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U.S. Small Business Administration Alaska District Office Names Community Lender of the Year for 2013

Release Date: 
Thursday, December 5, 2013
Release Number: 
AK13-12.3
Advisory Date: 
Thursday, December 5, 2013
Contact: 
Scott Swingle

Anchorage – Alaska Growth Capital (AGC) BIDCO, Inc. was selected as the Alaska U.S. Small Business Administration’s (SBA) Community Lender of the Year for 2013.  This award recognizes Alaska Growth Capital’s commitment to providing financial assistance to businesses located in Alaska during the federal fiscal year.  Any type of financial institution, located anywhere in the United States, may be considered for this award.

“SBA has been a critical partner for AGC and is a key part for much of our success.  Additionally Nelida Irvine, Sam Dickey and the others at SBA have been a pleasure to work with and continue to provide great support to me and all of our staff,” said Chris McGee, President and CEO Alaska Growth Capitol Bidco, Inc.

With 24 loan approvals during the fiscal year ending September 30, 2013, totaling $22,637,200 Alaska Growth Capital has made a significant impact on Alaska’s small businesses.

“Alaska Growth Capital, BIDCO was presented with SBAs Alaska Community Lender of the Year award due to their portfolio performance and their commitment to supporting the growth and expansion of small businesses,” said Regional Administrator Calvin Goings.

“Alaska Growth Capital and our other SBA lending partners play vital roles in financing new Alaskan small businesses, and facilitating the expansion of existing businesses,” said Sam Dickey, Alaska SBA District Director.  “We are proud to recognize AGC for their success in using SBA’s loan guaranty programs to provide our small business community with access to capital.”

For more information, please contact Scott Swingle in the U.S. Small Business Administration Alaska District Office, 907-474-4878.