ALASKA TRENDS.

FY2019 SBA LOANS IN ALASKA

During FY2019 there were 103 7(A) LOANS made in the SBA Alaska District totaling $61.7 MILLION.

52,000 loans were made nationally totaling $23.17 billion.

"During the past fiscal year in Alaska, we saw an uptick in the number of potential borrowers that accessed the SBA Lender Match program. This indicates local interest in SBA lending programs and that Alaska business owners are researching their options."

Nancy Porzio, Director, SBA Alaska District

Lender Match has generated 4.4 MILLION LEADS on behalf of small business to SBA lenders. That's more 230,000 UNIQUE BORROWERS connected with financing options.

In 2019, SBA expanded online lending tools and cut processing times in HALF.

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During FY2019, there were 8504 LOANS made in the SBA Alaska District totaling nearly $3.2 MILLION.

6,099 loans were made nationally totaling $4.9 billion.

SOURCE: Small Business Administration News Release October...