BlogRankingStateBest Alaska SBA Lenders & Rates of 2026

Best Alaska SBA Lenders & Rates of 2026

February 2, 2026
Ranking, State
1 min read

$72.5M
Total Funded

109
Loans Approved

$665K
Avg Loan Size

10.15%
Avg Interest Rate

22
Active Lenders

SBA Loans in Alaska

Alaska businesses received $72.5M in SBA 7(a) loan approvals across 109 businesses in 2025. With 22 active SBA lenders competing for business in Alaska, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in Alaska is $665K, with rates averaging 10.15%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

Top SBA Lenders in Alaska (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to Alaska businesses:

Rank Lender Volume Loans Avg Rate
1 Alaska Growth Capital BIDCO, Inc. $23.7M 17 10.34%
2 Wells Fargo Bank National Association $10.9M 10 9.51%
3 Newtek Bank, National Association $6.3M 7 10.36%
4 KeyBank National Association $5.4M 23 9.97%
5 Live Oak Banking Company $4.9M 4 10.00%
6 First Internet Bank of Indiana $3.7M 2 10.13%
7 First National Bank Alaska $3.5M 5 8.95%
8 Readycap Lending, LLC $2.7M 8 10.53%
9 Northeast Bank $2.0M 10 10.43%
10 Fifth Third Bank $1.9M 1 7.50%
11 Community Bank & Trust-West Georgia $1.8M 2 10.50%
12 Lexicon Bank $1.3M 1 9.00%
13 Stone Bank $910K 2 9.75%
14 Celtic Bank Corporation $681K 5 10.50%
15 First Financial Bank $655K 1 8.40%
16 Lendistry SBLC, LLC $459K 3 12.50%
17 Bank of America, National Association $395K 1 5.44%
18 City National Bank of Florida $375K 1 10.25%
19 CenTrust Bank, A Division of SmartBiz Bank National Associat $350K 2 11.25%
20 Seattle Economic Development Fund dba Community Ca $258K 2 13.50%

🤝 How to Get an SBA Loan in Alaska

Many top SBA lenders work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works with lenders across Alaska and can help you access the best loan programs. Our service is completely free to borrowers.

📞 Get Matched with Alaska SBA Lenders

Ready to apply for an SBA loan in Alaska? Our team can help you get matched with the right lender and program for your business.

Looking for SBA lenders in other states? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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