SBA Express lending in Alaska: what SBA's data shows
Lenders made 37 SBA Express loans to Alaska businesses in FY2025 and FY2026 through June 30, 2026, worth $4.0 million. The median loan was $55,000, against $50,000 nationally, and 86.5% were lines of credit. Volume fell 37% from FY2024 (30 loans) to FY2025 (19).
In that window, 8 lenders made at least one SBA Express loan in Alaska. 62.2% of loans went to businesses more than two years old, and 1 financed a change of ownership. The most common industries were all other amusement and recreation industries (3), residential remodelers (2), finfish fishing (2).
| Top lenders in Alaska | Loans |
|---|---|
| KeyBank | 21 |
| Newtek Bank | 6 |
| Wells Fargo Bank | 3 |
| HomeTrust Bank | 2 |
| Live Oak Banking Company | 2 |
Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Window: FY2025 and FY2026 through June 30, 2026.
See how Alaska compares on SBA Express loan statistics, or browse all SBA Express lenders.
Alaska Small Business
Small businesses are integral to Alaska's economy. Small Business Administration statistics, as published in the SBA Office of Advocacy state profiles, show that there are around 72,042 small businesses in Alaska, making up 99.2% of all Alaska-based businesses.
With a workforce of no less than 142,761 employees, small businesses thrive in the Last Frontier.
SBA Express loans are made by private lenders. The data above shows which lenders actually made them to Alaska businesses. If you would rather not apply lender by lender, tell us what your business needs: we route your inquiry to SBA lending partners and the lender makes the credit decision.
Compare SBA Express options in Alaska
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