FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Alaska, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 114 loans in Alaska: 100 under 7(a) and 14 under 504, worth $61.8M.
That is down 32% on FY2016, when there were 168 approvals worth $75.8M.
Alaska accounted for 0.2% of the 68,648 approvals nationwide that year. 15 lenders had at least one approval in the state; Wells Fargo Bank National Association had the most, 60.
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 15 lenders with the most approvals to Alaska businesses in FY2017, of 15 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7(a) | 60 | $23.1M | 52.6% | 99 | -39 |
| 2 | Evergreen Business Capital | 504 | 14 | $15.3M | 12.3% | 13 | +1 |
| 3 | KeyBank National Association | 7(a) | 10 | $3.7M | 8.8% | 5 | +5 |
| 4 | Alaska Growth Capital BIDCO, Inc. | 7(a) | 6 | $5.4M | 5.3% | 20 | -14 |
| 5 | Northrim Bank | 7(a) | 6 | $1.5M | 5.3% | 9 | -3 |
| 6 | Newtek Small Business Finance, Inc. | 7(a) | 4 | $7.1M | 3.5% | 1 | +3 |
| 7 | Evergreen Business Capital | 7(a) | 4 | $594K | 3.5% | 3 | +1 |
| 8 | Spirit of Alaska FCU | 7(a) | 2 | — | 1.8% | 0 | new |
| 9 | Stearns Bank National Association | 7(a) | 2 | — | 1.8% | 1 | +1 |
| 10 | Readycap Lending, LLC | 7(a) | 1 | — | 0.9% | 0 | new |
| 11 | PCB Bank | 7(a) | 1 | — | 0.9% | 0 | new |
| 12 | Royal Business Bank | 7(a) | 1 | — | 0.9% | 0 | new |
| 13 | BayFirst National Bank | 7(a) | 1 | — | 0.9% | 2 | -1 |
| 14 | Banner Bank | 7(a) | 1 | — | 0.9% | 0 | new |
| 15 | FinWise Bank | 7(a) | 1 | — | 0.9% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Anchorage Municipality | 53 | $35.2M | 46.5% | 84 | -31 |
| 2 | Matanuska-Susitna Borough | 17 | $7.9M | 14.9% | 30 | -13 |
| 3 | Kenai Peninsula Borough | 12 | $1.8M | 10.5% | 14 | -2 |
| 4 | Juneau City and Borough | 6 | $5.9M | 5.3% | 7 | -1 |
| 5 | Fairbanks North Star Borough | 5 | $2.4M | 4.4% | 10 | -5 |
| 6 | Haines Borough | 3 | $1.0M | 2.6% | 0 | new |
| 7 | Kodiak Island Borough | 3 | $605K | 2.6% | 1 | +2 |
| 8 | Southeast Fairbanks Census Area | 3 | $600K | 2.6% | 0 | new |
| 9 | Sitka City and Borough | 2 | — | 1.8% | 2 | 0 |
| 10 | Copper River Census Area | 2 | — | 1.8% | 3 | -1 |
| 11 | Prince of Wales-Hyder Census Area | 2 | — | 1.8% | 1 | +1 |
| 12 | Ketchikan Gateway Borough | 1 | — | 0.9% | 3 | -2 |
| 13 | Hoonah-Angoon Census Area | 1 | — | 0.9% | 0 | new |
| 14 | North Slope Borough | 1 | — | 0.9% | 3 | -2 |
| 15 | Nome Census Area | 1 | — | 0.9% | 1 | 0 |
| 16 | Bristol Bay Borough | 1 | — | 0.9% | 1 | 0 |
| 17 | Petersburg Borough | 1 | — | 0.9% | 0 | new |
FY2017 against FY2016
| Alaska | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 100 | 155 |
| 7(a) dollars | $46.5M | $68.5M |
| Median 7(a) approval | $200K | $80K |
| 504 approvals | 14 | 13 |
| 504 dollars | $15.3M | $7.2M |
| Jobs supported, as reported | 868 | 2,025 |
Questions and answers
Which lenders made the most SBA loans in Alaska in FY2017?
Wells Fargo Bank National Association (60), Evergreen Business Capital (14), KeyBank National Association (10), Alaska Growth Capital BIDCO, Inc. (6), Northrim Bank (6). 15 lenders had at least one approval.
How many SBA loans were approved in Alaska in FY2017?
114: 100 under 7(a) worth $46.5M and 14 under 504 worth $15.3M.
Which Alaska counties had the most SBA approvals in FY2017?
Anchorage Municipality (53), Matanuska-Susitna Borough (17), Kenai Peninsula Borough (12), Juneau City and Borough (6), Fairbanks North Star Borough (5).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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