SBA 7(a) lenders in AK

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

101 institutions have SBA 7(a) loans on record in AK, together $1.14B across 2,111 loans.

Largest lenders

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Alaska Growth Capital BIDCO, Inc.	333	$305.7M	26.9%	1.67%
2	Wells Fargo Bank National Association	650	$193.7M	17.1%	0.89%
3	Northrim Bank	288	$98.4M	8.7%	2.48%
4	Newtek Small Business Finance, Inc.	61	$78.2M	6.9%	0.55%
5	Live Oak Banking Company	52	$67.4M	5.9%	1.78%
6	KeyBank National Association	197	$64.5M	5.7%	0.85%
7	Newtek Bank, National Association	36	$22.3M	2.0%	0.00%
8	Hanmi Bank	7	$19.0M	1.7%	18.44%
9	Harborstone CU	10	$18.1M	1.6%	0.00%
10	Readycap Lending, LLC	23	$16.8M	1.5%	0.00%
11	First National Bank Alaska	27	$16.3M	1.4%	0.00%
12	First Internet Bank of Indiana	6	$13.4M	1.2%	0.00%
13	Enterprise Bank & Trust	15	$11.6M	1.0%	0.00%
14	Beacon Bank and Trust	6	$9.2M	0.8%	0.00%
15	UniBank	3	$7.2M	0.6%	0.00%
16	The Huntington National Bank	6	$7.1M	0.6%	0.35%
17	Columbia Bank	28	$6.7M	0.6%	2.22%
18	FDIC - Community Bank & Trust-West Georgia	4	$6.6M	0.6%	0.00%
19	Independence Bank	5	$6.6M	0.6%	46.40%
20	Patriot Bank, National Association	4	$6.5M	0.6%	0.00%
21	BayFirst National Bank	24	$6.2M	0.6%	1.86%
22	Mt McKinley Bank	14	$6.2M	0.5%	0.00%
23	Open Bank	6	$5.9M	0.5%	0.00%
24	Bank of Hope	7	$5.8M	0.5%	0.00%
25	First Bank of the Lake	5	$5.4M	0.5%	0.00%
26	Celtic Bank Corporation	18	$5.2M	0.5%	0.00%
27	Mountain Pacific Bank	5	$5.2M	0.5%	0.00%
28	Stearns Bank National Association	8	$5.1M	0.5%	0.00%
29	Northwest FCU	2	$5.0M	0.4%	0.00%
30	MVB Bank, Inc.	1	$5.0M	0.4%	0.00%
31	BMO Bank National Association	2	$5.0M	0.4%	0.00%
32	Capital Bank, National Association	2	$4.9M	0.4%	0.00%
33	HomeTrust Bank	8	$4.9M	0.4%	0.00%
34	Global Federal Credit Union	33	$4.8M	0.4%	7.43%
35	Banc of California	4	$4.4M	0.4%	0.00%
36	National Cooperative Bank, National Association	6	$4.3M	0.4%	0.00%
37	Blue Ridge Bank National Association	3	$4.2M	0.4%	0.00%
38	Hana Small Business Lending, Inc.	7	$4.1M	0.4%	2.43%
39	Bank Five Nine	3	$4.0M	0.4%	0.00%
40	First Bank	2	$3.4M	0.3%	0.00%
41	Northeast Bank	24	$3.0M	0.3%	0.00%
42	Bank of Springfield	1	$2.8M	0.2%	0.00%
43	Byline Bank	3	$2.8M	0.2%	0.00%
44	Pathward National Association	4	$2.7M	0.2%	0.00%
45	NuVision FCU	5	$2.7M	0.2%	0.00%
46	United Midwest Savings Bank National Association	9	$2.6M	0.2%	0.00%
47	Three Rivers Bank of Montana	3	$2.5M	0.2%	0.00%
48	Denali State Bank	3	$2.5M	0.2%	0.00%
49	Gulf Coast Bank and Trust Company	1	$2.2M	0.2%	0.00%
50	Fifth Third Bank	1	$1.9M	0.2%	0.00%
51	Evergreen Business Capital	13	$1.9M	0.2%	7.95%
52	Evolve Bank and Trust	3	$1.8M	0.2%	26.88%
53	Legacy Bank	1	$1.8M	0.2%	0.00%
54	First-Citizens Bank & Trust Company	1	$1.7M	0.1%	0.00%
55	First Fed Bank	1	$1.6M	0.1%	0.00%
56	Banner Bank	6	$1.5M	0.1%	0.00%
57	VelocitySBA, LLC	39	$1.4M	0.1%	0.86%
58	TowneBank	1	$1.4M	0.1%	0.00%
59	Renasant Bank	1	$1.3M	0.1%	0.00%
60	Lexicon Bank	1	$1.3M	0.1%	0.00%
61	Bank of America, National Association	3	$1.1M	0.1%	0.00%
62	BankVista	2	$1.0M	0.1%	0.00%
63	Five Star Bank	3	$925K	0.1%	0.00%
64	Stone Bank	2	$910K	0.1%	0.00%
65	First National Bank of Pennsylvania	1	$895K	0.1%	0.00%
66	PCB Bank	2	$889K	0.1%	0.00%
67	City National Bank of Florida	2	$875K	0.1%	0.00%
68	Business Lenders, LLC	1	$823K	0.1%	0.00%
69	First Financial Bank	2	$705K	0.1%	0.00%
70	Truliant FCU	1	$698K	0.1%	0.00%
71	First Merchants Bank	1	$640K	0.1%	0.00%
72	Seacoast National Bank	2	$625K	0.1%	32.81%
73	22nd State Bank, A Division of 22nd State Banking Company	1	$608K	0.1%	0.00%
74	Royal Business Bank	1	$590K	0.1%	0.00%
75	Banesco USA	1	$547K	0.0%	0.00%
76	Fund-Ex Solutions Group, LLC	1	$526K	0.0%	0.00%
77	CenTrust Bank, A Division of SmartBiz Bank National Association	3	$500K	0.0%	0.00%
78	The Bancorp Bank National Association	1	$499K	0.0%	0.00%
79	Spirit of Alaska FCU	2	$493K	0.0%	0.00%
80	Glacier Bank	3	$479K	0.0%	0.00%
81	Lendistry SBLC, LLC	3	$459K	0.0%	0.00%
82	Commonwealth Business Bank	1	$410K	0.0%	0.00%
83	American Momentum Bank	1	$408K	0.0%	0.00%
84	Tongass FCU	3	$397K	0.0%	0.00%
85	United Business Bank	1	$390K	0.0%	0.00%
86	U.S. Bank, National Association	3	$350K	0.0%	0.00%
87	Native American Bank, National Association	3	$327K	0.0%	0.00%
88	Happen Bank	1	$322K	0.0%	0.00%
89	Capital One National Association	5	$285K	0.0%	11.32%
90	First Savings Bank	1	$280K	0.0%	0.00%
91	Seattle Economic Development Fund dba Community Ca	2	$258K	0.0%	0.00%
92	Carver State Bank	1	$238K	0.0%	0.00%
93	Twin City Bank	1	$200K	0.0%	0.00%
94	JPMorgan Chase Bank, National Association	1	$200K	0.0%	0.00%
95	Customers Bank	1	$200K	0.0%	0.00%
96	FinWise Bank	1	$150K	0.0%	0.00%
97	Florida Capital Bank, National Association	1	$145K	0.0%	87.02%
98	Magnifi Financial CU	1	$100K	0.0%	0.00%
99	My Kind of Bank National Association	1	$77K	0.0%	0.00%
100	Bar Harbor Bank & Trust	1	$25K	0.0%	0.00%
101	Zions Bank, A Division of	1	$25K	0.0%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

By county

Rank	County	Lenders	Loans	Approved
1	Anchorage	77	918	$589.7M
2	Matanuska Susitna	33	268	$157.5M
3	Fairbanks North Star	32	214	$100.1M
4	Kenai Peninsula	24	194	$65.3M
5	Juneau	16	108	$41.3M
6	Ketchikan Gateway	13	81	$26.3M
7	Sitka	7	57	$20.1M
8	Kodiak Island	12	26	$16.7M
9	Bethel	5	13	$13.8M
10	Aleutians West	4	12	$13.4M
11	Copper River	10	18	$10.6M
12	Bristol Bay	5	9	$9.3M
13	North Slope	3	14	$9.0M
14	Nome	2	13	$7.0M
15	Hoonah Angoon	4	20	$6.0M
16	Skagway	4	22	$5.7M
17	Lake And Peninsula	4	5	$4.4M
18	Chugach	7	10	$4.4M
19	Northwest Arctic	6	8	$4.1M
20	Petersburg	5	14	$3.7M
21	Southeast Fairbanks	6	15	$3.6M
22	Yukon Koyukuk	3	7	$3.6M
23	Prince of Wales Hyder	6	13	$3.4M
24	Denali	3	3	$3.2M
25	Yakutat	2	10	$2.7M
26	Haines	3	10	$2.6M
27	Prince Wales Ketchikan	3	5	$2.2M
28	Wrangell	3	6	$1.7M
29	Aleutians East	2	5	$1.6M
30	Dillingham	3	7	$845K
31	Wade Hampton	1	2	$800K
32	Skagway Hoonah Angoon	2	4	$147K

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.