FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Alaska, FY2021
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 FY2021 (1 October 2020 to 30 September 2021) SBA approved 139 loans in Alaska: 120 under 7(a) and 19 under 504, worth $112M.
That is up 70% on FY2020, when there were 82 approvals worth $36.0M.
Alaska accounted for 0.2% of the 61,532 approvals nationwide that year. 27 lenders had at least one approval in the state; Northrim Bank had the most, 40.
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 27 lenders with the most approvals to Alaska businesses in FY2021, of 27 active.
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | Anchorage Municipality | 78 | $58.1M | 56.1% | 30 | +48 |
| 2 | Fairbanks North Star Borough | 17 | $13.8M | 12.2% | 14 | +3 |
| 3 | Matanuska-Susitna Borough | 13 | $12.7M | 9.4% | 11 | +2 |
| 4 | Kenai Peninsula Borough | 8 | $5.6M | 5.8% | 5 | +3 |
| 5 | Juneau City and Borough | 4 | $6.4M | 2.9% | 2 | +2 |
| 6 | Ketchikan Gateway Borough | 4 | $2.1M | 2.9% | 2 | +2 |
| 7 | Kodiak Island Borough | 4 | $4.5M | 2.9% | 2 | +2 |
| 8 | Southeast Fairbanks Census Area | 3 | $1.7M | 2.2% | 0 | new |
| 9 | Denali Borough | 2 | — | 1.4% | 0 | new |
| 10 | Northwest Arctic Borough | 1 | — | 0.7% | 0 | new |
| 11 | Sitka City and Borough | 1 | — | 0.7% | 1 | 0 |
| 12 | Aleutians West Census Area | 1 | — | 0.7% | 0 | new |
| 13 | Yakutat City and Borough | 1 | — | 0.7% | 0 | new |
| 14 | Bristol Bay Borough | 1 | — | 0.7% | 0 | new |
| 15 | Wrangell City and Borough | 1 | — | 0.7% | 0 | new |
FY2021 against FY2020
| Alaska | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 120 | 73 |
| 7(a) dollars | $99.3M | $30.4M |
| Median 7(a) approval | $417K | $217K |
| 504 approvals | 19 | 9 |
| 504 dollars | $12.6M | $5.6M |
| Jobs supported, as reported | 1,792 | 698 |
Questions and answers
Which lenders made the most SBA loans in Alaska in FY2021?
Northrim Bank (40), Evergreen Business Capital (18), Wells Fargo Bank National Association (13), Newtek Small Business Finance, Inc. (12), Alaska Growth Capital BIDCO, Inc. (12). 27 lenders had at least one approval.
How many SBA loans were approved in Alaska in FY2021?
139: 120 under 7(a) worth $99.3M and 19 under 504 worth $12.6M.
Which Alaska counties had the most SBA approvals in FY2021?
Anchorage Municipality (78), Fairbanks North Star Borough (17), Matanuska-Susitna Borough (13), Kenai Peninsula Borough (8), Juneau City and Borough (4).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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