 and March 2022, 2,514 Alaska establishments opened and 1,808 closed, for a net increase of 706. Employment expanded at 5,458 establishments and contracted at 4,297. Small businesses accounted for 2,408 establishment openings and 1,719 closings.
Establishments in Alaska
Employment in Alaska
Between March 2021 and March 2022, 2,514 Alaska establishments opened and 1,808 closed, for a net increase of 706. Employment expanded at 5,458 establishments and contracted at 4,297. Small businesses accounted for 2,408 establishment openings and 1,719 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Alaska
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $228.7 million in loans to Alaska businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $277.8 million. Total reported new lending to businesses through loans of $1 million or less was $895.1 million.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Alaska's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Alaska
Business Count by Demographic in Alaska
Total Alaska Employement by Business Size
Small Business Employment and Payroll by Industry in Alaska
Source: Business Employment Dynamics (BLS)