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April 16, 2024  
 
 
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Anchorage SBA Lenders

 

 
Loan Census SBA Loan Info

Anchorage, Alaska Bank Gives SBA Loan to Men's Clothing Stores Company

Find Anchorage, Alaska banks that specialize in SBA loans and know how to work with entrepreneurs. First National Bank Alaska is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Anchorage, Alaska starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from First National Bank Alaska. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MEN'S CLOTHING STORES
ANCHORAGE, AK 99520

SBA Loan Lender

FIRST NATIONAL BANK ALASKA
201 W 36TH AVE
ANCHORAGE, AK 99503

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448110 - Men's Clothing Stores

Loan Approval Date

6/27/2001

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $22,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

The Art of Bootstrapping

Where to Get an SBA Loan in Anchorage, Alaska

SBA Lenders in Alaska