Lenders › Alaska Growth Capital BIDCO, Inc.
7(a) lenderAnchorage, Alaskanon-bank 7(a) lender336th of 2,184 by approvals
Alaska Growth Capital BIDCO, Inc.
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Alaska Growth Capital BIDCO, Inc. (Anchorage, Alaska) is a non-bank 7(a) lender in the SBA 7(a) program, 336th of 2,184 by approvals in FY2021 to FY2025: 90 loans worth $95.8M.
In FY2025, the latest complete fiscal year, it had 23 approvals totalling $27.1M, up 77% on FY2024 (13). FY2026 to 30 Jun 2026 adds 8 more.
The median approval was $650K, against $190K for the 7(a) program as a whole; 8.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 6 states and territories and 21 counties, led by Alaska (91.1%), Montana (2.2%) and Wyoming (2.2%). The largest industry group was retail trade at 15.6% of approvals, and 5.6% of approvals were to franchise businesses.
Of 249 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (6.4%), 190 as paid in full and 43 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 8 | $15.2M | $1.1M | $1.9M | 174 |
| FY2025 | 23 | $27.1M | $500K | $1.2M | 455 |
| FY2024 | 13 | $15.0M | $640K | $1.2M | 190 |
| FY2023 | 15 | $15.3M | $630K | $1.0M | 269 |
| FY2022 | 22 | $24.6M | $783K | $1.1M | 359 |
| FY2021 | 17 | $13.8M | $500K | $815K | 210 |
| FY2020 | 12 | $10.0M | $342K | $831K | 281 |
| FY2019 | 14 | $16.2M | $754K | $1.2M | 291 |
| FY2018 | 17 | $18.2M | $700K | $1.1M | 713 |
| FY2017 | 10 | $8.1M | $493K | $807K | 307 |
| FY2016 | 28 | $35.2M | $446K | $1.3M | 1,001 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 81 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Alaska | 7(a) program |
|---|---|---|---|
| Approvals in these years | 266 | 1,387 | 639,905 |
| Cancelled or never disbursed | 17 | 165 | 79,313 |
| Disbursed loans | 249 | 1,222 | 560,592 |
| Paid in full | 190 | 915 | 435,813 |
| Charged off | 16 | 59 | 36,891 |
| Still outstanding (status exempt from disclosure) | 43 | 248 | 87,888 |
| Charged off, share of disbursed loans | 6.4% | 4.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.8% | 2.4% | 2.5% |
| Dollars charged off | $7.1M | $15.6M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 15 | 10 | 0 | — | 2.8% |
| FY2020 | 11 | 4 | 0 | — | 4.0% |
| FY2019 | 14 | 9 | 0 | — | 6.7% |
| FY2018 | 17 | 14 | 0 | — | 7.9% |
| FY2017 | 9 | 6 | 0 | — | 7.7% |
| FY2016 | 28 | 19 | 3 | — | 7.2% |
| FY2015 | 36 | 27 | 1 | 2.8% | 6.9% |
| FY2014 | 30 | 25 | 4 | 13.3% | 6.4% |
| FY2013 | 27 | 23 | 2 | — | 6.0% |
| FY2012 | 23 | 22 | 0 | — | 6.3% |
| FY2011 | 21 | 19 | 2 | — | 6.9% |
| FY2010 | 18 | 12 | 4 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $650K | $190K |
| Average approval | $1.1M | $518K |
| Approvals of $150,000 or less | 8.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 38.9% | 34.3% |
| Approvals to franchise businesses | 5.6% | 11.5% |
| Jobs supported per approval, as reported | 16.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.4% | 6.6% |
States served
| # | State of the business (6 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Alaska | 82 | $81.8M | 91.1% | |
| 2 | Montana | 2 | — | 2.2% | |
| 3 | Wyoming | 2 | — | 2.2% | |
| 4 | Washington | 2 | — | 2.2% | |
| 5 | California | 1 | — | 1.1% | |
| 6 | Colorado | 1 | — | 1.1% |
In Alaska the lender accounts for 15.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (21 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Anchorage Municipality, AK | 38 | $32.7M | 42.2% | |
| 2 | Matanuska-Susitna Borough, AK | 16 | $24.1M | 17.8% | |
| 3 | Kenai Peninsula Borough, AK | 8 | $2.7M | 8.9% | |
| 4 | Sitka City and Borough, AK | 4 | $3.5M | 4.4% | |
| 5 | Bristol Bay Borough, AK | 3 | $2.3M | 3.3% | |
| 6 | Aleutians West Census Area, AK | 2 | — | 2.2% | |
| 7 | Juneau City and Borough, AK | 2 | — | 2.2% | |
| 8 | Sheridan County, WY | 2 | — | 2.2% | |
| 9 | Bethel Census Area, AK | 2 | — | 2.2% | |
| 10 | Skagway Municipality, AK | 2 | — | 2.2% | |
| 11 | Los Angeles County, CA | 1 | — | 1.1% | |
| 12 | Flathead County, MT | 1 | — | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 14 | 15.6% | |
| 2 | Accommodation and Food Services | 13 | 14.4% | |
| 3 | Professional, Scientific, and Technical Services | 10 | 11.1% | |
| 4 | Manufacturing | 10 | 11.1% | |
| 5 | Transportation and Warehousing | 9 | 10.0% | |
| 6 | Construction | 7 | 7.8% | |
| 7 | Health Care and Social Assistance | 6 | 6.7% | |
| 8 | Other Services (except Public Administration) | 5 | 5.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 10.0% | |
| 2 | Beverage ManufacturingNAICS 3121 | 4 | 4.4% | |
| 3 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 3 | 3.3% | |
| 4 | Nonresidential Building ConstructionNAICS 2362 | 3 | 3.3% | |
| 5 | Scenic and Sightseeing Transportation, WaterNAICS 4872 | 3 | 3.3% | |
| 6 | Specialty Food StoresNAICS 4452 | 3 | 3.3% | |
| 7 | Beer, Wine, and Liquor StoresNAICS 4453 | 3 | 3.3% | |
| 8 | Special Food ServicesNAICS 7223 | 3 | 3.3% | |
| 9 | Management of Companies and EnterprisesNAICS 5511 | 2 | 2.2% | |
| 10 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 2.2% |
Approval sizes
- $50,000 or less1.1%1
- $50,001 to $150,0007.8%7
- $150,001 to $350,00018.9%17
- $350,001 to $1 million40.0%36
- $1 million to $2 million14.4%13
- Over $2 million17.8%16
Loan terms
- Over 5 to 10 years66.7%60
- Over 10 to 20 years7.8%7
- Over 20 years25.6%23
Age of the businesses
- Existing, more than 2 years old44.4%40
- New business, 2 years or less16.7%15
- Startup, loan funds will open the business22.2%20
- Change of ownership16.7%15
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 75 | 83.3% | |
| 2 | 7a General | 9 | 10.0% | |
| 3 | International Trade Loans | 6 | 6.7% |
Franchise share
5 of 90 approvals in FY2021–FY2025 (5.6%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Great Harvest Bread Co. | 1 | 1.1% | |
| 2 | Yamaha | 1 | 1.1% | |
| 3 | Wienerschnitzel | 1 | 1.1% | |
| 4 | Pita Pit | 1 | 1.1% | |
| 5 | House of Bread | 1 | 1.1% |
Questions and answers
How many SBA loans does Alaska Growth Capital BIDCO, Inc. make?
SBA approved 23 7(a) loans through Alaska Growth Capital BIDCO, Inc. in FY2025, worth $27.1M, and 90 over FY2021 to FY2025. That ranks 336th of 2,184 active 7(a) lenders by number of approvals.
How large are Alaska Growth Capital BIDCO, Inc.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $650K and the average $1.1M. The program-wide median was $190K.
What is Alaska Growth Capital BIDCO, Inc.'s charge-off rate?
Of 249 disbursed loans approved in FY2010 to FY2021, SBA records 16 as charged off (6.4%), 190 as paid in full and 43 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Alaska Growth Capital BIDCO, Inc. lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (9); beverage manufacturing (4); continuing care retirement communities and assisted living facilities for the elderly (3); nonresidential building construction (3).
Where does Alaska Growth Capital BIDCO, Inc. make SBA loans?
In 6 states and territories. Alaska 82, Montana 2, Wyoming 2, Washington 2, California 1. In Alaska it accounts for 15.1% of all 7(a) approvals.
Is Alaska Growth Capital BIDCO, Inc.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 51, against 51 in the three before: broadly level (0%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error