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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in Alaska

Over the last five years 216 SBA loans in Alaska went to businesses under two years old, 33% of every approval in the state (1 points above the national rate). 80 of them were loans that opened the business in the first place.

Loans to new businesses
216
last 5 years
Lenders that said yes
28
active in Alaska
Median approval
$251K
$49K – $736K typical
Typical term
13 yr
98% were 7(a)

The 15 most active startup lenders in Alaska

Every lender here has approved loans for businesses under two years old in Alaska. The percentage is how much of their Alaska lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Sioux Falls, SD
New-business loans
52
Share of their AK lending
85%
Typical loan
$477K
Last approval
Mar 2026
2
Cleveland, OH
New-business loans
39
Share of their AK lending
59%
Typical loan
$282K
Last approval
Jan 2026
3
Anchorage, AK
New-business loans
32
Share of their AK lending
42%
Typical loan
$661K
Last approval
Mar 2026
4
Anchorage, AK
New-business loans
31
Share of their AK lending
38%
Typical loan
$1.1M
Last approval
Jan 2026
5
Wilmington, NC
New-business loans
9
Share of their AK lending
33%
Typical loan
$1.6M
Last approval
Jan 2026
6
Miami, FL
New-business loans
6
Share of their AK lending
19%
Typical loan
$693K
Last approval
Mar 2026
7
Fishers, IN
New-business loans
5
Share of their AK lending
83%
Typical loan
$2.2M
Last approval
Aug 2025
8
Fairbanks, AK
New-business loans
5
Share of their AK lending
71%
Typical loan
$117K
Last approval
Sep 2024
9
Anchorage, AK
New-business loans
5
Share of their AK lending
29%
Typical loan
$742K
Last approval
Mar 2026
10
Lake Success, NY
New-business loans
4
Share of their AK lending
21%
Typical loan
$888K
Last approval
Apr 2023
11
Lewiston, ME
New-business loans
4
Share of their AK lending
19%
Typical loan
$138K
Last approval
Jan 2026
12
Seattle, WA
New-business loans
4
Share of their AK lending
4%
Typical loan
$758K
Last approval
Mar 2026
13
De Graff, OH
New-business loans
3
Share of their AK lending
75%
Typical loan
$506K
Last approval
Sep 2024
14
Lakewood, WA
New-business loans
2
Share of their AK lending
29%
Typical loan
$1.8M
Last approval
Dec 2022
15
Salt Lake City, UT
New-business loans
2
Share of their AK lending
22%
Typical loan
$289K
Last approval
Feb 2026
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.