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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Juneau, Alaska Bank Gives SBA Loan to Scheduled Passenger Air Transportation Company

Get small business loans from a Juneau, 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.

Alaska Pacific Bank is a Juneau, 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: SCHEDULED PASSENGER AIR TRANSPORTATION
HOONAH, AK 99829

SBA Loan Lender

ALASKA PACIFIC BANK
2094 JORDAN AVE
JUNEAU, AK 99801

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

481111 - Scheduled Passenger Air Transportation

Loan Approval Date

1/14/2003

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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 3 employees. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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