Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Anchorage, Alaska Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Anchorage, Alaska Bank Lends Money to Child Day Care Services Company in Seward, Alaska

Get business loans from an Anchorage, Alaska bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First National Bank Alaska is a Anchorage, Alaska small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Alaska company.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
SEWARD, AK 99664

SBA Loan Lender

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

This lender issued this particular bank 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

624410 - Child Day Care Services

Loan Approval Date

4/26/2004

Loan Approval Gross Amount

$16,000

Loan Approval from the SBA

Of the total $16,000 loan amount, the SBA guaranteed $13,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank Alaska and they will explain how you can get an SBA loan for your company.

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 Friends and Family Network

Where to Get an SBA Loan in Anchorage, Alaska

Alaska SBA 7A Banks