Alaska SBA Loan Data

4,736 loans totaling $1.9B across all SBA programs.

Total Loans
4,736
1991–2025
Total Volume
$1.9B
Gross approval amount
Avg Loan Size
$393K
Median: $160K
Avg Interest Rate
7.46%
Default rate: 7.1%

Alaska Loan Status

Active16.5%
Paid in Full66.1%
Charged Off6.3%
Cancelled9.9%
Committed0.8%

Download State Data

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Alaska Annual Lending Volume

Number of Loans per Year

Top Industries

Loan Size Distribution

Top Lenders in Alaska

LenderLoansVolumeAvg SizeAvg RateDefault Rate
Alaska Growth Capital BIDCO, Inc.432$356.2M$825K6.93%9.9%
Wells Fargo Bank National Association1,297$295.4M$228K7.64%5.5%
Northrim Bank590$156.8M$266K6.63%7.0%
KeyBank National Association457$110.7M$242K7.45%8.9%
Newtek Small Business Finance, Inc.61$78.2M$1.3M7.25%2.5%
First National Bank Alaska409$76.6M$187K8.59%9.1%
Live Oak Banking Company47$61.5M$1.3M7.12%2.4%
GLOBAL FEDERAL CREDIT UNION69$51.6M$747KN/A1.7%
NORTHRIM BANK63$41.5M$658KN/A3.7%
FIRST NATIONAL BANK ALASKA86$37.9M$440KN/A1.3%
KEYBANK NATIONAL ASSOCIATION37$29.8M$804KN/A0.0%
Denali State Bank79$28.8M$364K6.62%2.7%
Readycap Lending, LLC36$25.1M$698K10.75%3.5%
Hanmi Bank14$23.4M$1.7M5.44%33.3%
Newtek Bank, National Association27$21.2M$787K11.23%0.0%
Harborstone CU10$18.1M$1.8M6.83%0.0%
First Bank71$15.8M$223K6.81%6.1%
First Internet Bank of Indiana6$13.4M$2.2M10.71%0.0%
Bank of Hope26$13.1M$504K6.25%0.0%
Enterprise Bank & Trust15$11.6M$777K5.85%0.0%
Independence Bank8$9.9M$1.2M8.83%50.0%
WELLS FARGO BANK NATIONAL ASSOCIATION11$9.2M$838KN/A0.0%
Brookline Bank, a Division of Beacon Bank and Trust6$9.2M$1.5M7.33%0.0%
Wells Fargo Bank Alaska, National Association19$8.4M$441KN/A5.9%
Mt McKinley Bank28$8.1M$290K7.15%4.0%

Top Counties in Alaska

Showing 125 of 30

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