Coastal and Great Lakes FreightWater Transportation Business Loans

With these business loans for coastal and great lakes freightwater transportation, the SBA guarantees the lender that the loan will be repaid. This coastal and great lakes freightwater transportation loan for $900,000 was given to an Alaska entrepreneur in 2003.

Getting a small business loan in Anchorage, Alaska was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Alaska, operating out of Anchorage, Alaska. Here are the details on this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: WATER TRANSPORTATION OF FREIGHT
ANCHORAGE, AK 99515

SBA Loan Lender

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

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4449 - Water Transportation of Freight

NAICS Code

483113 - Coastal and Great Lakes FreightWater Transportation

Loan Approval Date

10/14/2003

Loan Approval Gross Amount

$900,000

Loan Approval from the SBA

Of the total $900,000 loan amount, the SBA guaranteed $675,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

We can help you find the best banks for small businesses in Anchorage or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Attracting Investors

SBA Banks in Anchorage, Alaska

Getting a Business Loan in Alaska