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County1st of 26 in Alaska by approvalsFIPS 02020
SBA loans in Anchorage Municipality, Alaska
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Anchorage Municipality, Alaska, received 295 SBA loan approvals worth $229M in FY2021 to FY2025 (244 7(a), 51 504).
That is 33.5 approvals per 1,000 business establishments (8,799 establishments in 2023), close to the Alaska figure of 29.2 and below the national 41.0.
It ranks 1st of 26 Alaska counties with approvals. In FY2025 there were 61, up 22% on FY2024.
48 lenders had approvals here; the most active were Evergreen Business Capital (49), Alaska Growth Capital BIDCO, Inc. (38) and Northrim Bank (35). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Anchorage Municipality
By number of approvals to businesses in the county, FY2021–FY2025; 48 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Evergreen Business CapitalSeattle, WA · CDC | 49 | $38.5M | 16.6% | |
| 2 | Alaska Growth Capital BIDCO, Inc.Anchorage, AK | 38 | $32.7M | 12.9% | |
| 3 | Northrim BankAnchorage, AK | 35 | $26.2M | 11.9% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 27 | $16.6M | 9.2% | |
| 5 | KeyBank National AssociationCleveland, OH | 24 | $4.8M | 8.1% | |
| 6 | Newtek Small Business Finance, Inc.Lake Success, NY | 15 | $12.1M | 5.1% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 12 | $15.3M | 4.1% | |
| 8 | Northeast BankLewiston, ME | 12 | $1.0M | 4.1% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 8 | $9.3M | 2.7% | |
| 10 | Newtek Bank, National AssociationMiami, FL | 8 | $6.9M | 2.7% | |
| 11 | First National Bank AlaskaAnchorage, AK | 7 | $7.0M | 2.4% | |
| 12 | HomeTrust BankAsheville, NC | 5 | $2.6M | 1.7% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 4 | $1.6M | 1.4% | |
| 14 | Harborstone CULakewood, WA | 3 | $5.7M | 1.0% | |
| 15 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 3 | $5.5M | 1.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 36 | 12.2% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 10 | 3.4% | |
| 3 | Lessors of Real EstateNAICS 5311 | 9 | 3.1% | |
| 4 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 9 | 3.1% | |
| 5 | Nonresidential Building ConstructionNAICS 2362 | 8 | 2.7% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 8 | 2.7% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 8 | 2.7% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 7 | 2.4% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 2.4% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 2.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 44 | 14.9% | |
| 2 | Retail Trade | 42 | 14.2% | |
| 3 | Construction | 36 | 12.2% | |
| 4 | Health Care and Social Assistance | 33 | 11.2% | |
| 5 | Professional, Scientific, and Technical Services | 25 | 8.5% | |
| 6 | Other Services (except Public Administration) | 23 | 7.8% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 19 | 6.4% | |
| 8 | Manufacturing | 19 | 6.4% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 25 | $21.2M | $250K | 6 | $7.5M | 31 | 333 |
| FY2025 | 57 | $39.0M | $400K | 4 | $2.1M | 61 | 649 |
| FY2024 | 42 | $32.5M | $415K | 8 | $6.2M | 50 | 486 |
| FY2023 | 38 | $29.9M | $327K | 12 | $9.3M | 50 | 686 |
| FY2022 | 40 | $34.2M | $514K | 16 | $17.5M | 56 | 980 |
| FY2021 | 67 | $53.0M | $459K | 11 | $5.1M | 78 | 969 |
| FY2020 | 26 | $13.6M | $350K | 4 | $2.0M | 30 | 287 |
| FY2019 | 47 | $37.6M | $460K | 4 | $1.8M | 51 | 594 |
| FY2018 | 54 | $52.0M | $478K | 7 | $2.9M | 61 | 985 |
| FY2017 | 45 | $24.4M | $167K | 8 | $10.8M | 53 | 345 |
| FY2016 | 77 | $36.3M | $200K | 7 | $2.8M | 84 | 1,505 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 279 approvals.
Against Alaska and the country
| FY2021–FY2025 | Anchorage Municipality | Alaska | United States |
|---|---|---|---|
| Approvals | 295 | 647 | 342,825 |
| Approvals per 1,000 establishments | 33.5 | 29.2 | 41.0 |
| Median 7(a) approval | $436K | $351K | $190K |
| Median 504 approval | $569K | $515K | $657K |
| Average approval | $776K | $738K | $573K |
| 504 share of approvals | 17.3% | 16.1% | 11.0% |
| Jobs supported per approval, as reported | 12.8 | 11.5 | 10.5 |
| Share of state approvals | 45.6% | 100.0% | — |
Approval sizes
- $50,000 or less11.2%33
- $50,001 to $150,00011.2%33
- $150,001 to $350,00016.3%48
- $350,001 to $1 million40.3%119
- $1 million to $2 million11.9%35
- Over $2 million9.2%27
Age of the businesses
- Existing, more than 2 years old55.6%164
- New business, 2 years or less18.6%55
- Startup, loan funds will open the business12.5%37
- Change of ownership13.2%39
Questions and answers
Which lenders make the most SBA loans in Anchorage Municipality?
By approvals in FY2021 to FY2025: Evergreen Business Capital (49), Alaska Growth Capital BIDCO, Inc. (38), Northrim Bank (35), Wells Fargo Bank National Association (27), KeyBank National Association (24). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Anchorage Municipality?
The median 7(a) approval was $436K and the median 504 approval $569K; the Alaska 7(a) median was $351K.
Which industries get the most SBA loans in Anchorage Municipality?
Restaurants and Other Eating Places (36); Services to Buildings and Dwellings (10); Lessors of Real Estate (9); Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (9); Nonresidential Building Construction (8).
Is SBA lending in Anchorage Municipality rising?
Approvals in the three latest complete fiscal years total 161, against 164 in the three before: broadly level (-2%).
How does Anchorage Municipality compare with the rest of Alaska?
33.5 approvals per 1,000 establishments against 29.2 statewide, and 295 of the state's 647 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error