FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Alaska, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 168 loans in Alaska: 155 under 7(a) and 13 under 504, worth $75.8M.
That is about level with FY2015, when there were 173 approvals worth $92.9M.
Alaska accounted for 0.2% of the 70,012 approvals nationwide that year. 16 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 99.
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.
Approvals by lender
The 16 lenders with the most approvals to Alaska businesses in FY2016, of 16 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 99 | $20.7M | 58.9% | 85 | +14 |
| 2 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 20 | $22.9M | 11.9% | 32 | -12 |
| 3 | Evergreen Business Capital | 504 | 13 | $7.2M | 7.7% | 23 | -10 |
| 4 | Northrim Bank | 7(a) | 9 | $5.0M | 5.4% | 6 | +3 |
| 5 | Global Federal Credit Union | 7(a) | 5 | $1.1M | 3.0% | 1 | +4 |
| 6 | KeyBank National Association | 7(a) | 5 | $712K | 3.0% | 7 | -2 |
| 7 | Live Oak Banking Company | 7(a) | 3 | $5.5M | 1.8% | 1 | +2 |
| 8 | Evergreen Business Capital | 7(a) | 3 | $246K | 1.8% | 0 | new |
| 9 | Capital Bank, National Association | 7(a) | 2 | — | 1.2% | 0 | new |
| 10 | Bank Five Nine | 7(a) | 2 | — | 1.2% | 0 | new |
| 11 | BayFirst National Bank | 7(a) | 2 | — | 1.2% | 0 | new |
| 12 | Harborstone CU | 7(a) | 1 | — | 0.6% | 0 | new |
| 13 | Newtek Small Business Finance, Inc. | 7(a) | 1 | — | 0.6% | 1 | 0 |
| 14 | Hana Small Business Lending, Inc. | 7(a) | 1 | — | 0.6% | 0 | new |
| 15 | Celtic Bank Corporation | 7(a) | 1 | — | 0.6% | 1 | 0 |
| 16 | Stearns Bank National Association | 7(a) | 1 | — | 0.6% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Anchorage Municipality | 84 | $39.1M | 50.0% | 83 | +1 |
| 2 | Matanuska-Susitna Borough | 30 | $13.6M | 17.9% | 20 | +10 |
| 3 | Kenai Peninsula Borough | 14 | $2.0M | 8.3% | 16 | -2 |
| 4 | Fairbanks North Star Borough | 10 | $8.6M | 6.0% | 17 | -7 |
| 5 | Juneau City and Borough | 7 | $714K | 4.2% | 5 | +2 |
| 6 | Ketchikan Gateway Borough | 3 | $293K | 1.8% | 3 | 0 |
| 7 | North Slope Borough | 3 | $1.7M | 1.8% | 1 | +2 |
| 8 | Copper River Census Area | 3 | $4.3M | 1.8% | 3 | 0 |
| 9 | Bethel Census Area | 3 | $425K | 1.8% | 3 | 0 |
| 10 | Sitka City and Borough | 2 | — | 1.2% | 2 | 0 |
| 11 | Yakutat City and Borough | 2 | — | 1.2% | 0 | new |
| 12 | Kodiak Island Borough | 1 | — | 0.6% | 2 | -1 |
| 13 | Nome Census Area | 1 | — | 0.6% | 2 | -1 |
| 14 | Skagway Municipality | 1 | — | 0.6% | 3 | -2 |
| 15 | Prince of Wales-Hyder Census Area | 1 | — | 0.6% | 4 | -3 |
| 16 | Aleutians East Borough | 1 | — | 0.6% | 2 | -1 |
| 17 | Bristol Bay Borough | 1 | — | 0.6% | 1 | 0 |
| 18 | Lake and Peninsula Borough | 1 | — | 0.6% | 0 | new |
FY2016 against FY2015
| Alaska | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 155 | 149 |
| 7(a) dollars | $68.5M | $73.8M |
| Median 7(a) approval | $80K | $200K |
| 504 approvals | 13 | 24 |
| 504 dollars | $7.2M | $19.1M |
| Jobs supported, as reported | 2,025 | 2,372 |
Questions and answers
Which lenders made the most SBA loans in Alaska in FY2016?
Wells Fargo Bank National Association (99), Alaska Growth Capital BIDCO, Inc. (20), Evergreen Business Capital (13), Northrim Bank (9), Global Federal Credit Union (5). 16 lenders had at least one approval.
How many SBA loans were approved in Alaska in FY2016?
168: 155 under 7(a) worth $68.5M and 13 under 504 worth $7.2M.
Which Alaska counties had the most SBA approvals in FY2016?
Anchorage Municipality (84), Matanuska-Susitna Borough (30), Kenai Peninsula Borough (14), Fairbanks North Star Borough (10), Juneau City and Borough (7).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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