President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.

SBA AK District Office FY 2014 Loan Approval (October 2013 through January 2014)

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Name 7a Number of Loans 7a Loan Amountsort ascending
Wells Fargo Bank, N.A. 7 6,652,300
AK Growth Capital, BIDCO Inc. 4 1,665,000
Newtek Small Business Finance, Inc. 1 650,200
AK Pacific Bank 2 375,000
First National Bank of AK 1 195,000
AK USA FCU 2 111,700
KeyBank, N.A. 1 20,000

CDC/504 Loan Program

Lender Name CDC/504 Number of Loans CDC/504 Loan Amountsort ascending
Evergreen Business Capital 4 1,224,000